英文版基础会计学共32页
基础会计学英文版参考资料
Cash Basis
Revenues are recognized when earned and expenses are recognized when incurred.
Revenues are recognized when cash is received and expenses are recorded when cash is paid.
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Prepaid (Deferred) Expenses
Resources paid for prior to
receiving the actual benefits.
Here is the check for my 24-month insurance policy.
Summary of Expenses
Rent Gasoline Advertising Salaries Utilities and . . . .
$1,000 500
2,000 3,000
450 ....
Now that we have recognized the revenue, let's see what expenses
artificial time periods
Revenue-Recognition Principle
Revenue recognized in the accounting period in
which it is earned
Matching Principle
Expenses matched with revenues in the same period when efforts are
会计学课件(英文版)1
How Much Cash Should a Business Have?
Financial Assets
Cash
Receivables
Short-term Investments
Irwin/McGraw-Hill
?The McGraw-Hill Companies, Inc., 1999
All reconciling items on the book side require an adjusting entry to the cash account.
Irwin/McGraw-Hill
Balance per Depositor
+ Deposits by Bank (credit memos) - Service Charge - NSF Checks
Cash Over and Short is debited for shortages and credited for overages.
Irwin/McGraw-Hill
?The McGraw-Hill Companies, Inc., 1999
Bank Statements
Shows the beginning bank balance, deposits made, checks paid, other debits and credits in the month, and the ending bank balance.
Estimated collectible amount
Irwin/McGraw-Hill
?The McGraw-Hill Companies, Inc., 1999
基础会计(英文版)(第二版)Chapter09 Financial Statements and Closing Entries for a Merchandising Sole
during a fiscal year.
Merchandise inventory turnover = Cost of goods sold Average merchandise inventory
Average merchandise inventory =Beginning inventory + Ending inventory 2
- Purchases Discounts
Cost of Goods Sold = 200 000 + (357 000 - 5 700 - 3 300) - 250 000
= 298 000 yuan
3) the operating expenses section
The operating expenses are those regular expenses involved in doing business. They may be subdivided into a number of different categories, such as selling expenses, and general and administrative expenses, etc.
The Classified Income Statement
The classified income statement for Guangli Furniture Store consists of three basic classifications:
1) the revenue from sales section; 2) the cost of goods sold section; 3) the operating expenses section.
会计学英文版ppt课件
accounts within the chart of accounts are numbered for use
as references.
Balance Sheet Accounts
accounts.
Prepare an unadjusted trial
balance and explain how it can be used to discover errors.
Using Accounts to Record Transactions
As a result,accounting systems are designed to show the increases and decreases in each accounting equation element as a separate record.This record is
accounts.
Describe and illustrate
journalizing transaction using the double-entry
accounting system.
Describe and illustrate the journalizing and
posting of transactions to
Examples ——wages expense, rent expense, utilities expense, supplies expense, and miscellaneous expense.
