会计专业英语复习题答案.docx

1、会计专业英语复习题答案会计专业英语复习题参考答案Keys to ExercisesLesson 1 Word and Term Study1. e Review Exercises &Problems A. 1. F 2. F B. (略)C. 参考译文： 由一人拥有和控制的企业被称为个人独资企业。这种企业形式比较简单，而且通常投资额较小。个人独资企业的所有者对企业内所有的事务制定决策并拥有企业的全部利润。合伙企业是由两个或以上的人（合伙人）共同拥有和控制的企业组织形式。一般在合伙企业中，每个合伙人对企业债务都承担无限责任。同时，合伙企业的寿命也是有限的，企业可能因为某个合伙人死亡或退休而终止

2、。 公司是依照法律规定成立的独立法人组织。公司由股东拥有，股东通过购买公司的股份为公司提供资本。股东个人对公司的债务不承担无限责任。大多数公司的经营业务由股东选出的董事会实施控制。 Lesson 2 Word and Term Study1. d Review Exercises& Problems A. 1. F 2. T C. 参考译文： 在会计恒等式中，资产必须等于负债和所有者权益之和。因为债权人的财产要求权在企业清算时是优先于所有者支付的，所以在会计基本等式中，负债是排列在所有者权益前面的。会计恒等式适用于所有的经济实体，无论其大小、业务性质或组织形式。该等式适用于小型私人经济实体，如

3、街边的杂货店，同样也适用于大公司。这一等式为记录和总结企业的经济活动提供了基本框架。 Lesson 3 Word and Term Study1. c 2. e 4. b 5. a Review Exercises &Problems A. 1. d 4. c 5. c B. 2. Each transaction must be entered in two or more accounts with equal debit and credit amounts. The normal balances of the three account groups are as follows:

4、Account group Normal Balance Assets Debit Liabilities Credit Owners equity Credit C. Case Problem1. (1) June 2 Asset account debited and Owners equity account credited. 5 An asset account debited, another asset account credited. 7 An asset account debited, a liability account credited. 15 An asset a

5、ccount debited, an owners equity account credited. 20 An expenses account debited, an asset account credited. 26 An asset account debited, another asset account credited. 28 A liability account debited, an asset account credited. 31 An owners equity account debited, an asset account credited. (2) Ju

6、ne 2 Debit Cash, increased; Credit Capital, increased 5 Debit Vehicle, increased; Credit Cash, decreased 7 Debit Supplies, increased; Credit Accounts Payable, decreased 15 Debit Accounts Receivable, increased; Credit Service Revenue, decreased 20 Debit Advertising Expenses, increased; Credit Cash, d

7、ecreased 26 Debit Cash, increased; Credit Accounts Receivable, decreased 28 Debit Accounts Payable, decreased; Credit Cash, decreased 31 Debit O. Wilson, Drawings, increased(owners equity decreased); Credit Cash, decreased D参考译文：试算平衡表并不能证明所有的经济业务都已经入账，也不表明分类账的记录是正确的。即使试算平衡表的借贷栏合计相等，也还可能存在很多错误。例如，即使在

8、以下情况下，试算平衡表仍可能是平衡的：（1）一笔业务没有登记到日记账；（2）一笔正确的日记账分录没有过账；（3）一笔日记账分录被两次过账；（4）在登记日记账或过账时使用了错误的账户；（5）在登记业务金额时两处或以上的错误互相抵销。换句话说，只要过账时借方和贷方的金额相等，即使过入的账户或金额是错误的，试算平衡表的借贷栏合计数仍然会相等。Lesson 4 Word and Term Study 1. b. c. d. g. h. 2. (1) account number(2) sales returns and allowances(3) credit purchases(4) source

9、document (or business document)(5) journal; ledger accounts Review Exercises &Problems A. 1. c 2. a B. 2. S 3. SR 5. CP 6. G 7. CP 8. P C. (1) GENERAL JOURNAL J1DateAccount Titles and ExplanationRef.DebitCredit2009Jan 1 3457 1013151720Cash P. Wheeler, Capital Invested cash in business.Prepaid Rent C

