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Financial Accounting 3rd Edition Weygandt Solutions Manual

Financial Accounting 3rd Edition


Weygandt Solutions Manual
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-manual/

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Financial Accounting 3rd Edition Weygandt Solutions Manual

CHAPTER 2
The Recording Process

ASSIGNMENT CLASSIFICATION TABLE


Brief A
Learning Objectives Questions Exercises Do It! Exercises Problems

1. Describe how accounts, 1, 2, 3, 4, 5, 6, 1, 2, , 5 1 1, 2, 4, 6, 7


debits, and credits are 7, 8, 9, 14, 21
used to record business
transactions.

2. Indicate how a journal is 10, 11, 12, 13, 3, 4, 6 2 3, 5, 6, 7, 8, 9, 1A, 2A, 3A,
used in the recording 14, 16, 19 11, 12, 13, 14 5A
process.

3. Explain how a ledger and 15, 17 7, 8 3 10, 11, 14 2A, 3A, 5A


posting help in the
recording process.

4. Prepare a trial balance. 18, 20 9, 10 4 11, 12, 13, 15, 2A, 3A, 4A,
16, 17 5A

Copyright © 2018 WILEY. Weygandt, Financial and Managerial Accounting, 3/e, Solutions Manual (For Instructor Use Only) 2-1

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ASSIGNMENT CHARACTERISTICS TABLE

Problem Difficulty Time Allotted


Number Description Level (min.)

1A Journalize a series of transactions. Easy 20–30

2A Journalize transactions, post, and prepare a trial balance. Easy 30–40

3A Journalize and post transactions and prepare a trial balance. Moderate 40–50

4A Prepare a correct trial balance. Moderate 30–40

5A Journalize transactions, post, and prepare a trial balance. Moderate 40–50

2-2 Copyright © 2018 WILEY Weygandt, Financial and Managerial Accounting, 3/e, Solutions Manual (For Instructor Use Only)
WEYGANDT FINANCIAL AND MANAGERIAL ACCOUNTING 3E
CHAPTER 2
THE RECORDING PROCESS
Number LO BT Difficulty Time (min.)
BE1 1 C Easy 6–8
BE2 1 C Easy 4–6
BE3 2 AP Easy 4–6
BE4 2 C Moderate 4–6
BE5 1 C Easy 6–8
BE6 2 AP Easy 4–6
BE7 3 AP Easy 4–6
BE8 3 AP Easy 4–6
BE9 4 AP Easy 4–6
BE10 4 AN Moderate 6–8
DI1 1 C Easy 3–5
DI2 2 AP Easy 3–5
DI3 3 AP Easy 2–4
DI4 4 AP Easy 6–8
EX1 1 K Easy 2–4
EX2 1 C Easy 10–15
EX3 2 AP Easy 8–10
EX4 1 C Easy 6–8
EX5 2 AP Easy 6–8
EX6 1, 2 AP Easy 6–8
EX7 1, 2 AP Easy 8–10
EX10 3 C Easy 2–4
EX11 3, 4 AP Easy 10–12
EX12 2, 4 AP Moderate 10–12
EX13 2, 4 AP Moderate 12–15
EX14 2, 3 AP Moderate 12–15
EX15 4 AN Moderate 6–8
EX16 4 AP Easy 10-15
EX17 2–4 AP Hard 20–25

Copyright © 2018 WILEY. Weygandt, Financial and Managerial Accounting, 3/e, Solutions Manual (For Instructor Use Only) 2-3
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