尚全套例题

江西外语外贸职业学院教案备课纸（4）
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Exercises
1 On April 1,200x,the owner of the ABC, Mr. Smith, invests $15000 to open the business 2 On April 2,Mr.Smith purchase a $15000 used truck by paying 5000 in cash and signing
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a $ 10000 note payable, which is due in 18 months
3 On April 3 , Mr. Smith purchases lawn mowers (割草机) for $3000 in cash 4 On April 5, Mr. Smith purchases $30 worth of gasoline to power the mowers during April 5 On April 5, Mr. Smith pays $1200 for a one-year insurance contract that protects his business from April 1 until March 31 of the following year. 6 On April 5, Mr. Smith purchase $50 worth of office supplies, placing the purchase on his account with the store rather than paying cash 7 On April 14,the ABC cut grass for 7 customers, receiving $ 50 from each. 8 On April 20, Mr. Smith receives $270 from a customer for 6 future maintenance visit 9 On April 22,the ABC cuts grass for 8 customers billing each one $50 but receiving no cash 10 On April 26, Mr. Smith pays $200 in wages to a part-time employee. 11 On April 28, Mr. Smith pays $35 to print advertising fliers 12 On April 29, Mr. Smith withdraws $ 50 for personal use 13 On April 30,5 of the 8 previously billed customers each pay $50
Adjustments : 1 During the afternoon of April 30, Mr. Smith cut one lawn, and he agrees to mail the Customer a bill for $ 50,which he does on May 2 2 Mr. Smith’s $10000 note payable, which he signed on April 2,carries a 10.2%


江西外语外贸职业学院教案备课纸（4）
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interest rate
3 Mr. Smith’s part-time employee earns $80 during the last 4 days of April but will not be paid until May 10
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4 On April 20, Mr. Smith received a $ 270 prepayment for 6 future visit. Assuming
Mr. Smith completed one of these visits 5 Mr. Smith discovers that he used $25 worth of office supplies during April 6 Mr. Smith must record the expiration of one twelfth of his company’s insurance policy 7 If depreciation expense on Mr. Smith’s $ 15000 truck is $200 each month 8 If depreciation expense on Mr. Smith equipment is $ 35 each month.
Requirements 1 make the general journals of each transactions 2 make the trial balance 3 make the balance sheet and the income statement


江西外语外贸职业学院教案备课纸（4）
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Exercise 1
J.F.Outz,M.D.,has been practicing as a cardiologist for 3 years. During April ,Outz completed the following transactions in her practice of cardiology. April:
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1 paid office rent for April, $ 800
3 purchased equipment on account $2100 5 received cash on account from patients,$3150 8 purchased X-ray film and other supplies on account ,$245 9 one of the items of equipment purchased on April 3 was defective. it was returned with the permission of the supplier, who agreed to reduce the account for the amount charged for the item,$325 12 paid cash to creditors on account,$1250 17 paid cash for renewal of a six-month property insurance policy,$370 20 discovered that the balance of the cash account and of the accounts payable account as of April 1 were overstated by $200.A payment of that amount to a creditor in March had not been recorded. journalize the $200 payment as of April 20 24 paid cash for laboratory analysis $545 27 paid cash from business bank account for personal and family expense,$1250 30 recorded the cash received in payment of services (on a cash basis )to patients during April $1720 30 paid salaries of receptionist and nurses,$1725 30 paid various utility expenses $360 30 recorded fees charged to patients on account for services performed in April,$ 5145 30 paid miscellaneous expenses,$132 Outz’s account titles, numbers and balances as of April 1 are listed as follows:


江西外语外贸职业学院教案备课纸（4）
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Cash $ 4123 ;
Supplies $ 290 ;
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Accounts Receivable ,$ 6725
Prepaid Insurance $ 465
Equipment $ 19745 ; Accounts Payable $ 765 J.F.Outz , capital ,$30583
Requirements 1 make the general journals of each transactions 2 make the trial balance and the adjusted trial balance 3 make the balance sheet and the income statement


江西外语外贸职业学院教案备课纸（4）
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Exercise
Suppose that during the month of January ,Guangli Service completed the following transactions
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Jan 1
Invested 1000000 yuan into the business
2 Bought a house at a cost of 360000 yuan 3 Bought 3 trucks at a cost of 240000 yuan ,paying 200000 yuan of cash with the balance to be paid 90days later. The liability is an account payable 3 Bought house moving equipment for cash from Haima Equipment Company 9000 yuan 4 paid for a one – year insurance policy on the trucks and equipment ,3600 yuan 5 Receive cash revenue from the customers 2000 yuan 12 paid bills for gas ,200 yuan 16 received cash revenue from the customers.9000yuan 20 Billed a customer for house-moving services rendered,1300 yuan 24 received cash revenue from the customers 8000 yuan 27 Mr.Li withdrew cash for personal use ,500 yuan 28 received cash revenue from the customers ,8000 yuan 30 paid bill for utilities ,250 yuan 31 GuangLi Services paid wages to the workers for the month,9000 yuan
Adjustments : 1 GuangLi Services paid 3600 yuan in advance for a one-year insurance on the trucks and equipment. Now ,one month has passed 2 Suppose the truck will have a useful life of 10 years ,with an estimate salvage value of


江西外语外贸职业学院教案备课纸（4）
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30000 yuan at the end of the tenth year 3 Suppose the equipment has a useful life of five years without any salvage value 4 Suppose the house has a useful life of 25 years with a salvage value of 60000 yuan
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Requirements 1 make the general journals of each transactions 2 make the trial balance 3 make the balance sheet and the income statement