A chart of accounts should meet the needs of a company’s
会计科目英文版
资产类Assets流动资产Current assets货币资金Cash and cash equivalents现金Cash银行存款Cash in bank其他货币资金Other cash and cash equivalents外埠存款Other city Cash in bank银行本票Cashier''s cheque银行汇票Bank draft信用卡Credit card信用证保证金L/C Guarantee deposits 存出投资款Refundable deposits短期投资Short-term investments股票Short-term investments - stock 债券Short-term investments - corporate bonds基金Short-term investments - corporate funds其他Short-term investments - other 短期投资跌价准备Short-term investments falling price reserves应收款Account receivable应收票据Note receivable 银行承兑汇票Bank acceptance商业承兑汇票Trade acceptance应收股利Dividend receivable应收利息Interest receivable应收账款Account receivable其他应收款Other notes receivable坏账准备Bad debt reserves预付账款Advance money应收补贴款Cover deficit by state subsidies of receivable库存资产Inventories物资采购Supplies purchasing原材料Raw materials包装物Wrappage低值易耗品Low-value consumption goods材料成本差异Materials cost variance 自制半成品Semi-Finished goods库存商品Finished goods商品进销差价Differences between purchasing and selling price委托加工物资Work in process - outsourced委托代销商品Trust to and sell the goods on a commission basis受托代销商品Commissioned and sell the goods on a commission basis存货跌价准备Inventory falling price reserves分期收款发出商品Collect money and send out the goods by stages待摊费用Deferred and prepaid expenses长期投资Long-term investment长期股权投资Long-term investment on stocks股票投资Investment on stocks其他股权投资Other investment on stocks长期债权投资Long-term investment on bonds债券投资Investment on bonds其他债权投资Other investment on bonds长期投资减值准备Long-term investments depreciation reserves股权投资减值准备Stock rights investment depreciation reserves债权投资减值准备Bcreditor''s rights investment depreciation reserves委托贷款Entrust loans本金Principal利息Interest 减值准备Depreciation reserves固定资产Fixed assets房屋Building建筑物Structure机器设备Machinery equipment运输设备Transportation facilities工具器具Instruments and implement 累计折旧Accumulated depreciation 固定资产减值准备Fixed assets depreciation reserves房屋、建筑物减值准备Building/structure depreciation reserves机器设备减值准备Machinery equipment depreciation reserves工程物资Project goods and material 专用材料Special-purpose material专用设备Special-purpose equipment预付大型设备款Prepayments for equipment为生产准备的工具及器具Preparative instruments and implement for fabricate在建工程Construction-in-process安装工程Erection works在安装设备Erectingequipment-in-process技术改造工程Technical innovation project大修理工程General overhaul project在建工程减值准备Construction-in-process depreciation reserves固定资产清理Liquidation of fixed assets 无形资产Intangible assets专利权Patents非专利技术Non-Patents商标权Trademarks, Trade names著作权Copyrights土地使用权Tenure商誉Goodwill无形资产减值准备Intangible Assets depreciation reserves专利权减值准备Patent rights depreciation reserves商标权减值准备trademark rights depreciation reserves未确认融资费用Unacknowledged financial charges待处理财产损溢Wait deal assets loss or income 待处理财产损溢Wait deal assets loss or income待处理流动资产损溢Wait deal intangible assets loss or income待处理固定资产损溢Wait deal fixed assets loss or income负债类Liability短期负债Current liability短期借款Short-term borrowing应付票据Notes payable银行承兑汇票Bank acceptance商业承兑汇票Trade acceptance应付账款Account payable预收账款Deposit received代销商品款Proxy sale goods revenue 应付工资Accrued wages应付福利费Accrued welfarism应付股利Dividends payable应交税金Tax payable应交增值税value added tax payable进项税额Withholdings on VAT已交税金Paying tax转出未交增值税Unpaid VAT changeover减免税款Tax deduction销项税额Substituted money on VAT 出口退税Tax reimbursement for export进项税额转出Changeover withnoldings on VAT出口抵减内销产品应纳税额Export deduct domestic sales goods tax转出多交增值税Overpaid VAT changeover未交增值税Unpaid VAT应交营业税Business tax payable应交消费税Consumption tax payable 应交资源税Resources tax payable应交所得税Income tax payable应交土地增值税Increment tax on land value payable应交城市维护建设税Tax for maintaining and building cities payable应交房产税Housing property tax payable应交土地使用税Tenure tax payable应交车船使用税Vehicle and vessel usage license plate tax(VVULPT) payable应交个人所得税Personal income tax payable 其他应交款Other fund in conformity with paying其他应付款Other payables预提费用Drawing expense in advance 其他负债Other liabilities待转资产价值Pending changerover assets