会计专业英语复习题答案.doc
《会计专业英语》复习题参考答案
Keys to Exercises
Lesson 1
Word and Term Study
1. e
2.d
3.a
4.c
5.b
Review Exercises & Problems
A.l.F 2. F 3.T 4.F 5.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。
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木。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 Study
1. d
2.c
3.e 4,b 5.f 6.a
Review Exercises& Problems
A.l.F 2.T 3.F 4.F 5.F
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 Study
1. c
2. e
3.d
4. b
5. a
Review Exercises &Problems
A. 1. d 2.b 3.c 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:
Account group Normal Balance
Assets Debit
Liabilities Credit
Owner's equity Credit
C.Case Problem
1. (1)
June 2 Asset account debited and Owner's equity account credited.
5 An asset account debited, another asset account credited.
7 An asset account debited, a liability account credited.
15 An asset account debited, an owner's 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 owner's equity account debited, an asset account credited.
(2)June 2 Debit Cash, increased; Credit O.Wilson 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, decreased
26 Debit Cash, increased; Credit Accounts Receivable, decreased
28 Debit Accounts Payable, decreased; Credit Cash, decreased
31 Debit O. Wilson, Drawings, increased(owner9s 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廿记账；(2) 一笔正确的Lli己账分录没有过账；(3) —笔口记账分录被两次过账；(4)在登记口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 document (or business document)
(5)journal; ledger accounts
Review Exercises &ProbIems
A. 1. c 2. a 3.c 4.b
B.l.CR 2. S 3. SR 4.CR 5. CP 6. G 7. CP 8. P 9.PR 10.P
C. __________________________________________________________________________
GENERAL JOURNAL JI
Debit Credit Date Account Titles and Explanation Ref.
Cash
Jan.l
$ 5,000 Jan.3
$675 5 1,005.5
4
700 17
175
13 250 15 75
20
350
Bal. 4,130.5
2009 Jan 1
Cash
P. Wheeler, Capital
5,000
5,000
Invested cash in business.
3
Prepaid Rent
Cash
Paid rent for 3 months on the shop space.
675
675
4
Repair Equipment
Cash
Purchased repair equipment for cash.
700
700
5
Cash
Service Revenue
Received cash for services performed.
1005.5
1005.5
7
Repair Equipment Accounts Payable
Purchased repair equipment on credit.
450
450
10
Accounts Receivable Service Revenue
Performed service for Fred Baca on credit.
175
175
13
Accounts Payable Cash
Paid for account owed to Comet.
250
250
15
Advertising Expense Cash
Paid for advertising service.
75
75
17
Cash
Accounts Receivable
Received account from Fred Baca
175
175
20
P. Wheeler, Drawings
Cash
Withdrew cash for personal use.
350
350
Repair Equipment
Jan.4
$700 7
450
(2)
Prepaid Rent
(2). June 30 Unearned Revenue Service Revenue 4 200
(c).
J. Smith Consulting Firm
Balance Sheet
(3). June 30 Interest Expense
Interest Payable
650
650
(4). $2 500-$1075 = $1 425
June 3() Supplies Expense
Supplies
1 425
1 425
(5). June 30 Insurance Expense
Prepaid Insurance
1 170
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 Study
1. owner's equity
2. statement of owner's equity 3? report, T-account 4. cash flow statement 5. interrelated
Review Exercises &Problems
A. l.F 2. F 3.T 4. F 5. T
B. (略)
C. Case Problem 1. (a), net income= $3,070
(b). _______________________________________________________________________
J ? Smith Consulting Firm
Income Statement
For the month ended April 30,2010
Service Revenue Expenses Rent Expense Advertising Expense Salaries Expense Utilities Expense Total Expenses Net Income
$6,700
$1,200 180 1,800 450
3,630 $3,070
April 30, 2010
Assets Liabilities
Cash $4 J 50 Accounts Payable $ 380 Accounts Receivable 4,200 Short-term Loan 3,000 Supplies 500 Total Liabilities 3,380 office furniture 180() Owner's Equity
J. Smith Capital 7,270 Total Assets $10,650 Total liabilities and owner's equity $10,650
Lesson 7
Word and Term Study
1. c
2. e
3. a
4. b
5. f
6. d
Review Exercises &Problems
B.
LT 2. F 3.F 4. F 5. F
c.
1.The ABC, Capital, Accounts Payable, Accounts Receivable, Accumulated Depreciation, Buildings, Cash, Prepaid Expense, Supplies, and Unearned Revenue accounts appear in a post-closing trial balance.
