会计学原理英文版21版答案

会计学原理英文版21版答案

【篇一：19版《会计学原理》会计英语双语词汇 怀尔德】

=txt>会计术语

accounting; account; accountant; cpa, cma, cia, cb, cfe; financial accounting; managerial accounting; auditor; internal control; financial management; bookkeeping recordkeeping;

会计;账户;会计师;注册会计师,注册管理会计师,注册内部审计师,注册簿记员,注册舞弊检查员;财务会计,管理会计,审计员,内部控制;财务管理;记账；记录;

rd, research development; hr human resource; distribution; logistics; marketing; not-for-profit organization; shareholder; stakeholder; lender; creditor; debtors; supplier; customer; regulator; legislator; board of director; broker; mortgage; wholesaler, retailer; merchandiser; manufacturer; services; consignor; consignee; entrepreneur, entrepreneurship; sole proprietorship; partnership; corporation; common stock or ordinary share; preferred stock or preference share; corporate governance system; limited company; soe：state-owned enterprise; sme： small and medium sized enterprise;

研发、研发、人力资源;分配；物流;销售;非营利组织;股东;利益相关者;出借人;债权人,债务人;供应商;客户;监管;立法;董事会;代理;抵押贷款;批发商、零售商,推销商,制造商,服务,发货人,收货人,企业家,企业家能力;个人独资,合伙企业;企业;普通股或普通股,优先股或优先股;公司治理系

统;有限公司；国有企业,中小企业,

financial statement; financial report; footnotes to financial statement; interim financial statement; annual, semiannually, quarterly, monthly financial statement; balance sheet; income statement; cash flow statement; statement of owner’s equity; classified financial statement; pro forma financial statements; unadjusted trial

balance; adjusted trial balance; post-closing trial balance; book; journal; ledger; general journal; specific journal; general ledger; subsidiary ledger; chart of accounts; double-entry accounting; working papers; work sheet; 财务报表、财务报告、财务报表附注;中期财务报表,年度,每半年、季度、月度财务报表,资产负债表,损益表,现金流量表,所有者权益表;财务报表分类;形式上的财务报表;调整前试算表,调整后试算表,结帐后试算表;账簿;日记账;分类账;一般日记账;特定日记账,总账、明细分类帐;会计科目表;复式会计;工作底稿;工作表;

accounting ethics; accounting fraud, scandal; bogus accounting report; accounting oversight; stringent internal control; accounting principle, assumption, and standard; social responsibility; fasb, gaap, sec, iasb, ifrs; general principle, specific principles; cash basis accounting; accrual basis accounting; cost principle; revenue reorganization principle; matching principle; materiality constraint (cost-to-benefit constraint); full disclosure principle; going-concern assumption; monetary unit assumption; time period assumption (periodicity

assumption) ; business entity assumption; consistency concept; conservatism

constraint; lower of cost or market; lifo conformity rule;

会计道德;会计欺诈，丑闻,虚假的会计报告;会计监督;严格的内部控制,会计原则,假设,和标准;社会责任;财务会计准则委员会,公认会计准则,证券交易委员会,国际会计准则委员会,国际财务报告准则;一般原则,具体原则;收付实现制;权责发生制会计;成本原则;收入确认原则,配比原则;物质性约束(效益成本约束);全面披露原则,持续经营假设;货币计量假设;会计分期假设(周期性假设);会计主体假设;一致性概念;保守主义约束;降低成本或市场;后进先出一致性规则;

accounting cycle; operating cycle; accounting documents; source documents; sales tickets; checks; purchase orders; bills; invoice; cash register; money and any medium of exchange; deposit; money orders; promissory note; written promise; asset; tangible asset; intangible asset; liability; owner’s equity; revenue; expense; profit; current asset; non-current asset; fixed asset; plant and equipment; cash discount; cost of goods sold; credit memorandum; credit period; credit terms; debit memorandum; discount period; eom (end of month); fob

shipping point; fob destination; general and administrative expenses; gross margin; inventory; list price; multiple-step income statement; periodic inventory system; perpetual inventory system; purchase return and allowance; shrinkage; supplementary records; trade discount; damage and loss in transit; transportation-in， transportation-out; itemized cost; physical count; deterioration;

