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CHAPTER 1
Accounting in Action
ASSIGNMENT CLASSIFICATION TABLE
Learning Objectives Questions
Brief
Exercises Exercises
Problems
Set A
Problems
Set B
1. Identify the use and
users of accounting
and the objective of
financial reporting.
1, 2, 3 1 1, 2, 5 1 1
2. Compare different
forms of business
organization.
4 2 3, 2 2
3. Explain the building
blocks of accounting:
ethics and the
concepts included in
the conceptual
framework.
5, 6, 7, 8,
9, 10, 11
3, 4, 5, 6 4, 5, 9, 10 2, 5, 7,
11
2, 5, 7, 11
4. Describe the
components of the
financial statements
and explain the
accounting equation.
12, 13, 14.
15, 16
7, 8, 9,
10, 11, 15
6, 7, 13 3, 4, 6, 7,
8, 11
3, 4, 6, 7,
8, 11
5. Analyze the effects of
business transactions
on the accounting
equation.
17, 18 12, 13, 14 5, 8, 9,
10, 11,
12, 13
5, 7, 8,
11
6, 7, 8, 9,
10, 11
6. Prepare financial
statements.
19, 20 14, 15, 16
17, 18
9, 14, 15,
16, 17
6, 7, 8, 9,
10, 11
2, 5, 7, 11ÂÂ
Accounting Principles 7th Canadian Edition, 7e Weygandt Donald Kieso Kimmel Trenholm Warren Novak Solutions Manual All Chapters, Original , Complete And Study material 2309pages LEARNEXAMS
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