2.a?Closing entries:
Dec.31 Service Revenue 69,000
Income Summary 69,OCX)
31 Income Summary 37,900
Insurance Expense 2,600
Salaries Expense 18,30
Depreciation Expense 7,200
Utilities Expense 1,200
Rent Expense 8,600
31 Income Summary 31,100
Danny, Capital 31,100
31 Danny, Capital 5,500
Danny, Drawings 5,500
1,700
1,700
1,050
1,050
Equipment
Patent
26,000
26,000
Accounts Payable 30,700 30,700 Interest Payable 1,300 1,300 Salaries Payable 5,200
5,200 Danny, Capital
80,000
5,500
31,100 105,600
Danny, Drawings 5,500
5,500
Service Revenue
69,000
69,000
Insurance Expense 2,600 2,600 Salaries Expense 18,300 18,300 Depreciation Expense 7,200 7,200 Utilities Expense 1,200 1,200
Rent Expense 8,600
8,600
Income Summary
37,900 69,000
31,100
Total
224.800 224.800
143,500 143,500 181.400 181.400
4. sales returns and allowances
5. Gross profit
Review Exercises & Problems A. l.F 2.T
3.T
4.T
5. F
C. Remon (seller):
Sept. 4 Accounts Receivable 一Dakota.
Sales Cost of Goods Sold
Inventory
5 No entry
8 Accounts Receivable ——Dakota
1,200
Sales Cost of Goods Sold
850
1,200
9 Freight-out (or Delivery Expenses)
50
Cash 15 Sales Returns and Allowances
Accounts Receivable —Dakota
200
Inventory
Cost of Goods Sold
140
19 Cash
Accounts Receivable —Dakota
1,000
22 Accounts Receivable 一Dakota
Sales 2,500
Cost of Goods Sold
Inventory
1,650
Freight-out (or Delivery Expenses)
Cash
90
30 Cash 2,450
Inventory
Sales Discounts
50*
Accounts Receivable —Dakota
Sept. 4
Inventory
1,700
Accounts Payable 一Remon
5 Freight-in
Cash 40
8 Inventory
Accounts Payable Remon
1,200
9 No entry.
15 Accounts Payable 一Remon Inventory
200
19 Accounts Payalbe —Remon
Cash 1,000
22 Inventory
Accounts Payable 一Remon 2,500
30
Accounts Payable 一Remon
2,500
*2% X $2,500 =$50 Dakota( buyer): Cash
Discount Received
850
50
200
140
1,000
2,500
1,650
90
2,500
1,700
40
1,200
200
1,000
2,500
2,450
50
Lesson 9
Word and Term Study
1. policies procedures
2. Dividing responsibility （or Segregating duties ）
3. accuracy reliability
4. regular independent
5. guarantees
Review Exercises A. l.T 2.F 3.T
4.F
5.F
B. （略）
C. Translation
技术进步使电了商务得到发展。大多数公司有一些电了商务交易。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佐收入假账的产生，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
D.参考译文
Word and Term Study
1. bills coins
2. P etty cash
3. bank reconciliation 4 bank statement 5.cash over and short
Review Exercises& Problems
A. l.F 2.T 3.T
4.F
B. (略)
C. (l)
5.F
Gates Company Bank
Reconciliation
July 31, 2010
Balance per bank statement
$3000 Balance per book
$2600 Add: deposit of July 31, not yet Add: Note collected by bank,
credited by the bank
$100 plus interest $408
$3100
$3008
Deduct: outstanding check
Deduct:
No.607
$520
NSF check
428
Adjusted bank balance
$2580 Adjusted book balance
$2580
⑵ Jul. 31 Cash 一Checking
408
Notes Receivable
400
Interest Revenue
8
JuL31 Accounts Receivable
428
Cash 一Checking
428
现金收入的内部控制确保了所有现金收入的妥善记录和存入银行。许多业务活动产生了 现金收入，包括现金销货，客户账款的收回，利息和租金收入，银行借款，资产出售，和业 主投资。为了防止偷窃和滥用现金，从收到现款时起到现金存入银行的各个环节，公司都必
须对其进行控制，这类程序称为预防性控制。发现偷窃或滥用现金的程序称为侦查性控制
Lesson 11
Word and Term Study
e
8. g
1. d
2. c
3. b
4.f
5.h
6. a
7.
Review Exercises & Problems B. I T 2. F 3. F 4.T 5.T 6.T
C.
l.Dec.31,2008
Bad Debts Expense
5,300
Allowance for Doubtful Accounts 5,300
Dec.31,2009
Bad Debts Expense
6,180
Allowance for Doubtful Accounts 6,180 2. a. Dec.31,2008
Bad Debts Expense
3,940
Allowance for Doubtful Accounts 3,940
b.May 17, 2009 Accounts Receivable
50,000
Sales
50,000
c. June 8 Allowance for Doubtful Accounts 3,00()
Accounts Receivable 3,000
d. July 2
Cash
27,000
Accounts Receivable 27,000
e.Dec. 31
Bad Debts Expense
3,100
Allowance for Doubtful Accounts 3,100
f. Jan. 12, 2010
Account Receivable
3,000
Allowance for Doubtful Accounts 3,000 Cash
3,000
Accounts Receivable
3,000
Lesson 12
Word and Term Study
1. finished goods
2. FIFO (or first-in, first-out)
3. specific identification
4. consistency principle
5. cost market value
Review Exercises & Problems
A. LT 2.F 3.F
4.T
5. F
B.
