Solution Manual for Fundamentals of Financial Accounting, 5th Edition
Solution Manual for Fundamentals of Financial Accounting, 5th Edition is packed with detailed solutions to help you grasp concepts effortlessly.
Scarlett Anderson
Contributor
4.8
118
about 2 months ago
Preview (31 of 1179)
Sign in to access the full document!
Instructor’s Resource Manual, Chapter 1 1-1
CHAPTER 1
BUSINESS DECISIONS AND FINANCIAL ACCOUNTING
Student Learning Objectives and Related Assignment Materials
Student Learning Objectives Mini-
Exercises Exercises
Coached
Problems
Problems
(Groups
A & B)
Skills
Development
Cases
Continuing
Case
LO1-1 Describe various
organizational forms
and business decision
makers.
2 1*, 2, 3
LO1-2 Describe the
purpose, structure, and
content of the four basic
financial statements.
2, 3, 4, 5,
6, 7, 8, 9,
10, 11,
12*, 13,
14, 15^,
16
1, 2, 3*,
4, 5, 6*,
7, 8*, 9,
10, 11,
12
1, 3 A1, A3,
B1, B3
1*, 2, 3, 4,
6, 7
1†
LO1-3 Explain how
financial statements are
used by decision
makers.
16 3*, 4, 6*,
9, 10
2, 4 A2, A4,
B2, B4
1*, 2, 3, 4,
6
1†
LO1-4 Describe factors
that contribute to useful
financial information.
1, 2, 3 4, 5, 6
* Animated solution included in the PowerPoint Slides.
^ Particularly challenging; requires students to combine multiple concepts in order to advance to the
next level of accounting knowledge.
† Continuing Case 1-1 introduces Nicole Mackisey, who is thinking of forming her own spa business,
Nicole’s Getaway Spa. This case focuses on preparing a (forecasted) income statement, statement of
retained earnings, and balance sheet for the business. The case will be extended in future chapters.
Overview
A real entrepreneur meets with his local CPA, who walks him through the decisions he must make when
planning his business.
Students discover the role of accounting, with an emphasis on financial statement reporting and use.
CHAPTER 1
BUSINESS DECISIONS AND FINANCIAL ACCOUNTING
Student Learning Objectives and Related Assignment Materials
Student Learning Objectives Mini-
Exercises Exercises
Coached
Problems
Problems
(Groups
A & B)
Skills
Development
Cases
Continuing
Case
LO1-1 Describe various
organizational forms
and business decision
makers.
2 1*, 2, 3
LO1-2 Describe the
purpose, structure, and
content of the four basic
financial statements.
2, 3, 4, 5,
6, 7, 8, 9,
10, 11,
12*, 13,
14, 15^,
16
1, 2, 3*,
4, 5, 6*,
7, 8*, 9,
10, 11,
12
1, 3 A1, A3,
B1, B3
1*, 2, 3, 4,
6, 7
1†
LO1-3 Explain how
financial statements are
used by decision
makers.
16 3*, 4, 6*,
9, 10
2, 4 A2, A4,
B2, B4
1*, 2, 3, 4,
6
1†
LO1-4 Describe factors
that contribute to useful
financial information.
1, 2, 3 4, 5, 6
* Animated solution included in the PowerPoint Slides.
^ Particularly challenging; requires students to combine multiple concepts in order to advance to the
next level of accounting knowledge.
† Continuing Case 1-1 introduces Nicole Mackisey, who is thinking of forming her own spa business,
Nicole’s Getaway Spa. This case focuses on preparing a (forecasted) income statement, statement of
retained earnings, and balance sheet for the business. The case will be extended in future chapters.
Overview
A real entrepreneur meets with his local CPA, who walks him through the decisions he must make when
planning his business.
Students discover the role of accounting, with an emphasis on financial statement reporting and use.
Loading page 4...
Loading page 5...
Loading page 6...
Loading page 7...
Loading page 8...
Loading page 9...
Loading page 10...
Loading page 11...
Loading page 12...
Loading page 13...
Loading page 14...
Loading page 15...
Loading page 16...
Loading page 17...
Loading page 18...
Loading page 19...
Loading page 20...
Loading page 21...
Loading page 22...
Loading page 23...
Loading page 24...
Loading page 25...
Loading page 26...
Loading page 27...
Loading page 28...
Loading page 29...
Loading page 30...
Loading page 31...
30 more pages available. Scroll down to load them.
Preview Mode
Sign in to access the full document!
100%
Study Now!
XY-Copilot AI
Unlimited Access
Secure Payment
Instant Access
24/7 Support
AI Assistant
Document Details
Subject
Accounting