会计循环;营业周期;会计凭证;原始凭证;销售票据,检查,采购订单,账单;;收银台;金钱和任何交换的媒介,存款,汇票,本票,书面承诺;资产,有形资产,无形资产,负债,所有者权益,收入,费用,利润,流动资产、非流动资产、固定资产、厂房和设备,现金折扣,销货成本;信用证 ;信贷时期,信

贷条件;借项通知单;折扣期间，月末;寄发地交货,目的地交货;一般及行政费用,毛利;存货;定价;多级损益表;定期盘存制;永续盘存制;回购和津贴;损失;补充记录;商业折扣,伤亡和损失在运输过程中,运入运费，运出运费;会计成本;实物盘点;衰退;

t-account; contra account; permanent accounts; temporary accounts; transaction and event; what-if or proposed transaction; liquidation; net income or loss; income summary; sale on credit, sale on account; receivables; payables; capital; supplies; notes payable; accumulated depreciation; straight-line depreciation; reduced balance depreciation; withdrawal; deferral; accruals; deferred expenses or revenues; accrued expenses or revenues; working capital; beginning balance; ending balance, end-of-period balance; normal balance; opposite normal balance; short-term, long-term; point of time, period of time; prior period; fiscal year, 12 consecutive months or 52 weeks; calendar year; natural business year; closing entries; prepaid account; premium; journal entry; year-end adjusting entry; posting reference column; unearned revenue;

丁字式帐户;抵销帐户;永久账户;临时账户,交易和事件,提出假设或事务;清算;净利润或损失;收益汇总;赊销,赊销;应收,应付款;资本;物料;应付票据,累计折旧;直线折旧,余额递减折旧;撤资;延迟;权责发生额;递延费用或收入;应计费用或收入,营运资本,期初余额,期末余额,期末余额;正常平衡;相反的正常平衡,短期、长期,时点,时期,前期;财政年度,连续12个月或52周,历年;自然年;结帐分录;预付帐户;溢价;日记账分录,年终调整分录;过账备查账,预收收入;

business decision; lending decision; investment; return; financing; cost of capital; dividend; bonus; principal amount; interest rate; book value; historical value; residual value; salvage value; amount; pro rata basis; gift card; gift

certificate; coupon; premium; salary; wage; pension; welfare; interest; vacation, vocation; carton, cartoon; patent; trademarks; copyrights; franchise; goodwill; licensing agreement; inflation; deflation; goods in transit; goods on consignment; goods damaged or obsolete (deteriorate) ; goods work-in-progress; incidental cost; inventory costing method; physical flow of goods and cost flow of inventory; cost in or out of inventory; specific identification; first-in, first-out; last-in, first-out; weighted average;

商业决策;贷款决策;投资;回报;融资;资本成本;股息,红利,本金;利率;账面价值;历史价值;残值;残值;数量;按比例;礼品卡;礼券,礼券,奖金;工资,工资,养老金;福利;利息;假期,假期,纸箱,卡通,专利,商标,版权,特许经营;商誉;许可协议;通货膨胀,通货紧缩,货物在运输途中,货物托运;货物损坏或过时(恶化),货物在制品;杂项费用,存货成本核算方法;商品实质流程和存货成本流;成本或库存,具体识别;先进,先进先出,后进先出,加权平均,,

identify; record; classify; communicate; analyze; interpret; prepare financial statement (trial balance); present; manipulate; disclose; withdraw; own; owe; yield; prescribe; summarize; journalize; post; credit; debit;

understate; overstate; adjust; defer; subtract; add; multiply; divide; transfer; update; come due; smooth out changes in cost; match cost with revenue;