4. (1) Units of ending inventory = Units available for sale -Units sold =30-17=13
Cost of the ending inventory : 8 units@$24 ... $192
5 units@$19 (95)
$287
(2)There are 13 units of ending inventory.
Cost of the ending inventory: 10 units@$20 = $200
3units@$19= 57
$257
(3)Total cost of goods available for sale =10X $20+ 12X$19 +8x$24=$620
Weighted average unit cost = $6204-30 = $ 20.67
Cost of the ending inventory: 13 units @20.67 = S268.71
B.参考译文：
永续盘存制比定期肃存制能够对存货更好地进行控制。在永续盘存制下，存货账面记录反映了库存存货的应有数量，因此管理人员随时可以对存货进行描点以核对库存存货数额是否与存货记录相符。所发现的任何盘亏存货都可以立即接受调查。尽管永续盘存制需要更多的记账和控制工作及较高的存货记荥成本，但利用计算机信息系统能够将此类成本降到最低。
Lesson 13
Word and Term Study
1.f
2. c
3. e
4. a
5. b
6. d
Review Exercises & Problems
B. 1. c 2. d 3. a 4. b 5. c
C.
1.(1) a. Straight-line method: lst-5th year: $8,400
b.Sum-of-the-years,-digits method
1st year: $14,000 2nd year: $11,200 3rd year: $8,400 4th year: $5,600
5th year: $2,800
c.Double-declining-balance method
1st year: $17,600 2nd year: $10,560 3rd year: $6,336 4th year: $3,801.6
5th year: $3,702.4
(2)$6,300
(3)Accumulated depreciation=l 7,600+10,560=$28,l 60
Net book value=44,000-28,160=$ 15,840
2.(1)2010: $14,400
2011: $12,000
2012: $13,200
(2) Accumulated Depreciation at May 1,2012= 14,400+12,000+13,20() X 44-12=$30,800
Net book value at May 1, 2012=77,000-30,800=$46,200
Loss on disposal=46,200-45,000=$ 1,200
The journal entry to record the disposal:
Cash 45,000
Loss on Disposal 1,200
Accumulated Depreciation 30,800
Truck 77,000
Lesson 14
Word and Term Study
1.Current liabilities
2.accrued expense
3.face value (or principal value)
4.Discount on Notes Payable
5.Interest expense
6.probable; reasonably estimated
Review Exercises &Problems
B. LT 2.F 3.T 4.T 5.F
C. Case Problems
1. a. August 8 b. $56
2.5
c. $5,100
2. 2009
Oct. 17 Cash 28,000
Unearned Revenue 28,000 Nov.l Cash 43,650
Discount on Notes Payable 1,350
Notes Payable 45,000 Dec. 1 Accounts Payable 21,000
Notes Payable 21,000 Dec. 4 Unearned Revenue 16,000
Service Revenue 16,000
Dec.
31 Interest Expense 675 Discount on Notes Payable 675 Interest Expense 175 Interest Payable 175
Jan. 30 Notes Payable 21,000
Interest Expense 175
Interest Payable 175
Cash 21350
Mar. 1 Notes Payable 45,000
Interest Expense 675
Cash 45,000
Discount on Notes Payable 675
C.参考译文：
假如客户做了某笔付款而企业并没有发出货物或提供相应的劳务，那么会计人员就要把这笔现金收款作为负债处理，记入预收账款。当客户的订单金额巨大或要求特殊时，企业一?般会要求对方就订单预付一定现金，这样预收就会产生。另一种常见的情况是客户被要求交纳一定的保证金，比如不动产租赁时，出租企业一般会预收一个月的租金作为财产损失的保证金。
Lesson 15
Word and Term Study
A. 1. d 2. b 3. a 4. e
5.c
B.
1. discount
2. decrease
3. carrying value / book value
4. effective interest
5. over Review Exercises & Problems B.
l.T 2.T 3.F
C. Case Problem
a. Jan. 1,2010 Cash Premium on Bonds Payable Bonds Payable
4.T
5. F
108,530
8,530 100,000
b. $4,000
c. $31,470
d. Under straight-line method: Jun. 30,2010 Interest Expense Premium on bonds payable Cash Under effective interest method: Jun. 30,2010 Interest Expense Premium on bonds payable Cash
3,147 853
3,256 744
4,000
4,000
Lesson 16
Word and Term Study
1. d
2. c
3. e
4. a
5.b Review Exercises& Problems A. l.T B.
