中级会计管理课件

Bank Reconciliation
Cash balance from company records $6,925 Add: Notes receivable ($700) and interest ($15) collected by bank应收票据（700美元）和利息 （15美元）的银行收集 715 $7,640
Cash balance from bank statement $7,218 Add: Receipts recorded on the company’s records but not reported on the bank statement.(收益录得该公司的记录，但没有在银行对帐单报告。 ) 629 $7,847 Deduct: Outstanding未支付的 checks (516 )
Bank Reconciliation
Adjusted cash balance per company records $7,331
Adjusted cash balance per bank statement $7,331
Estimated Bad Debts Method
Bad debts can be estimated based on sales or on accounts receivable.
如果公司的净年内信贷销售额$ 525,000和历史坏帐金额的2％的销售净额信贷 ，什么是需要调整的项目？
Bad Debt Expense 10,500 Allowance for Doubtful Accounts津贴坏账准备 10,500
$525,000 x 0.02
Estimated Bad Debts Method
850
Notes Receivable Discounted
On August 1, 2004, the Kasper Corporation discounts a customer’s note at its bank at a 14% discount rate. The note was received from the customer on August 1, is for 90 days, has a face value of $5,000, and carries an interest rate of 12%.
Customers’ checks were returned for lack of funds (NSF check), $300.
Bank Reconciliation
Cash balance from company records $6,925 Add: Notes receivable ($700) and interest ($15) collected by bank 715 $7,640 Deduct: Bank service charge (9 ) NSF checks (300 ) Adjusted Cash Balance $7,331
收益录得该公司的记录，但不是在银行报告
statement.报表
Deposits in transit and cash received but not yet deposited totaled
过境存款和现金已收到但尚未交存总额
629 $7,847
$629.
Bank Reconciliation
Bank Reconciliation
Cash balance from company records $6,925 Add: Notes receivable ($700) and interest ($15) collected by bank 715 $7,640
Notes receivable totaling $700 and interest totaling $15 were collected by the bank.
Bank service charge, $9.
Bank Reconciliation
Cash balance from company records $6,925 Add: Notes receivable ($700) and interest ($15) collected by bank 715 $7,640 Deduct: Bank service charge (9 )
Writing Off Uncollectibles
Accounts Receivable 175,000 850
Allowance for Doubtful Accounts 850
可变现净值
8,750
Net realizable value = $166,250 Allowance for Doubtful Accounts 850 Accounts Receivable A customer’s account totaling $850 is determined to be uncollectible.
Bank Reconciliation
Cash balance from bank statement $7,218
现金余额银行对 帐单
Cash balance from company records $6,925
现金余额的公 司记录
Bank Reconciliation
Cash balance from bank statement $7,218 Add: Receipts recorded on the company’srecords but not reported on the bank
Notes Receivable Discounted
1. Face value of note $5,000.00 2. Interest to maturity ($5,000 x 0.12 x 90/360) 150.00 3. Maturity value of note $5,150.00 4. Discount ($5,150 x 0.14 x 60/360) (120.17 ) 5. Proceeds $5,029.83 6. Accrued interest revenue: $50 7. Book value of note ($5,000 + $50) (5,050.00 ) 8. Loss from discounting of note $ (20.17)
Outstanding checks totaled $516.
Bank Reconciliation
Cash balance from bank statement $7,218 Add: Receipts recorded on the company’s records but not reported on the bank statement. 629 $7,847 Deduct: Outstanding checks (516 ) Adjusted Cash Balance调整后的现金余额 $7,331
Bank service charge, $9.
Bank Reconciliation
Cash balance from company records $6,925 Add: Notes receivable ($700) and interest ($15) collected by bank 715 $7,640 Deduct: Bank service charge (9 )
Estimated Bad Debts Method
1. Relationship to sales (income statement approach):
关系到销售（损益表方法）：
a. Percentage of sales销售百分比 b.Percentage of net credit sales信贷净销售额的百分 比 2. Relationship to accounts receivable (balance sheet approach):应收账款的关系（资产负债表法）： a. Percentage of outstanding accounts receivable百分比应收账款 b. Aging of accounts receivable应收账款的账龄
Allowance for Doubtful Accounts 4,500 (current balance)当
前余额
$475,000 x 0.04 = $19bts Method
Percentage of Outstanding Accounts Receivable If a company has determined that there has been a 4% relationship between actual bad debts and the year-end account receivable balance ($475,000), what would be the required adjusting entry?
Percentage of Outstanding Accounts Receivable If a company has determined that there has been a 4% relationship between actual bad debts and the year-end account receivable balance ($475,000), what would be the required adjusting entry?
Allowance for Doubtful Accounts 4,500 (current balance)当前余额 14,500 (required adjustment) 19,000 (required balance)