识别、记录、分类;沟通;分析;解释;准备财务报表(试);现在,操纵;披露;撤资;自己所有的;欠;产量;规定;总结;记日记账;宣布;贷方;借方;低估;高估;调整;推迟;减少;增加;乘;分化;转移;更新;到期;平滑变化成本;成本与收入匹配;

financial management terms

财务管理方面

part a-chapter 1 部分一章1

financial accounting, managerial accounting, and financial management

财务会计、管理会计和财务管理

investment decision, financing decision, and dividend decision

投资决策、融资决策和股利决策

enterprise, company, firm, business, proprietorship, partnership, corporation

企业、公司、公司、企业,独资企业,合伙企业,公司

listed company or quoted company

上市公司或上市公司

stock exchange listing regulation

证券交易所上市的监管

voluntary and not-for-profit organization, economy, effectiveness and efficiency

自愿和非营利性组织、经济、有效性和效率

corporate strategy and financial strategy

公司战略和财务战略

accounting principle, rules, standards, and assumptions

会计原则、规则、标准和假设

going-concern basis, accounting period, accounting monetary unit assumption

持续经营基础上,会计期间、会计主体和稳定货币单位的假设

monetary and non-monetary measures

货币和非货币性的措施

financial statement and financial report

财务报表和财务报告

entity, and stable

balance sheet or statement of financial position

资产负债表或财务状况的声明

income statement, cash flow statement, and statement of owner’s equity

损益表、现金流量表和所有者权益的声明

financial objectives or targets

财务目标或目标

identification and formulation of objectives

识别和制定目标

the welfare of employee, of management, of society

员工的福利,社会的管理

the fulfillment of responsibility towards customers and suppliers

实现对客户和供应商的责任

shareholders’ wealth maximization

股东财富最大化

profitability, growth, customer satisfaction

盈利能力、增长、客户满意度

financial achievement

财务成果

actual performance and forecast performance

实际性能和预测性能

disproportionate to true worth

不成比例的真实价值

drawback, advantage, disadvantage, shortcoming

缺点,优点,缺点,缺点

agency relationship, goal congruence

代理关系,目标一致

corporate governance, internal control, and risk management

公司治理、内部控制和风险管理

reward scheme, performance-related pay, extrinsic and intrinsic rewards

奖励计划,绩效工资,外在和内在的回报

accountability, good supervision,

问责,监督好,

remuneration committee, nomination committee, independent non-executive director

薪酬委员会、提名委员会、非执行董事

accountant and auditor

会计和审计

shareholder or stockholder, and stakeholder, creditor and debt holder

股东或股东和利益相关者,债权人和债务持有人

employees, directors; managers, pensioners, shareholders, debt holders,

investors, customers, bankers, suppliers, competitors, government, pressure groups, local and national communities, professional and regulatory bodies

雇员、董事、管理人员、退休人员、股东、债权人、投资者、客户、银行家、供应商、竞争对手、、压力团体,地方和全国社区、专业和监管机构

securities, bond, stock, loan, bank overdraft, saving, debenture, accounts receivable,

证券,债券,股票,贷款,银行透支,储蓄、债券、财政部、应收帐款、

working capital, shareholders’ fund or equity

营运资本,股东的基金或股票

input, output, yield, product, production, productivity,

输入、输出、产量、产品、生产、生产力、

asset, liabilities, owners’ equity, revenue, expense profit

资产、负债、所有者权益、收入、费用利润

current asset, accounts receivable, inventory

流动资产、应收帐款、库存

treasury,

non-current asset, plant and equipment, fixed asset

非流动资产,厂房和设备,固定资产

volume of investment, risk and return of investment

的投资,投资的风险和回报

short-term, medium-term, long-term funds, shortfall in fund

短期、中期、长期的基金,基金缺口

net present value, book value, market value, added value, nominal value and real value 净现值、账面价值、市场价值,附加价值,名义价值和实际价值