4. 2009 July 2 2.F 3.T 4. F
5. F Cash Common Stock at Par Additional Paid-in Capital 3,000,000
2,000,000 1,000,00()
July 4 Building Inventory
Common Stock at Par Additional Paid-in Capital
950 000 620 000
1 000 000 570 000
July 5 Cash
975 000
Preferred Stock at Par Additional Paid-in Capital
750 000 225 000
6 160 000
6 160 000
480 000
1 100 000
1 580 000 Feb. 1,2010 Stock Dividends Distributable 6 160 000 6 160 000
5.Dec. 31, 2009 Treasury Stock一Common Stock 5 100 000
Cash 5 100 000
(4 400 OOOshares of common stock were outstanding after this transaction)
Entries for transactions on January 5,2010:
Jan. 5,2010 Cash Dividends Declared 1 580 000
Dividends Payable一Preferred Stock 480 000
Dividends Payable一Common Stock 1 100 000
Jan. 5,2010 Stock Dividends Declared
Common Stock Dividend Distributable
Journal entry on February 1, 2010:
Feb. 1, 2() 10 Dividends Payable—Preferred Stock Dividends Payable― ommon Stock Cash
Common Stock
C.参考译文：
股份公司通过从政府获颁章程而成立。公司章程申请书通常必须由称为公司创办人的发起人股东签署，然后避交给有权限的政府官员。当公司设立的申请手续完成、注册费支付以后，政府将下发公司章程，公司成立。然后公司的投资者就购买公司股份，召开股东会议, 选举董事会。董事会负责监管公司的事务。
Lesson 17
Word and Term Study
1.principal operations
2.long-term investments
3.liabilities, stockholders' equity
4.financing activities.
5.unqualified opinion
Review Exercises& Problems
A.l.T 2.F 3. F 4.F 5.T
B.
5.(l).g (2). d (3). e (4). e (5). c (6). a (7).e (8).f (9). a (10). a (ll).e (12).a (13).g (14).c (15). a (16).a (17).f (18).e
6.(a) wholly a long-term liability.
(b)$20 000 of the mortgage is current liability, $180 000 of it is long-term liability.
(c)wholly a current liability.
(d)wholly a current liability.
B.参考译文：
上市公司是通过年度报告的形式公布其财务报表和其他补充信息的。年度报告是登载关于公司的有用的财务和非财务信息的文件。
年报中的非财务信息可能包括管理层对公司使命、宗旨、目标、市场地位的描述，以及公司主要管理人员的介绍。财务信息除了比较财务报表外，还可能包括对当期经营活动的 |口|顾和重要历史财务数据和指标的列示。上市公司编制的财务报表通常要经过审计，并附上审计师的审计报告。财务报表的附件还包括管理当局对财务报表的责任声明。
Lesson 18
Word and Term Study
1.horizontal analysis
2.Ratio analysis
3.current liabilities
4.Solvency
5.times interest earned ratio
6.return on assets
Review Exercises& Problems
A.l.F 2.T 3.T 4.T 5.F
B. 4. profit margin=54 600/780 000 = 7%
C.
1.(1) inventory turnover ratio=l 200000/400000=3
Average days in inventory =365 days/3 =122 days
(2) Receivables turnover=2,()00,0()0 /5(X),000 = 4
Average collection period = 365 days/4 = 91 days
2.(a)Times interest earned = 4.33
(b)Earnings per share = $1.2
(c)Price-earnings ratio = 22.5
会计专业英语期末试题)
期期末测试题 Ⅰ、Translate The Following Terms Into Chinese . 1. entity concept 主题概念 2.depreciation折旧 3. double entry system 4.inventories 5. stable monetary unit 6.opening balance 7.current asset 8.financial report 9.prepaid expense 10.internal control 11.cash flow statement 12.cash basis 13.tangible fixed asset 14.managerial accounting 15. current liability 16.internal control 17.sales return and allowance 18.financial position 19.balance sheet 20.direct write-off method Ⅱ、Translate The Following Sentences Into Chinese . 1. Accounting is often described as an information system. It is the system that measures business activities, processes into reports and communicates these findings to decision makers. 2. The primary users of financial information are investors and creditors. Secondary users include the public, government regulatory agencies, employees, customers, suppliers, industry groups, labor unions, other companies, and academic researchers. 3. There are two sources of assets. One is liabilities and the other is owner’s equity. Liabilities are obligations of an entity arising from past transactions or events, the settlement of which may result in the transfer or use of assets or services in the future. 资产有两个来源，一个是负债，另一个是所有者权益。负债是由过去的交易或事件产生的实体的义务，其结算可能导致未来资产或服务的转让或使用。 4. Accounting elements are basic classification of accounting practices. They are essential units to present the financial position and operating result of an entity. In China, we have six groups of accounting elements. They are assets, liabilities, 可复制、编制，期待你的好评与关注！
会计专业英语模拟试题及答案