10、ash Paid rent for 3 months on the shop space. Repair Equipment Cash Purchased repair equipment for cash.Cash Service Revenue Received cash for services performed. Repair Equipment Accounts Payable Purchased repair equipment on credit. Accounts Receivable Service Revenue Performed service for Fred Ba

11、ca on credit. Accounts Payable Cash Paid for account owed to Comet. Advertising Expense Cash Paid for advertising service. Cash Accounts Receivable Received account from Fred Baca P. Wheeler, Drawings Cash Withdrew cash for personal use. 5,000 675700450175250751753505,00067570045017525075175350 (2)

12、Prepaid Rent $ 675Bal. 675Cash $ 5,0005 1,17 175 $ 6754 70013 25015 7520 350Bal. 4, Repair Equipment $700 7 450Bal. 1150 Accounts Payable $250 $450Bal. 200 Service Revenue $ 10 175Bal. Advertising Expense $ 75 Bal. 75 P. Wheeler, Capital $5,000 Bal. 5,000P. Wheeler, Drawings $350Bal. 350 Accounts Re

13、ceivable $175 $175Bal. 0 (3) Wheelers Repair ShopTrial BalanceJanuary 20,2009 Debit Credit Cash $ Prepaid Rent 675Repair Equipment 1150Accounts Payable 200P. Wheeler, Capital 5,000P. Wheeler, Drawings 350Service Revenue 1, Advertising Expense 75 Totals $6, $6, Lesson 5 Word and Term Study 2. a 3. b

14、5. d Review Exercises &ProblemsA. 1. d 2. b B. 4. (1). June 30 Depreciation Expense 1 362 Accumulated DepreciationEquipment 1 362(2). June 30 Unearned Revenue 4 200 Service Revenue 4 200 (3). June 30 Interest Expense 650 Interest Payable 650(4). $2 500- $1075 = $1 425 June 30 Supplies Expense 1 425

15、Supplies 1 425 (5). June 30 Insurance Expense 1 170 Prepaid Insurance 1 170 C参考译文：收入实现原则要求收入必须在其赚得的会计期间确认。在服务企业中，收入被认为是在服务履行的时候赚得的。另一方面，会计人员还遵循“费用跟着收入走”的原则。也就是说，费用的确认取决于收入在什么时候确认。例如，服务企业为履行服务所发生的工薪费用应当在服务收入确认的同一会计期间登记入账，并在同期的损益表中列报，而不论这项费用在此期间是否支付。 Lesson 6 Word and Term Study1. owners equity 2. sta

16、tement of owners equity 3. report, T-account4. cash flow statement 5. interrelated Review Exercises &Problems A. 1. F 2. F 3. T 4. F 5. T B. (略)C. Case Problem1. (a). net income= $3,070(b).J. Smith Consulting FirmIncome StatementFor the month ended April 30,2010Service Revenue$6,700ExpensesRent Expe

17、nse$1,200Advertising Expense 180Salaries Expense1,800Utilities Expense450Total Expenses 3,630Net Income$3,070(c). J. Smith Consulting FirmBalance SheetApril 30, 2010AssetsLiabilitiesCash$4,150Accounts Payable$ 380Accounts Receivable4,200Short-term Loan3,000Supplies500Total Liabilities3,380office fur

18、niture 1800Owners EquityJ. Smith Capital 7,270Total Assets$10,650Total liabilities and owners equity $10,650 Lesson 7 Word and Term Study 1. c 2. e 3. a 4. b 5. f 6. dReview Exercises &ProblemsB. 1. T 2. F 3. F 4. F 5. FC. 1. The ABC, Capital, Accounts Payable, Accounts Receivable, Accumulated Depre