benefit, gain, interest, dividend, earnings, retained earnings, profit retention

利益,收益,利息、股息、获利、留存收益、利润保留

ordinary share, preference share

普通股、优先股

business risk and financial risk

商业风险和金融风险

accounting profit and economic profit

会计利润和经济利润

manipulation of profit

操纵利润

capitalization

资本化

ratio, index, indicator, variables

比率指标,指标变量

bad debt, depreciation

坏账、折旧

cost of goods sold

销货成本

provision for depreciation or anticipated losses

折旧准备或预期的损失

overhead cost, development cost, and various expenses

间接成本、开发成本和各种费用

administration or selling and distribution expenses

【篇二：会计学原理试题及答案(很全)】

>一、 判断题（对的写t，错的写f。共15分，每小题1分）

（）1、会计的职能只有两个，即核算职能和监督职能。

（）2、会计要素中既有反映财务状况的要素，也有反映经营成果的要素。

（）3、一项经济业务的发生引起负债的增加和所有者权益的减少，会计基本等式的平衡

关系不受其影响。

（）4、在借贷记账法下，账户的借方登记增加数，贷方登记减少数。

（）5、所有账户都是根据会计科目开设的，包括总账账户和明细账户。

（）6、企业生产用固定资产计提折旧时应直接记入“制造费用”账户。

（）7、对于资产负债结算账户，可以根据其余额的方向来判断其性质。

（）8、属于所有者权益类的所有账户，它们的用途和结构都是相同的。

（）9、收款凭证和付款凭证不仅是记账的依据，而且也是出纳员办理收款、付款业务的根据。

（）10、除结账和更正错误的记账凭证可以不附原始凭证外，其他记账凭证必须附有原

始凭证，并注明所附原始凭证的张数。

（）11、“生产成本”账户按用途和结构分类，应属于盘存或成本计算账户。

（）12、会计人员在填制记账凭证时，误将9 800写为8 900，并已登记入账。月终结账

前发现错误，更正时应采用划线更正法。

（）13、无论采用永续盘存制还是实地盘存制，都需要对财产物资进行清查，都可以采

用实地盘点的方法。

（）14、在任何情况下，应收账款项目都是根据应收账款总账的期末余额填制。

（）15、采用科目汇总表账务处理程序，总分类账、明细分类账和日记账都应根据科目

汇总表登记。

二、单项选择题（共15分，每小题1分）

（）1、下列项目中，引起负债有增有减的经济业务是 。

a、以银行存款偿还银行借款 b、用银行借款抵付应付账款

c、以银行存款上交税金d、收到外商捐赠的设备 （）2、收到某单位预付货款存入银行，所引起的变动为 。

a、一项资产增加，一项负债增加 b、一项资产减少，一项负债减少

c、一项资产增加，一项所有者权益增加 d、一项资产减少，一项所有者权益减少

（）3、某企业销售产品一批，部分货款收存银行，部分货款对方暂欠，该企业应填制 。

a、收款凭证和付款凭证b、收款凭证和转账凭证

c、付款凭证和转账凭证d、两张转账凭证

（）4、下列不能作为会计核算依据的是 。

a、领料单 b、发货票 c、经济合同 d、入库单

（）5、如果发现记账凭证所用的科目正确，只是所填金额大于应填金额，并已登记入账，

应采用 更正。

a、划线更正法 b、红字更正法c、平行登记法 d、补充

