Solution Manual For Principles Of Accounting 12th Edition

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Edition: 12th Edition

Format: Downloadable ZIP File

Resource Type: Solution Manual

Duration: Unlimited downloads

Delivery: Instant Download

Solution Manual For Principles Of Accounting 12th Edition

ISBN-10: ‎8126545895, ISBN-13:‎ 978-8126545896

CHAPTER 1: Accounting in Action

ASSIGNMENT CLASSIFICATION TABLE

 

Learning Objectives


Questions
  Brief

Exercises

   

Do It!

 
Exercises
  A

Problems

1.     Identify the activities and users associated with accounting. 1, 2, 3, 4, 5 1 1, 2
2.     Explain the building blocks of accounting: ethics, principles, and assumptions. 6, 7, 8, 9, 10 2 3, 4
3.     State the accounting equation, and define its components. 11, 12, 13, 22 1, 2, 3, 4, 5, 8 3, 5 5 1A, 2A 4A
4.     Analyze the effects of business transactions on the accounting equation. 14, 15, 16, 18 6, 7, 9 4 6, 7, 8 1A, 2A, 4A, 5A
5.     Describe the four financial statements and how they are prepared. 17, 19, 20, 21 10, 11 5 9, 10, 11, 12, 13, 14, 15, 16 2A, 3A, 4A, 5A

 

 

ASSIGNMENT CHARACTERISTICS TABLE

 

Problem

Number

   

Description

  Difficulty

Level

  Time Allotted (min.)
1A Analyze transactions and compute net income. Moderate 40–50
2A Analyze transactions and prepare income statement, owner’s equity statement, and balance sheet. Moderate 50–60
3A Prepare income statement, owner’s equity statement, and balance sheet. Moderate 50–60
4A Analyze transactions and prepare financial statements. Moderate 40–50
5A Determine financial statement amounts and prepare owner’s equity statement. Moderate 40–50

 

 

WEYGANDT ACCOUNTING PRINCIPLES 12E

CHAPTER 1

ACCOUNTING IN ACTION

 

Number   LO   BT   Difficulty   Time (min.)
BE1 3 AP Simple 2–4
BE2 3 AP Simple 3–5
BE3 3 AP Moderate 4–6
BE4 3 AP Moderate 4–6
BE5 3 C Simple 2–4
BE6 4 C Simple 2–4
BE7 4 C Simple 2–4
BE8 3 C Simple 2–4
BE9 4 C Simple 1–2
BE10 5 AP Simple 3–5
BE11 5 C Simple 2–4
DI1 1 K Simple 2–4
DI2 2 K Simple 2–4
DI3 3 AP Simple 6–8
DI4 4 AP Moderate 8–10
DI5 3, 5 AP Moderate 10–12
EX1 1 C Moderate 5–7
EX2 1 C Simple 6–8
EX3 2 C Moderate 6–8
EX4 2 C Moderate 6–8
EX5 3 C Simple 4–6
EX6 4 C Simple 6–8
EX7 4 C Simple 4–6
EX8 4 AP Moderate 12–15
EX9 5 AP Simple 12–15
EX10 5 AP Moderate 8–10
EX11 5 AP Moderate 6–8
EX12 5 AP Simple 8–10
EX13 5 AN Simple 8–10
EX14 5 AP Simple 10–12
EX15 5 AP Simple 6–8
EX16 5 AP Moderate 6–8

 

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