value预计负债Anticipation liabilities长期负债Long-term Liabilities长期借款Long-term loans一年内到期的长期借款Long-term loans due within one year一年后到期的长期借款Long-term loans due over one year应付债券Bonds payable债券面值Face value, Par value债券溢价Premium on bonds债券折价Discount on bonds应计利息Accrued interest长期应付款Long-term account payable应付融资租赁款Accrued financial lease outlay一年内到期的长期应付Long-term account payable due within one year一年后到期的长期应付Long-term account payable over one year专项应付款Special payable一年内到期的专项应付Long-term special payable due within one year一年后到期的专项应付Long-term special payable over one year递延税款Deferral taxes所有者权益类OWNERS'' EQUITY资本Capita实收资本(或股本) Paid-up capital(or stock)实收资本Paicl-up capital实收股本Paid-up stock已归还投资InvestmentReturned公积资本公积Capital reserve资本(或股本)溢价Cpital(orStock) premium接受捐赠非现金资产准备Receivenon-cash donate reserve股权投资准备Stock right investment reserves拨款转入Allocate sums changeover in 外币资本折算差额Foreign currency capital其他资本公积Other capital reserve盈余公积Surplus reserves法定盈余公积Legal surplus任意盈余公积Free surplus reserves法定公益金Legal public welfare fund 储备基金Reserve fund企业发展基金Enterprise expension fund利润归还投资Profits capitalizad on return of investment利润Profits本年利润Current year profits利润分配Profit distribution其他转入Other chengeover in提取法定盈余公积Withdrawal legal surplus提取法定公益金Withdrawal legal public welfare funds提取储备基金Withdrawal reserve fund 提取企业发展基金Withdrawal reserve for business expansion提取职工奖励及福利基金Withdrawal staff and workers'' bonus and welfare fund利润归还投资Profits capitalizad on return of investment应付优先股股利Preferred Stock dividends payable提取任意盈余公积Withdrawal other common accumulation fund应付普通股股利Common Stock dividends payable转作资本(或股本)的普通股股利CommonStock dividends change to assets(or stock)未分配利润Undistributed profit。
英文版基础会计学共33页文档
11
The Value of Accounting
Without trust, we could not have even a family, let alone a firm;
911 and the increase of trusting cost;
accounting; Accounting: A bird view
2
Opening Story
Everyone here is supposed to know the Outlaws of the Marsh;
Question I:
Who plays the role of “CFO” of the Marsh Mountain Liang?
issues:
Effective ways to raise and allocate capital; Trust crisis;
We have Corporate Finance and Auditing subjects respectively.
22
Corporate Finance and Auditing
→There are two;
3
Opening Story
Some other positions related to accounting;
4
Opening Story
Question II:
Why does the Marsh Mountaion Liang need such positions as CFO and Chief Controller?
8
The Nature of Man
基础会计(英文版)(第二版)Supplement3 Applications of Present
Year Expected net Present value of = Present value of
cash flow
1 yuan discounted net cash flows
at 10%
1
100 yuan
.909
90.9 yuan
2
100
.826
82.6
3
100
.751
75.1
Total present value of the investment:
Interest revenue (10 621 500 1%)
106 215
Reduction in lease payments receivable
393 785
Accounting Applications of the Present Value Concept
Capital Lease
Accounting Applications of the Present Value Concept
Market Price of Bonds
Present value of future principal payments:
100 000 yuan due after 6 semiannual periods, discounted at 7% per period: 100 000 .66634 (from table of present values)
Capital Lease
Accounting by the lessor (Nanji Co.) :
Leased Payment Receivable (net)
10 621 500
基础会计(英文版)(第二版)Supplement3 Applications of Present Value
Accounting Applications of the Present Value Concept
Estimating the Value of Goodwill
Good will is an intangible asset of a business. It may be defined as the present value of expected future earnings in excess of the normal return on net identifiable assets. One method of estimating goodwill is to estimate the annual amounts by which earnings are expected to exceed a normal return and then to discount these amounts to their present value.
The Concept of Present Value
Set the future value as 1 yuan. The present value of 1 yuan is : p = 1/ (1+ i )n
Table of present values
The Concept of Present Value
66 634
28 599 95 233
Accounting Applications of the Present Value Concept
Capital Lease
A capital lease is regarded as a sale of the leased asset by the lessor to the lessee.