登记法

（）6、在下列账簿中，需要进行日清月结的账簿是 。

a、备查账簿b、现金日记账c、总分类账 d、明细分类账

（）7、财产清查中，如财产的盘亏是由于保管人员失职所造成的，则应计入 。

a、管理费用 b、生产成本c、其他应收款d、营业外支出 （）8、在记账无误的情况下，银行对账单与企业银行存款日记账账面余额不一致是因造成的。

a、应付账款 b、未达账项c、坏账损失 d、应收账款 （）9、下列 属于外来原始凭证。

a、领料单 b、购货c、收料单 d、工资结算汇

总表

（）10、活页式账簿和卡片式账簿主要适用于 。

a、特种日记账 b、普通日记账 c、总分类账簿 d、明细分类账簿

（）11、如果企业月末资产负债表中，“固定资产”为100万元，“累计折旧”为40万元，

则企业“固定资产净值数”应填列 。

a、100万元b、60万元 c、140万元 d、160万元 （）12、编制利润表主要是依据 。

a、资产、负债及所有者类各账户的本期发生额

b、损益类各账户的期末余额

c、损益类各账户的本期发生额

d、资产、负债及所有者权益类各账户的期末余额

（）13、 是一种最基本的账务处理程序，也是其他账务处理程序的基础。

a、记账凭证账务处理程序c、科目汇总表账务处理程序

b、汇总记账凭证账务处理程序 d、日记总账账务处理程序

（）14、为了反映和监督企业销售商品和提供劳务所实现的收入以及因销售商品而与购

买单位之间发生的货款结算业务，应设置的账户是 。

a、“主营业务收入”账户b、“应收账款”账户

c、“营业外收入”账户 d、“应收票据”账户

（）15、一个企业的资产总额与权益总额 。

a、可能相等 b、有时相等c、必然相等 d、只有在期末时相等

三、多项选择题（共15分，每小题1分）

（ ）1、会计的方法实际上是 。

a、会计核算的方法b、会计分析的方法

c、会计算账的方法d、会计检查的方法

（）2、下列项目中，属于企业流动资产的有 。

a、银行存款b、预收账款 c、应收账款 d、库存商品

（ ）3、在进行试算平衡时，下列哪些错误不会影响借贷双方的平衡关系 。

a、漏记某项经济业务 b、某项经济业务记错有关账户

c、重记某项经济业务 d、某个账户颠倒了记账方向 （ ）4、总分类账户和明细分类账户的平行登记是指 。

a、登记会计期间一致 b、登记方向相同

c、登记金额相等 d、登记数量相等

（ ）5、下列账户可能会与“本年利润”账户借方发生对应关系的是 。

a、主营业务成本 b、销售费用

c、管理费用 d、营业税金与附加

（ ）6、作为原始凭证应具备的基本内容是 。

a、经济业务内容b、凭证的名称、填制日期及有关责任人的签章

c、接受凭证单位的名称d、会计分录

（）7、账簿记录发生错误时，可以采取的处理办法是 。

a、用退色药水消除字迹或者重新抄写账页

b、对错误的文字或数字进行涂改、挖补、刮擦

c、用红字填制记账凭证和登账，冲销原多记金额

d、在错误的文字或数字正中划一条红线后进行更正

（）8、日记账与总账的核对，主要包括 。

a、现金日记账与库存现金总账之间的核对

b、现金日记账与其他总账之间的核对

c、银行存款日记账与银行存款总账之间的核对

d、银行存款日记账与其他总账之间的核对

（）9、下列能作为编制财务报表的直接来源的是 。

a、原始凭证 b、总账

c、记账凭证 d、明细账

（）10、外购材料取得的成本包括 。

a、买价b、定额内的途中损耗

c、运杂费 d、非正常损耗

（）11、企业在组织会计核算时，应遵循的会计假设包括 。

a、会计主体假设 b、持续经营假设

c、会计分期假设 d、货币计量假设

（）12、制造企业是产品的生产单位，其完整的生产经营过程由 所构成。

a、供应过程 b、生产过程 c、买卖过程 d、销售过程

（）13、下列会计分录中属于复合会计分录的是 。

