会计学财务会计分册答案.docx

会计学财务会计分册答案.docx

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会计学财务会计分册答案

会计学财务会计分册答案

【篇一：

会计学：

企业决策的基础exercises-chapter4答案】

4–2

ex.4–3

ex.4–4

solutionstoexercises

a.bookvalueb.materiality

c.matchingprincipled.uecordedrevenuee.adjustingentriesf.unearnedrevenueg.prepaidexpenses

h.

none（thisisanexampleof―depreciationexpense.‖）

incomestatement

balancesheet

adjusting

entry

abneidneidcineiineidneidneideneiddnedf

ineinedi

a.rentexpense.......................................................................................240,000

prepaidrent...........................................................................240,000

torecordrentexpenseformay（$1,200,000?

5months=

$240,000permonth）.b.unearnedticketrevenue..................................................................148,800

ticketrevenue.......................................................................148,800

torecordearningportionofseasonticketrevenuerelatingto

mayhomegames.

a.

（1）interestexpense...........................................................................375interestpayable................................................................375

$50,000x9%annualratex1/12=$375.

（2）accountsreceivable....................................................................10,000

consultingfeesearned...................................................10,000

torecordtendaysofunbilledconsultingfeesat$1,000per

day.

b.c.

ex.4–5a.thebalanceoftwa’sadvanceticketsalesaccountrepresentsunearnedrevenue—

thatis,amountscollectedfromcustomerspriortorenderingtherelatedservices（airtravel）.astwahasanobligationtorendertheseservices,theadvancedticketsalesaccountappearsamongtheliabilitiesintwa’sbalancesheet.

b.twanormallyreducesthebalanceofthisliabilityaccountbyrenderingservicesto

customers—thatis,byprovidingflightsforwhichthecustomershavepurchasedtickets.onsomeoccasions,however,twareducesthebalanceofthisliabilitybymakingcashrefundstocustomers.

ex.4–6

ex.4–7

a.1.interestexpense.................................................................................1,200

interestpayable......................................................................1,200

torecordinterestaccruedonbankloanduringdecember.2.depreciationexpense:

officebuilding............................................1,100

accumulateddepreciation:

officebuilding........................1,100

torecorddepreciationonofficebuilding（$330,000?

25years?

1?

12=$1,100）.

3.accountsreceivable...........................................................................64,000

marketingrevenueearned...................................................64,000

torecordaccruedmarketingrevenueearnedindecember.4.insuranceexpense.............................................................................150prepaidinsurance..................................................................150

torecordinsuranceexpense（1,800?

12months=$150）.5.unearnedrevenue.............................................................................3,500

marketingrevenueearned...................................................3,500

torecordportionofunearnedrevenuethathadbecomeearnedindecember.

6.salariesexpense.................................................................................2,400

salariespayable......................................................................2,400

torecordaccruedsalariesindecember.

b.?

$1,200?

$1,100?

$150?

$2,400）.a.thetotalinterestexpenseoverthelifeofthenoteis$5,400（$120,000?

.09?

6?

12=

$5,400）.

themonthlyinterestexpenseis$900（$5,400?

6=$900）.b.theliabilitytothebankatdecember31,2002,is$121,800（principal,$120,000+$1,800

accruedinterest）.c.2002

oct.31cash....................................................................................120,000

notespayable........................................................120,000

obtainfrombanksix-monthloanwithinterestat9%

ayear.

d.dec.31interestexpense................................................................900interestpayable.....................................................900

toaccrueinterestexpensefordecemberonnote

payable（$120,000?

9%?

1?

12）.

e.theliabilitytothebankatmarch31,2003,is$124,500,consistingof$120,000principal

plus$4,500accruedinterestforfivemonths.

a.may1cash....................................................................................notespayable........................................................obtainedathree-monthloanfromnationalbankat

12%interestperyear.may31interestexpense................................................................interestpayable...