会计英语Word格式.docx

会计英语Word格式.docx

《会计英语Word格式.docx》由会员分享，可在线阅读，更多相关《会计英语Word格式.docx（51页珍藏版）》请在冰豆网上搜索。

________________.

6.

Resourcesownedbyacompany（suchascash,accountsreceivable,vehicles）arereportedonthebalancesheetandarereferredtoas__________________.

7.

Assetsareusuallyreportedonthebalancesheetatwhichamount?

cost 

currentmarketvalue 

expectedsellingprice

8.

Obligations（amountsowed）arereportedonthebalancesheetandarereferredtoas________________.

9.

Liabilitiesoftenhavetheword________________intheiraccounttitle.

10.

UnearnedRevenuesiswhattypeofaccount?

Asset 

Liability 

Stockholders'

（Owner'

s）Equity

11.

Accountingentriesinvolveaminimumofhowmanyaccounts?

one 

two 

three

12.

Thelistingofalloftheaccountsavailableforuseinacompany'

saccountingsystemisknownasthe_____________ 

___ 

_______________.

13.

Assetsminusliabilitiesequals______________________ 

_____________.

14.

Whichtermisassociatedwith"

left"

or"

left-side"

?

Debit

Credit

15.

right"

right-side"

16.

Whencashisreceived,theaccountCashwillbe

Debited

Credited

17.

Whenacompanypaysabill,theaccountCashwillbe

18.

Whatwillusuallycauseanassetaccounttoincrease?

19.

WhatwillusuallycausetheliabilityaccountAccountsPayabletoincrease?

20.

EntriestoexpensessuchasRentExpenseareusually

Debits

Credits

21.

EntriestorevenuesaccountssuchasServiceRevenuesareusually

二．DebitsandCredits

1.Acompanyreceives$500ofcashasanadditionalinvestmentinthecompanybyitsowner,MarySmith.Thecompany'

sCashaccountisincreasedandMarySmith,Capitalisincreased.

a.

Shouldthe$500entrytotheCashaccountbeadebit?

Yes

No

b.

Shouldthe$500entrytoMarySmith,Capitalbeadebit?

2.AcompanyperformedservicesonaccountinAugust.Theserviceswerefor$2,000andthecompanygavethecustomercredittermsthatstatetheamountistobepaidtothecompanyinSeptember.

Assumingthatthecompanypreparesmonthlyincomestatements,whatwillbetheaccountdebitedfor$2,000inAugust?

Cash 

AccountsReceivable 

ServiceRevenue

Whichaccountshouldthecompanycreditfor$2,000inAugust?

c.

InSeptemberwhenthecompanyreceivesthe$2,000fromthecustomer,whichaccountshouldthecompanydebit?

d.

InSeptemberwhenthecompanyreceivesthe$2,000fromthecustomer,whichaccountshouldthecompanycredit?

3.Toincreasethebalanceinthefollowingaccounts,wouldyoudebittheaccountorwouldyoucredittheaccount?

AccountsPayable

Cash

Land

NotesPayable

e.

AccountsReceivable

f.

MarySmith,Capital

g.

Supplies

h.

SuppliesExpense

i.

PrepaidInsurance

j.

ServiceRevenue

k.

MarySmith,Drawing

l.

Equipment

m.

UnearnedRevenue

4.Todecreasethebalanceinthefollowingaccounts,wouldyoudebittheaccountorwouldyoucredittheaccount?

5.Whatisthenormalbalanceforthefollowingaccounts?

Generallywhenanexpenseisinvolvedinatransaction,anexpensewillbe

Generallywhenrevenuesareinvolvedinatransaction,arevenueaccountwillbe

Theaccountant'

swordtoindicatethatanentrywillberecordedontheleft-sideofanaccountis

Acontra-assetaccountsuchasAccumulatedDepreciationwilllikelyhavewhichbalance?