a、一借一贷的会计分录 b、一借多贷的会计分录

c、一贷多借的会计分录 d、多借多贷的会计分录

（）14、科目汇总表能够 。

a、起到试算平衡的作用 b、反映各科目的借、贷方本期发生额

c、反映各科目的期末余额 d、反映各科目之间的对应关系 （）15、产品生产费用包括 。

a、人工费用 b、间接费用 c、材料费用 d、成本费用

四、实务题（55分）

（一）某公司某年12月份发生经济业务如下。要求编制会计分录，如有计算，要求写出计

算过程。（共40分，每小题2分）

1、5日，向阳光公司购入a材料38 000元，额为6 460元，款已预付。材料验收入

库。

2、10日，公司销售甲产品价税款合计292 500元，已收款。

3、10日，从银行提取现金30 000元直接发放工资。

4、11日，开出现金支票购买厂部办公用品780元。

5、16日，提取本月固定资产折旧，其中车间8 100元，厂部3 200元。

6、18日，公司购买一台车床，买价240 000元，40 800元，运杂费1 000元，款项

暂未支付，设备交付使用。

7、30日，分配工资费用，其中甲产品工人工资12 000元，乙产品工人工资8 000元，车间

管理人员工资6 000元，行政管理人员工资4 000元。

8、30日，按14%的比例计提本月职工福利费。

9、30日，经批准将资本公积金60 000元转增资本。

10、31日，汇总本月材料发出情况如下（a材料7 600元，b材料12 300元）

甲产品生产领用6 000元乙产品生产领用5 000元

车间一般耗用5 900元 行政管理部门耗用3 000元

合计：19 900元

11、31日，按本月生产工时比例，将发生的制造费用分配给甲、乙产品。（甲产品6 000工

时，乙产品4 000工时）

12、31日，甲、乙产品均全部完工入库，结转其实际生产成本。

13、31日，结转本月已销甲产品的销售成本138 000元。

14、该企业该月的库存现金清查中，发现盘亏300元。经查明属于出纳员的保管责任。

15、结转本月损益类账户。其中“主营业务收入”为300 000元，“投资收益”为2 000元，

“主营业务成本”为138 000元，“管理费用”为11 0元，“销售费用”为1 000元，“财务费用”为2 500元，“营业外支出”为5 400元。

16、假设“本年利润”12月的期初余额为12 000元，按全年利润总额的33%计算应交的所得税并做相应的账务处理。

17、结转所得税入“本年利润”账户。

17、借：本年利润 51 334.80

贷：所得税费用51 334.80

18、将“本年利润”账户余额转入“利润分配”账户中。

19、按全年实现净利润的10%计算提取盈余公积金并做相应的账务处理。

19、借：利润分配－提取盈余公积金 10 422.52

贷：盈余公积 10 422.52

20、将“利润分配”其它明细账户转入“未分配利润”明细账户，并计算分配后的未分配利

润。

分配后的未分配利润 = 104 225.20 - 10 422.52 = 93 802.68

（二）某企业由于编制记账凭证或过账过程中存在某些错误，月底试算平衡表未能平衡。经

核查有关记录，发现有下列错误：

1、收回货款7 600元存入银行，记账凭证科目正确，但金额误记为6 700元。

2、以存款偿付前欠购货款5 200元。过账时，应付账款误记为贷方5 000元(记账凭证正确)。

要求：用恰当的错账更正法改正上述错误。（共6分，每小题3分）

（三）某企业采用实际成本进行材料日常核算。期末盘点存货时，查出价值30 000元的甲

材料发生毁损，其进项税额为5 100元。经调查后，认定该批材料的毁损与材料性能、仓库条件及保管员责任均有关系，按规定由保管员赔偿3 000元，价值500元的残料已入库。要求：请编制相应的会计分录。（共9分，每笔会计分录