《会计专业英语》模拟试题及答案 一、单选题（每题1分，共20分） 1. Which of the following statements about accounting concepts or assumptions are correct? 1）The money measurement assumption is that items in accounts are initially measured at their historical cost. 2）In order to achieve comparability it may sometimes be necessary to override the prudence concept. 3）To facilitate comparisons between different entities it is helpful if accounting policies and changes in them are disclosed. 4）To comply with the law, the legal form of a transaction must always be reflected in financial statements. A 1 and 3 B 1 and 4 C 3 only D 2 and 3 Johnny had receivables of $5 500 at the start of 2010. During the year to 31 Dec 2010 he makes credit sales of $55 000 and receives cash of $46 500 from credit customers. What is the balance on the accounts receivables at 31 Dec 2010? $8 500 Dr $8 500 Cr $14 000 Dr $14 000 Cr Should dividends paid appear on the face of a company’s cash flow statement? Yes No Not sure Either Which of the following inventory valuation methods is likely to lead to the highest figure for closing inventory at a time when prices are dropping? Weighted Average cost First in first out (FIFO) Last in first out (LIFO) Unit cost 5. Which of following items may appear as non-current assets in a company’s the statement of financial position? (1) plant, equipment, and property (2) company car (3) €4000 cash (4) €1000 cheque A. (1), (3) B. (1), (2) C. (2), (3)
会计专业专业术语中英文对照
会计专业专业术语中英文对照 一、会计与会计理论 会计 accounting 决策人 Decision Maker 投资人 Investor 股东 Shareholder 债权人 Creditor 财务会计 Financial Accounting 管理会计 Management Accounting 成本会计 Cost Accounting 私业会计 Private Accounting 公众会计 Public Accounting 注册会计师 CPA Certified Public Accountant 国际会计准则委员会 IASC 美国注册会计师协会 AICPA 财务会计准则委员会 FASB 管理会计协会 IMA 美国会计学会 AAA 税务稽核署 IRS 独资企业 Proprietorship 合伙人企业 Partnership 公司 Corporation
会计目标 Accounting Objectives 会计假设 Accounting Assumptions 会计要素 Accounting Elements 会计原则 Accounting Principles 会计实务过程 Accounting Procedures 财务报表 Financial Statements 财务分析Financial Analysis 会计主体假设 Separate-entity Assumption 货币计量假设 Unit-of-measure Assumption 持续经营假设 Continuity(Going-concern) Assumption 会计分期假设 Time-period Assumption 资产 Asset 负债 Liability 业主权益 Owner's Equity 收入 Revenue 费用 Expense 收益 Income 亏损 Loss 历史成本原则 Cost Principle 收入实现原则 Revenue Principle 配比原则 Matching Principle
《财会专业英语》期末试卷及答案
《财会专业英语》期终试卷 I.Put the following into corresponding groups. (15 points) 1.Cash on hand 2.Notes receivable 3.Advances to suppliers 4. Other receivables 5.Short-term loans 6.Intangible assets 7.Cost of production 8.Current year profit 9. Capital reserve 10.Long-term loans 11.Other payables 12. Con-operating expenses 13.Financial expenses 14.Cost of sale 15. Accrued payroll II.Please find the best answers to the following questions. (25 Points) 1. Aftin Co. performs services on account when Aftin collects the account receivable A.assets increase B.assets do not change C.owner’s equity d ecreases D.liabilities decrease 2. A balance sheet report . A. the assets, liabilities, and owner’s equity on a particular date B. the change in the owner’s capital during the period C. the cash receipt and cash payment during the period D. the difference between revenues and expenses during the period 3. The following information about the assets and liabilities at the end of 20 x 1 and 20 x 2 is given below: 20 x 1 20 x 2 Assets $ 75,000 $ 90,000 Liabilities 36,000 45,000 how much the owner’sequity at the end of 20 x 2 ? A.$ 4,500 B.$ 6,000 C.$ 45,000 D.$ 43,000
会计专业英语重点1
Unit 1 Financial information about a business is needed by many outsiders .These outsiders include owners, bankers, other creditors, potential investors, labor unions, government agencies ,and the public ,because all these groups have supplied money to the business or have some other interest in the business that will be served by information about its financial position and operating results. 许多企业外部的人士需要有关企业的财务信息，这些外部人员包括所有者、银行家、其他债权人、潜在投资者、工会、政府机构和公众，因为这些群体对企业投入了资金，或享有某些利益，所以必须得到企业财务状况和经营成果信息。 Unit 2 Each proprietorship, partnership, and corporation is a separate entity. 每一独资企业、合伙企业和股份公司都是一个单独的主体。 In accrual accounting, the impact of events on assets and equities is recognized on the accounting records in the time periods when services are rendered or utilized instead of when cash is received or disbursed. That is revenue is recognized as it is earned, and expenses are recognized as they are incurred –not when cash changes hands .if the cash basis accounting were used instead of the accrual basis, revenue and expense recognition would depend solely on the timing of various cash receipts and disbursements. 在权责发生制下，视服务的提供而非现金的收付在本期对资产和权益的影响作出会计记录。