Acontra-liabilityaccountsuchasDiscountonNotesPayablewilllikelyhavewhichbalance?

三．ChartofAccounts

Thechartofaccountsisalistingoftheaccountspresentlyhavingbalancesinthegeneralledger.

True

False

Someaccountingsoftwareclassifysomeaccountsas"

income"

accounts,whileaccountantsmightrefertotheseaccountsas"

revenue"

accounts.

Thedigitsoftheaccountnumbersassignedtogeneralledgeraccountsoftenhavesignificance.Forexample,anaccountnumberbeginningwitha"

1"

mightsignifythattheaccountisanassetaccount,a"

6"

mightsignifyanoperatingexpense,etc.

Theaccountsshowninthechartofaccountscanbebroadlyclassifiedintotwocategories:

balancesheetaccountsand______________ 

______________accounts.

Everytransactionwillaffecthowmanyaccounts?

onlyone 

onlytwo 

twoormore

Inadditiontothestandardchartofaccountsforaspecificindustry,youwilllikelywanttoexpandand/ormodifythechartofaccountstofityourbusiness.Onetoolthatwouldbehelpfulindeterminingtheaccountsforyourcompanywouldbeyourcompany'

s_______________chart.

四．Bookkeeping

Inamanualbookkeepingsystem,transactionsarefirstrecordedina__________.

Ajournal_________includesthedate,accounts,andamounts.

Inamanualbookkeepingsystem,eachamountinajournalispostedtoan_____________.

Acompany'

s___________ledgercontainsalloftheaccountssuchasRentExpense,Supplies,andInterestPayable.

Aninternaldocumentthatispreparedtoprovethatthetotalofallthedebitbalancesisequaltothetotalofallthecreditbalancesisa_________ 

___________.

Historically,thefinalstepofthe_______________'

sresponsibilitieswastoprepareatrialbalance.

Accounting_____________hasmadetherecordingoftransactionsmuchmoreefficient.

Accountingsoftwarehaseliminatedmanyofthemathandrecording________thatwerecommonwithamanualsystem.

Becauseatleasttwoaccountsareinvolvedineverytransaction,thebookkeepingsystemisreferredtoas_________entrybookkeeping.

A_________entryisenteredontheleftsideofanaccount.

debit

credit

A_________entryisenteredontherightsideofanaccount.

AtypicalentryintheaccountWagesExpensewillbea

AtypicalentryintheaccountSaleswillbea

Adebitwillcausethebalanceinaliabilityaccountto

decrease

increase

Whenacheckiswritten,thecompany'

sCashaccountshouldbe

debited

credited

Whencashisreceived,thecompany'

Invoicesfromvendors（suppliers）whichareduein30daysshouldbecreditedtoAccounts___________

The__________ofaccountsisalistingofthegeneralledgeraccountsinwhichamountscanbeposted.

Thechartofaccountshastwobroadtypesofaccounts:

balancesheetaccountsand__________ 

Historically,thefinancialstatementshavebeenpreparedbyan______________

NOTE:

Toseeeachanswer,placeyourcursorinthemiddleofthecellunder"

UnscrambledAnswer"

. 

WordClue

Scrambled 

Answer

Unscrambled 

Theseareenteredontheleftsideofanaccount.

STDIBE

DEBITS

Theseareenteredontherightsideofanaccount.

RTDSCEI

CREDITS

Theseaccountswillnormallyhaveacreditbalance.

IELATISILIB

LIABILITIES

Theseaccountswillnormallyhavedebitbalances.

TSESAS

ASSETS

Assets=Liabilities+Owner'

s_________.

TUQEYI

EQUITY

Salesareanexampleofthese.

EENESVUR

REVENUES

Thecreditamountinthedepreciationentryisrecordedin______________Depreciation.

DTUCAMALCUE

ACCUMULATED

Theaccountsarecontainedinthegeneral___________.

DLRGEE

LEDGER

Entrie