答案及评分标准

一、判断题（共15分，每小题1分）

1、f 2、t3、t4、f5、f6、t 7、t 8、f

9、t 10、t 11、t 12、f 13、t 14、f 15、f

三、多项选择题（共15分，每小题1分。其中，如答对每小题一半以上的答案，则得0.5分。）

1、abd 2、acd 3、abc4、abc 5、abcd 6、abc 7、abcd

8、ac

9、bd 10、abc 11、abcd 12、abd 13、bcd 14、ab 15、abc

四、实务题（55分，评分标准详见试题）

（一）（共40分，每小题2分）

1、借：原材料—a材料38 000

应交税费－应交（进项税额） 6 460

贷：预付账款 44 460

2、借：银行存款 292 500

贷：主营业务收入－甲产品 250 000

应交税费—应交（销项税额）42 500

3、（1）借：库存现金30 000

贷：银行存款 30 000

（2）借：应付职工薪酬 30 000

贷：库存现金 30 000

4、借：管理费用 780

贷：银行存款780

5、借：制造费用8 100

管理费用3 200

贷：累计折旧 11 300

6、借：固定资产－车床 281 800

贷：应付账款281 800

7、借：生产成本—甲产品 12 000

—乙产品 8 000

【篇三：《会计学原理》英文版 考试复习练习(1-4章)】

on system that:

a. identifies business activities.

b. records business activities.

c. communicates business activities.

d. helps people make better decisions.

e. all of these.

2. creditors claims on the assets of a company are called:

a. net losses.

b. expenses.

c. revenues.

d. equity.

e. liabilities.

3. the excess of expenses over revenues for a period is:

a. net assets.

b. equity.

c. net loss.

d. net income.

e. a liability.

4. on june 30 of the current year, the assets and liabilities of phoenix phildell are as follows: cash $20,500; accounts receivable, $7,250; supplies, $650; equipment, $12,000; accounts payable, $9,300. what is the amount of owners equity as of july 1 of the current year?

b. $13,050

c. $20,500

d. $31,100

5. photometer company paid off $30,000 of its accounts payable in cash. what would be the effects of this transaction on the accounting equation?

a. assets, $30,000 increase; liabilities, no effect; equity, $30,000 increase.

b. assets, $30,000 decrease; liabilities, $30,000 decrease; equity, no effect.

c. assets, $30,000 decrease; liabilities, $30,000 increase; equity, no effect.

d. assets, no effect; liabilities, $30,000 decrease; equity, $30,000 increase.

e. assets, $30,000 decrease; liabilities, no effect; equity $30,000 decrease.

6. the financial statement that reports whether the business earned a profit and also lists the types and amounts of the revenues and expenses is called:

a. a balance sheet.

b. a statement of owners equity.

c. a statement of cash flows.

d. an income statement.

e. a statement of financial position.

7. a balance sheet lists:

a. the types and amounts of the revenues and expenses of a business.

b. only the information about what happened to equity during a time period.

c. the types and amounts of assets, liabilities, and equity of a business as of a specific date.

d. the inflows and outflows of cash during the period.

e. the assets and liabilities of a company but not the owners equity.

8. the financial statement that shows the beginning balance of owners equity; the changes in equity that resulted from new investments by the owner, net income (or net loss); withdrawals; and the ending balance, is the:

a. statement of financial position.

b. statement of cash flows.

c. balance sheet.

d. income statement.

e. statement of owners equity.

9. accounts payable appear on which of the following statements?

a. balance sheet.

b. income statement.

c. statement of owners equity.

d. statement of cash flows.

e. transaction statement.

10. a companys balance sheet shows: cash $22,000, accounts receivable $16,000, office equipment $50,000, and accounts payable $17,000. what is the amount of owners equity?

a. $17,000.

b. $29,000.

c. $71,000.

d. $88,000.

e. $105,000.

11. the accounting process begins with:

a. analysis of business transactions and source documents.

b. preparing financial statements and other reports.

c. summarizing the recorded effect of business transactions.

d. presentation of financial information to decision-makers.

e. preparation of the trial balance.