19、ciation, Buildings, Cash, Prepaid Expense, Supplies, and Unearned Revenue accounts appear in a post-closing trial balance. 2. a. Closing entries: Service Revenue 69,000 Income Summary 69,00031 Income Summary 37,900 Insurance Expense 2,600 Salaries Expense 18,300 Depreciation Expense 7,200 Utilities

20、Expense 1,200 Rent Expense 8,60031 Income Summary 31,100 Danny, Capital 31,10031 Danny, Capital 5,500 Danny, Drawings 5,500b. Adjusted TrialBalanceClosingEntriesPost-ClosingTrial BalanceCash10,80010,800Accounts Receivable 32,000 32,000Supplies7,6007,600Equipment105,000105,000Accumulated Depreciation

21、 Equipment 38,60038,600Patent26,00026,000Accounts Payable30,70030,700Interest Payable1,3001,300Salaries Payable5,2005,200Danny, Capital80,0005,50031,100105,600Danny, Drawings5,5005,500Service Revenue69,00069,000Insurance Expense2,6002,600Salaries Expense18,30018,300Depreciation Expense7,2007,200Util

22、ities Expense1,2001,200Rent Expense8,6008,600Income Summary37,90031,10069,000Total 224,800224,800143,500143,500181,400181,400c.Danny, CapitalBeginning bal. 55,000April 20 25,000Closing 5,500Closing 31,100Ending bal. 105,600Lesson 8 Word and Term Study1. perpetual inventory 2. Discount Received3. FOB

23、 shipping point 4. sales returns and allowances5. Gross profit Review Exercises &ProblemsA. 1. F 2. T 3. T 4. T 5. F C. Remon (seller): Sept. 4Accounts ReceivableDakota.Sales Cost of Goods Sold Inventory 1,7001,0501,7001,0505No entry 8Accounts ReceivableDakota Sales Cost of Goods Sold Inventory 1,20

24、08501,200 8509 Freight-out (or Delivery Expenses) Cash 50 5015Sales Returns and AllowancesAccounts ReceivableDakota Inventory Cost of Goods Sold20014020014019Cash Accounts ReceivableDakota 1,0001,00022Accounts ReceivableDakota Sales Cost of Goods Sold InventoryFreight-out (or Delivery Expenses) Cash

25、2,5001,650902,5001,650 9030CashSales Discounts Accounts ReceivableDakota 2,450 50*2,500 *2%$2,500 =$50 Dakota(buyer): Sept. 4Inventory Accounts PayableRemon 1,7001,7005Freight-in Cash 40 40 8Inventory Accounts PayableRemon 1,2001,200 9 No entry. 15Accounts PayableRemon Inventory20020019Accounts Paya

26、lbeRemon Cash 1,0001,00022Inventory Accounts PayableRemon 2,5002,50030Accounts PayableRemon CashDiscount Received2,500 2,45050 Lesson 9 Word and Term Study1. policies procedures 2. Dividing responsibility (or Segregating duties)3. accuracy reliability 4. regular independent5. guarantees Review Exerc

27、ises A. 1. T 2. F B. (略) C. Translation技术进步使电子商务得到发展。大多数公司有一些电子商务交易。所有这些交易至少涉及三种风险:（1）信用卡卡号被盗是这些交易数据在网络上使用，传输和储存的过程中存在的风险，这也增加了电子商务的成本；（2）电脑病毒是一个恶意程序，它会感染和损坏其他正常的文件和程序。（3）虚假的网上操作可导致销售收入假账的产生，采购不当材料，并在事主不知情的情况下将机密信息泄露给网络黑客。Lesson 10 Word and Term Study 1. bills coins cash 3. bank reconciliation 4 ban

28、k statement over and shortReview Exercises& Problems A. 1. F 2. T 5. F B(略)C. (1)Gates CompanyBank ReconciliationJuly 31, 2010 Balance per bank statement$3000Balance per book $2600Add: deposit of July 31, not yet credited by the bank $100Add: Note collected by bank,plus interest$408$3100$3008Deduct: outstanding check