江西外语外贸职业学院教案备课纸（4）
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Exercises On July 1 of the current year ,the assets and liabilities of Ceil Jameson, Attorney at law, are as follows : cash,$1000 ; accounts receivable $ 3200 ; supplies ,$850 ; land $10000 ; accounts payable $1530. Ceil Jameson, Attorney is a sole proprietorship . Business transactions during July are summarized as followed 1) received cash from client for service $3928 2) paid creditors on account $ 1055 3）received cash from Ceil Jameson, Attorney as an additional investment $ 3700 4) paid office rent for the month ,$1200 5) charged clients for legal services on account,$2025 6) purchased office supplies on account $245 7) received cash from clients on account ,$3000 8) received invoice for paralegal service from legal Aid Inc. for July (to paid on August 10 ) ,$ 1635 9) paid the following : wages expense ,$ 850 ; answering service expense $250; Utilities expense ,$325 and miscellaneous expense $75 10) determined that the cost of office supplies on hand was $980 ; therefore, the cost of supplies used during the month was $115 11) Jameson withdrew $ 1000 in cash from the business for personal use.
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江西外语外贸职业学院教案备课纸（4）
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Exercise Dan Moore and T.J.Knell formed a partnership,investing $ 240000 and $ 120000 respetively. Determine their participation in the year’s net income of $ 120000 under each of the following independent assumptions: a) no agreement concerning division of net income b) divide in the ratio of original capital investment c) interest at the rate of 10% allowed on original investments and the remainer divided in the ratio of 2:3 d) salary allowances of $ 40000 and $ 50000 respectively ,and the balance divide equally e) allowance of interest at the rate of 10% on original investments, salary allowances of $ 40000 and $ 50000 respectively, the remainer divided equally
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江西外语外贸职业学院教案备课纸（4）
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Exercise Errors in trial balance The following preliminary trial balance of The Cowboy Co.,a sports ticket agency,does not balance The Cowboy Co Trial balance Cash Accounts receivable Prepaid insurance Equipment Accounts payable Unearned rent Emmitt Smith,Capital Emmitt Smith,Drawing Service Revenue Wages expense Advertising expense Miscellaneous expense 197450 5200 1380 114550 68550 10000 64940 33400 4500 10050 1480 83000 26000 3300
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The ledger and other records are reviewer the following : 1) the debits and credits in the cash account total $83000 and $65300,respectively 2) a billing of $ 1100 to a customer on account was not posted to the accounts receivable account 3) a payment of $ 2300 made to a creditor on account was not posted to the account


江西外语外贸职业学院教案备课纸（4）
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payable account 4) the balance of the Unearned rent account is $1840 5) the correct balance of the equipment account is $ 45000 6) each account has a normal balance. Prepare a corrected trial balance
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江西外语外贸职业学院教案备课纸（4）
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Exercises Listed below are the transactions of Mary Dental Office for the month of January 1) Mary invested ￥20000 for her dental office. 2) purchased furniture and dental equipment on account from ABC Corp. for ￥17280. （ 5 year life,using straight-line method to record the depreciation） 3) paid the rent for the office space ,￥680 for one month 4) employed a receptionist 5) purchased dental suppliers for cash ￥430 6）paid miscellaneous expenses ￥430 7）billed patients ￥5000 for services performed 8) paid ABC corp. on account for ￥4000 9）received ￥4500 from patients on account 10) paid the salaries ￥1000 11) dental suppliers used during January ￥300
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江西外语外贸职业学院教案备课纸（4）
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Exercises On Sep 1 , Miss Yang opened a launderette called Best-Service Laundry.During the Month,the business complete the following transactions: 1)Yang deposited 76500 yuan in a bank in the name of the business 2) Bought tables and chairs for cash ,950 yuan 3) paid rent for the month,1500 yuan 4) Bought washers and dryers for cash,35000 yuan 5) Bought washing supples on credit ,1450 yuan 6) received 16400 yuan of cash from customers for services rendered during the month 7) paid 1380 yuan of cash for fire insurance for 12 months 8) received and paid electric and water bills ,980 yuan 9) paid 1000 yuan of cash for the washing supplies bought in 5 10) paid 250 yuan for license and other miscellaneous expense 11) paid wages to workers,1800 yuan 12) Yang withdrew cash for personal use ,500 yuan
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江西外语外贸职业学院教案备课纸（4）
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Exercises : depreciation 1.Assume that at the beginning of 2000, an equipment was acquired for $3,000 in cash, salvage value was estimated to be $300 with a useful life of 5 years. At the end of 2000, determine the depreciation of every year. 2. Assume that a drilling tool was purchased for $3,000, the salvage value was estimated to be $300, and 67,500 parts was estimated to be drilled by the drill during its useful life. If 26,000 parts were drilled during the first year, then determine this year’s depreciation expense. 3.By the SYD method, determine the depreciation of each year in the case of the above 1. 4. By the DDB method, determine the annual depreciation expense according to the assumption of No.1.
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江西外语外贸职业学院教案备课纸（4）
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Exercise:
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（1）
The following information is for K Company for the month of June.
K Company sells just one product.
Units Beginning inventory Purchases: June 12 25 Sales: 4 15 27 20 100 60 10 90 50
Unit Cost $ 20 23 30
Compute the cost of goods sold and the ending inventory (assume periodic inventory procedures) using (a)first-in, first-out; (b) last-in, first-out; (c) weighted average.













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