12. the account used to record the transfers of assets from a business to its owner is:

a. a revenue account.

b. the owners withdrawals account.

c. the owners capital account.

d. an expense account.

e. a liability account.

13. a written promise to pay a definite sum of money on a specified future date is a(n):

a. unearned revenue.

b. prepaid expense.

c. credit account.

d. note payable.

e. account receivable.

14. a ledger is:

a. a record containing increases and decreases in a specific asset, liability, equity, revenue, or expense item.

b. a journal in which transactions are first recorded.

c. a collection of documents that describe transactions and events entering the accounting process.

d. a list of all accounts with their debit balances at a point in time.

e. a record containing all accounts and their balances used by a company.

15. double-entry accounting is an accounting system:

a. that records each transaction twice.

b. that records the effects of transactions and other events in at least two accounts with equal debits and credits.

c. in which each transaction affects and is recorded in two or more accounts but that could include two debits and no credits.

d. that may only be used if t-accounts are used.

e. that insures that errors never occur.

16. rocky industries received its telephone bill in the amount of $300, and immediately paid it. rockys general journal entry to record this transaction will include a

a. debit to telephone expense for $300.

b. credit to accounts payable for $300.

c. debit to cash for $300.

d. credit to telephone expense for $300.

e. debit to accounts payable for $300.

17. management services, inc. provides services to clients. on may 1, a client prepaid

management services $60,000 for 6-months services in advance. management services general journal entry to record this transaction will include a

a. debit to unearned management fees for $60,000.

b. credit to management fees earned for $60,000.

c. credit to cash for $60,000.

d. credit to unearned management fees for $60,000.

e. debit to management fees earned for $60,000.

18. wisconsin rentals purchased office supplies on credit. the general journal entry made by wisconsin rentals will include a:

a. debit to accounts payable.

b. debit to accounts receivable.

c. credit to cash.

d. credit to accounts payable.

e. credit to wisconsin rentals, capital.

19. on september 30, the cash account of value company had a normal balance of $5,000. during september, the account was debited for a total of $12,200 and credited for a total of $11,500. what was the balance in the cash account at the beginning of september?

a. a $0 balance.

b. a $4,300 debit balance.

c. a $4,300 credit balance.

d. a $5,700 debit balance.

e. a $5,700 credit balance.

20. the following transactions occurred during july:

1. received $900 cash for services provided to a customer during july.

2. received $2,200 cash investment from barbara hanson, the owner of the business.

3. received $750 from a customer in partial payment of his account receivable which arose from sales in june.

4. provided services to a customer on credit, $375.

5. borrowed $6,000 from the bank by signing a promissory note.

6. received $1,250 cash from a customer for services to be rendered next year.

what was the amount of revenue for july?

a. $ 900.

b. $ 1,275.

c. $ 2,525.

d. $ 3,275.

e. $11,100.

21. at the beginning of january of the current year, thomas law centers ledger reflected a normal balance of $52,000 for accounts receivable. during january, the company collected $14,800 from customers on account and provided additional services to customers on account totaling $12,500. additionally, during january one customer paid thomas $5,000 for services to be provided in the future. at the end of january, the balance in the accounts receivable account should be:

a. $,700.

b. $49,700.

c. $2,300.

d. $,300.

e. $49,300.

22. during the month of march, cooley computer services made purchases on account totaling $43,500. also during the month of march, cooley was paid $8,000 by a customer for services to be provided in the future and paid $36,900 of cash on its accounts payable balance. if the balance in the accounts payable account at the beginning of march was $77,300, what is the balance in accounts payable at the end of march?

a. $83,900.

b. $91,900.

c. $6,600.

d. $75,900.

e. $4,900.

23. the time period principle assumes that an organizations activities can be divided into specific time periods including:

a. months.

b. quarters.

c. fiscal years.

d. calendar years.

e. all of these.