会计英语课后习题参考答案(终审稿)
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会计英语课后习题参考
答案
文稿归稿存档编号：[KKUY-KKIO69-OTM243-OLUI129-G00I-FDQS58-
S u g g e s t e d S o l u t i o n
Chapter 1
1.
2.
3.
Describe each transaction based on the summary above.
4.
5.
(a)
(b) net income = 9,260-7,470=1,790
(c) net income = 1,790+2,500=4,290
Chapter 2
1.
a.To increase Notes Payable -CR
b.To decrease Accounts Receivable-CR
c.To increase Owner, Capital -CR
d.To decrease Unearned Fees -DR
e.To decrease Prepaid Insurance -CR
f.To decrease Cash - CR
g.To increase Utilities Expense -DR
h.To increase Fees Earned -CR
i.To increase Store Equipment -DR
j.To increase Owner, Withdrawal -DR
2.
Cash1,800
Accounts payable ................... 1,800 Revenue ............................. 4,500
Accounts receivable ........... 4,500 Owner’s withdrawals ................ 1,500
Salaries Expense ............... 1,500 Accounts Receivable .. (750)
Revenue (750)
3.
Prepare adjusting journal entries at December 31, the end of the year.
Advertising expense600
Prepaid advertising 600
Insurance expense (2160/12*2)360
Prepaid insurance360
Unearned revenue2,100
Service revenue2,100
Consultant expense900
Prepaid consultant900
Unearned revenue3,000
Service revenue3,000
4.
1. $388,400
2. $22,520
3. $366,600
4. $21,800
5.
1. net loss for the year ended June 30, 2002: $60,000
2. DR Jon Nissen, Capital 60,000
CR income summary 60,000
3. post-closing balance in Jon Nissen, Capital at June 30, 2002: $54,000
Chapter 3
1. Dundee Realty bank reconciliation
October 31, 2009
Reconciled balance $6,220 Reconciled balance $6,220
2. April 7 Dr: Notes receivable—A company 5400
Cr: Accounts receivable—A company 5400
12 Dr: Cash 5394.5
Interest expense 5.5
Cr: Notes receivable 5400 June 6 Dr: Accounts receivable—A company 5533
Cr: Cash
5533
18 Dr: Cash 5560.7
Cr: Accounts receivable—A company
5533
Interest revenue
27.7
3. (a) As a whole: the ending inventory=685
(b) applied separately to each product: the ending inventory=625
4. The cost of goods available for sale=ending inventory + the cost of goods=80,000+200,000*500%=80,000+1,000,000=1,080,000
5.(1) 24,000+60,000-90,000*0.8=12000
(2) (60,000+24,000)/( 85,000+31,000)*( 85,000+31,000-90,000)=18828
Chapter 4
1. (a) second-year depreciation = (114,000 – 5,700) / 5 = 21,660;
(b) second-year depreciation = 8,600 * (114,000 – 5,700) / 36,100 = 25,800;