即，收入是在赚取时确认，费用是在发生时确认——而不是在现金转手时。如果现金收付制替代权责发生制，那么收入和费用仅仅依靠各种现金收付活动的时间确定来确认。 Unit 3 During each accounting year ,a sequence of accounting procedures called the accounting cycle is completed. 在每一会计年度内，要依次完成被称为会计循环的会计程序。 Transactions are analyzed on the basis of the business documents known as source documents and are recorded in either the general journal or the special journal, i. e . the sales journal ,the purchases journal (invoice register ) ,cash receipts journal and cash disbursements journal . 根据业务凭证即原始凭证分析各项交易，并记入普通日记账或特种日记账，也就是销货日记账，购货日记账（发票登记簿），现金收入日记账和现金支出日记账。 A trial balance is prepared from the account balance in the ledger to prove the equality of debits and credits. 根据分类账户的余额编制试算平衡表，借以验证借项和贷项是否相等。 A T-account has a left-hand side and a right-hand side, called respectively the debit side and credit side. 一个T 型账户有左方和右方，分别称做借方和贷方。 After transactions are entered ,account balance (the difference between the sum of its debits and the sum of its credits ) can be computed.
会计专业英语期末考试练习卷(new)
会计专业英语期末考试练习卷(new)
1. The economic resources of a business are called : B A. Owner ’s Equity B. Assets C. Accounting equation D. Liabilities 2. DTK Company has a $3500 accounts receivable from GRS Company. On January 20, GRS Company makes a partial payment of $210 0 to DTK Company. The journal entry made on January 20 by DTK Company to record this transaction includes: D A. A debit to the cash receivable account of $2100. B. A credit to the accounts receivable account of $2100. C. A debit to the cash account of $1400. D. A debit to the accounts receivable account of $1400. 3. In general terms, financial assets appear in the balance sheet at: A A. Face value. 账面价值 B. Current value. 现值 C. Market value. 市场价值 D. Estimated future sales value. 4. Each of the following measures strengthens intern al control over cash receipts except : D A. The use of a voucher system. B. Preparation of a daily listing of all checks received through the mail. C. The deposit of cash receipts intact in the bank on a daily basis. D. The use of cash registers. 5. Which of the following items is the greatest in dollar amount? D A. Beginning inventory B. Cost of goods sold. C. Cost of goods available for sale D. Ending inventory 6. Why do companies prefer the LIFO inventory 后进先出法method during a period of rising prices? B A. Higher reported income B. Lower income taxes C. Lower reported income D. Higher ending inventory 7. Which of the following characteristics would prevent an item from being included in the classification of plant and equipment? D A. Intangible
会计专业英语翻译
. 1. Accounting first is an economic calculation. Economic calculation includes both static phenomenon on the economy's stock of the situation, including the situation of the period of dynamic flow, including both pre-calculated plan, but also after the actual calculation. Accounting is a typical example of economic calculation, calculation of economic calculation in addition to accounting, which includes statistical computing and business computing. 2. Accounting is an economic information systems. It would be a company dispersed into the business activities of a group of objective data, providing the company's performance, problems, and enterprise funds, labor, ownership, income, costs, profits， debt, and other information. Clearly, the accounting is to provide financial information-based economy information systems, business is the licensing of a points, thus accounting has been called "corporate language." 3. Accounting is an economic management.The accounting is social production develops to a certain stage of the product development and production is to meet the needs of the management, especially with the development of the commodity economy and the emergence of competition in the market through demand management on the economy activities strict control and supervision. At the same time, the content and form of accounting constantly improve and change, from a purely accounting, scores, mainly for accounting operations, external submit accounting statements, as in prior operating forecasts, decision-making, on the matter of economic activities control and supervision, in hindsight, check. Clearly, accounting whether past, present or future, it is people's economic management activities.
