会计英语课后习题参考标准答案Word文档格式.docx
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(d)Decreaseinanasset,decreaseinaliability.
(e)Decreaseinanasset,decreaseincapital.
2.
Transactions
Assets
+/-
Liabilities
Owner’sequity
1
+
2
3
-
4
5
6
7
8
9
10
3.
Describeeachtransactionbasedonthesummaryabove.
Purchasedlandforcash,$6,000.
Investmentforcash,$3,200.
Paidexpense$1,200.
Purchasedsuppliesonaccount,$800.
Paidowner’spersonaluse,$750.
Paidcreditor,$1,500
Suppliesusedduringtheperiod,$630.
4.
Equity
Beginning
275,000
80,000
195,000
Add.investment
48,000
Add.Netincome
27,000
Lesswithdrawals
-35,000
Ending
320,000
85,000
235,000
5.
(a)
March31,20XX
April30,20XX
Cash
4,500
5,400
Accountsreceivable
2,560
4,100
Supplies
840
450
Totalassets
7,900
9,950
Liabilities
Accountspayable
430
690
TinaPierce,Capital
7,470
9,260
(b)netincome=9,260-7,470=1,790
(c)netincome=1,790+2,500=4,290
Chapter2
1.
a.ToincreaseNotesPayable-CR
b.TodecreaseAccountsReceivable-CR
c.ToincreaseOwner,Capital-CR
d.TodecreaseUnearnedFees-DR
e.TodecreasePrepaidInsurance-CR
f.TodecreaseCash-CR
g.ToincreaseUtilitiesExpense-DR
h.ToincreaseFeesEarned-CR
i.ToincreaseStoreEquipment-DR
j.ToincreaseOwner,Withdrawal-DR
2.
a.
Cash
1,800
Accountspayable
b.
Revenue
Accountsreceivable
c.
Owner’swithdrawals
1,500
SalariesExpense
d.
AccountsReceivable
750
Revenue
PrepareadjustingjournalentriesatDecember31,theendoftheyear.
Advertisingexpense
600
Prepaidadvertising
Insuranceexpense(2160/12*2)
360
Prepaidinsurance
Unearnedrevenue
2,100
Servicerevenue
Consultantexpense
900
Prepaidconsultant
3,000
4.
1.$388,400
2.$22,520
3.$366,600
4.$21,800
5.
1.netlossfortheyearendedJune30,2002:
$60,000
2.DRJonNissen,Capital60,000
CRincomesummary60,000
3.post-closingbalanceinJonNissen,CapitalatJune30,2002:
$54,000
Chapter3
1.DundeeRealtybankreconciliation
October31,2009
Reconciledbalance$6,220Reconciledbalance$6,220
2.April7Dr:
Notesreceivable—Acompany5400
Cr:
Accountsreceivable—Acompany5400
12Dr:
Cash5394.5
Interestexpense5.5
Notesreceivable5400
June6Dr:
Accountsreceivable—Acompany5533
Cash5533
18Dr:
Cash5560.7
Cr:
Accountsreceivable—Acompany5533
Interestrevenue27.7
3.(a)Asawhole:
theendinginventory=685
(b)appliedseparatelytoeachproduct:
theendinginventory=625
4.Thecostofgoodsavailableforsale=endinginventory+thecostofgoods=80,000+200,000*500%=80,000+1,000,000=1,080,000
5.
(1)24,000+60,000-90,000*0.8=12000
(2)(60,000+24,000)/(85,000+31,000)*(85,000+31,000-90,000)=18828
Chapter4
1.(a)second-yeardepreciation=(114,000–5,700)/5=21,660;
(b)second-yeardepreciation=8,600*(114,000–5,700)/36,100=25,800;
(c)first-yeardepreciation=114,000*40%=45,600
second-yeardepreciation=(114,000–45,600)*40%=27,360;
(d)second-yeardepreciation=(114,000–5,700)*4/15=28,880.
2.(a)weighted-averageaccumulatedexpenditures(2008)=75,000*12/12+84,000*9/12+180,000*8/12+300,000*7/12+100,000*6/12=483,000
(b)interestcapitalizedduring2008=60,000*12%+(483,000–60,000)*10%=49,500
3.
(1)depreciationexpense=30,000
(2)bookvalue=600,000–30,000*2=540,000
(3)depreciationexpense=(600,000–30,000*8)/16=22,500
(4)bookvalue=600,000–30,000*8–22,500=337,500
4.Situation1:
Jan1st,2008InvestmentinM260,000
Cash260,000
June30Cash6000
Dividendrevenue6000
Situation2:
January1,2008InvestmentinS81,000
Cash81,000
June15Cash10,800
InvestmentinS10,800
December31InvestmentinS25,500
InvestmentRevenue25,500
5.a.December31,2008InvestmentinK1,200,000
Cash1,200,000
June30,2009DividendReceivable42,500
DividendRevenue42,500
December31,2009Cash42,500
DividendReceivable42,500
b.Decembe