SOLUTION MANUAL Financial Accounting 11th Edition by Jerry J. Weygandt, Paul D. Kimmel Chapters 1 - 13 | Complete TABLE OF CONTENTS Chapter 1. Accounting in Action Chapter 2. The Recording Process Chapter 3. Adjusting the Accounts Chapter 4. Completing the Accounting Cycle Chapter 5. Accounting for Merchandising Operations Chapter 6. Inventories Chapter 7. Fraud, Internal Control and Cash Chapter 8. Accounting for Receivables Chapter 9. Plant Assets, Natural Resources and Intangible Assets Chapter 10. Liabilities Chapter 11. Corporations: Organisations, Stock Transactions and Stockholders’ Equity Chapter 12. Statement of Cash Flows Chapter 13. Financial Analysis: The Big Pictur e 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, 14. 22 1, 2, 3, 4, 5 3 5 4. Analyze the effects of business transactions on the accounting equation. 15, 16, 18 6, 7, 8, 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 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18 2A, 3A, 4A, 5A