会计英语试题及答案
精品文档 会计英语试题及答案 会计专业英语是会计专业人员职业发展的必要工具。学 习会计专业英语就是学习如何借助英语解决与完成会计实务中涉外的专业性问题和任务。以下为你收集了会计英语练习题及答案，希望给你带来一些参考的作用。 一、单选题 1. Which of the following statements about accounting concepts or assumptions are correct? 1) The money measurement assumption is that items in accounts are initially measured at their historical cost. 2) In order to achieve comparability it may sometimes be necessary to override the prudence concept. 3) To facilitate comparisons between different entities it is helpful if accounting policies and changes in them are disclosed. 4) To comply with the law, the legal form of a transaction must always be reflected in financial statements. A 1 and 3 B 1 and 4 C 3 only D 2 and 3 2. Johnny had receivables of $5 500 at the start of 2010. During the year to 31 Dec 2010 he makes credit sales of $55 000 and receives cash of $46 500 from credit 2016 全新精品资料-全新公文范文-全程指导写作–独家
会计学专业会计英语试题
一、words and phrases 1.残值 scrip value 2.分期付款 installment 3.concern 企业 4.reversing entry 转回分录 5.找零 change 6.报销 turn over 7.past due 过期 8.inflation 通货膨胀 9.on account 赊账 10.miscellaneous expense 其他费用 11.charge 收费 12.汇票 draft 13.权益 equity 14.accrual basis 应计制15.retained earnings 留存收益 16.trad-in 易新，以旧换新 17.in transit 在途 18.collection 托收款项 19.资产 asset 20.proceeds 现值 21.报销 turn over 22.dishonor 拒付 23.utility expenses 水电费 24.outlay 花费 25.IOU 欠条 26.Going-concern concept 持续经营 27.运费 freight 二、Multiple-choice question 1.Which of the following does not describe accounting? ( C ) A. Language of business B. Useful ofr decision making C. Is an end rathe than a means to an end. https://www.360docs.net/doc/a97472553.html,ed by business, government, nonprofit organizations, and individuals. 2.An objective of financial reporting is to ( B ) A. Assess the adequacy of internal control. B.Provide information useful for investor decisions. C.Evaluate management results compared with standards. D.Provide information on compliance with established procedures. 3.Which of the following statements is(are) correct?( B ) A.Accumulated depreciation represents a cash fund being accumulated for the replacement of plant assets. B.A company may use different depreciation methods in its financial statements and its income tax return. C.The cost of a machine includes the cost of repairing damage to the machine during the installation process. D.The use of an accelerated depreciation method causes an asset to wear out more quickly than does use of the unit-of-product method. 4. Which of the following is(are) correct about a company’s balance sheet? ( B ) A.It displays sources and uses of cash for the period. B.It is an expansion of the basic accounting equation C.It is not sometimes referred to as a statement of financial position. D.It is unnecessary if both an income statement and statement of cash flows are availabe. 5.Objectives of financial reporting to external investors and creditors include preparing information about all of the following except. ( A ) https://www.360docs.net/doc/a97472553.html,rmation used to determine which products to poduce https://www.360docs.net/doc/a97472553.html,rmation about economic resources, claims to those resources, and changes in both resources and claims. https://www.360docs.net/doc/a97472553.html,rmation that is useful in assessing the amount, timing, and uncertainty of future cash flows. https://www.360docs.net/doc/a97472553.html,rmation that is useful in making ivestment and credit decisions. 6.Each of the following measures strengthens internal control over cash receipts except. ( C ) A.The use of a petty cash fund. B.Preparation of a daily listing of all checks received through the mail. C.The use of cash registers. D.The deposit of cash receipts in the bank on a daily basis. 7.The primary purpose for using an inventory flow assumption is to. ( A )
会计专业英语
会计专业英语 business 企业商业业务 financial risk 财务风险 sole proprietorship 私人业主制企业 partnership 合伙制企业 limited partner 有限责任合伙人 general partner 一般合伙人 separation of ownership and control 所有权与经营权分离 claim 要求主张要求权 management buyout 管理层收 tender offer 要约收购 financial standards 财务准则 initial public offering 首次公开发行股票 private corporation 私募公司未上市公司 closely held corporation 控股公司 board of directors 董事会 executove director 执行董事 non- executove director 非执行董事chairperson 主席 controller 主计长 treasurer 司库 revenue 收入 profit 利润 earnings per share 每股盈余 return 回报 market share 市场份额 social good 社会福利 financial distress 财务困境 stakeholder theory 利益相关者理论 value (wealth) maximization 价值（财富）最大化 common stockholder 普通股股东preferred stockholder 优先股股东 debt holder 债权人 well-being 福利diversity 多样化 going concern 持续的 agency problem 代理问题 free-riding problem 搭便车问题 information asymmetry 信息不对称 retail investor 散户投资者 institutional investor 机构投资者 agency relationship 代理关系 net present value 净现值 creative accounting 创造性会计 stock option 股票期权 agency cost 代理成本bonding cost 契约成本 monitoring costs 监督成本 takeover 接管corporate annual reports 公司年报 balance sheet 资产负债表 income statement 利润表 statement of cash flows 现金流量表 statement of retained earnings 留存收益表 fair market value 公允市场价值marketable securities 油价证券 check 支票 money order 拨款但、汇款单withdrawal 提款 accounts receivable 应收账 credit sale 赊销inventory 存货 property,plant,and equipment 土地、厂房与设备depreciation 折旧 accumulated depreciation 累计折旧
考研会计专业英语试题
考研会计专业英语试题 1.Give a brief explanation for the following terms(10%） (1)Journal entry (2)Going concern (3)Matching principle (4)Working capital (5)Revenue expenditure 2.Please read the following passage carefully and fill in each of the 11 blanks with a word most appropriate to the content (10%） (1)The double-entry system of accounting takes its name from the fact that every business transaction is recorded by (____)types of entries： 1： (_____)entries to one or more accounts and 2credit entries to one or more accounts. In recording any transaction,the total dollar amount of the (______)entries must (_____)the total dollar amount of credit entries. (2)Often a transaction affects revenues or expenses of two or more different periods,in these cases，an (_____)entries are needed to (_____)to each period the appropriate amounts of revenues and expenses. These entries are performed at the (_____)of each accounting period but (_____)to preparing the financial statements. (3)Marketable securities are highly (_____)investments,primarily in share stocks and bounds，(____)can be sold (_____)quoted market prices in organized securities exchanges. 3.Translate the following Chinese statements into English (18%） (1)财务报表反映一个企业的财务状况和经营成果，是根据公认会计准则编制的。这些报表是为许多不同的决策者，许多不同的目的而提供的。 纳税申报单则反映应税收益的计算，是由税法和税则规定的概念。在许多情况下，税法和公认会计准则相似，但两者却存在实质上的不同。 (2)审计师不保证财务报表的准确性，他们仅就财务报表的公允性发表专家意见。然而注册会计师事务所的声誉来自于他们对审计工作的一丝不苟和审计报告的可靠性。
会计专业英语模拟题(开卷)
《会计专业英语》模拟题（补） 1．Complete the translation between Chinese and English: （1）salvage value （2）depreciation （3）ratio analysis （4）所有者权益 （5）fiscal year （6）uncollectible accounts （7）double entry system （8）petty cash （9）流动资产 （10）gross profit （11）first in first out （12）资产负债表 （13）common-size analysis （14）corporations （15）经济业务 （16）short-term debt-paying ability 2．Label the following accounts as asset (A), liability (L), owner’s equity (OE), revenues (R) or expense (E) （1）Office Supplies （2）Professional Fees （3）Prepaid Insurance （4）Salary expense （5）Accounts Payable （6）Service Income （7）R. L. Osborn, Capital （8）Rent Expense （9）Accounts Receivable （10）Notes payable 3. Answer the question related to the topic of the conversation W h y I s n’t T h e A c c o u n t i n g A M i r r o r o f W h a t H a p p e n e d? J o h n:L e a n n e,c a n y o u e x p l a i n w h a t’s g o i n g o n h e r e w i t h t h e s e m o n t h l y s t a t e m e n t s? L e a n n e:S u r e,J o h n.H o w c a n I h e l p y o u? J o h n:I d o n’t u n d e r s t a n d t h i s l a s t–i n,f i r s t–o u t i n v e n t o r y p r o c e d u r e.I t j u s t d o e s n’t m a k e s e n s e. L e a n n e:W e l l,w h a t i t m e a n s i s t h a t w e a s s u m e t h a t t h e l a s t g o o d s w e r e c e i v e a r e t h e f i r s t o n e s s o l d.S o t h e i n v e n t o r y i s m a d e u p o f t h e i t e m s w e p u r c h a s e d f i r s t. John: Yes, but that’s my problem. It doesn’t work that way! We always distribute the oldest produce first. Some o f that produce is perishable! We can’t keep any of it very long or it’ll spoil. L e a n n e:J o h n,y o u d o n’t u n d e r s t a n d.W e o n l y a s s u m e t h a t t h e p r o d u c t s w e d i s t r i b u t e a r e t h e l a s t o n e s r e c e i v e d.W e d o n’t a c t u a l l y h a v e t o d i s t r i b u t e t h e g o o d s i n t h i s w a y. J o h n:I a l w a y s t h o u g h t t h a t a c c o u n t i n g w a s s u p p o s e d t o s h o w w h a t r e a l l y h a p p e n e d.I t a l l s o u n d s l i k e“m a k e b e l i e v e”t o m e!W h y n o t r e p o r t w h a t r e a l l y h a p p e n s? Q u e s t i o n: