会计专业英语练习题

Chapter 2 Accounting Concepts and Principles

财务报表要素

Asset 资产

Liability 负债

Equity 所有者权益、股本

Revenue 收入

Expense 费用

Gain 利得

Loss 损失

For each item below, indicate to which category of elements of financial statements it belongs.

每个项目下面，说明这类财务报表要素属于.

(a) Retained earnings 留存收益equity

(b) Sales 销售revenue

(c) Additional paid-in capital 股本溢价equity

(d) Inventory 存货asset

(e) Depreciation 折旧费expense

(f) Dividends 股息equity

(g) Gain on sale of investment 出售投资收益gain

(h)Interest payable 应付利息liability

(i)Loss on sale of equipment 销售设备的亏损loss

(j) Issuance of common stock 发行普通股equity

Chapter 3 Financial Statements

Exercise 1. Presented on the next page are the captions of Faulk Company’s balance sheet.在下一页的标题的福克公司的资产负债表。

(a) Current assets. (f) Current liabilities.

(b) Investments. (g) Non-current liabilities.

(c) Property, plant, and equipment. (h) Capital stock.

(d) Intangible assets. (i) Additional paid-in capital.

(e) Other assets. (j) Retained earnings.

(a)流动资产

(b)投资

(c固定资产

(d)无形资产

(e)其他资产(f)流动负债

(g)非流动负债。

(h)股本

(i)股本溢价(j)留存收益。

Instructions

Indicate by letter where each of the following items would be classified.

1. Preferred stock. 11. Cash surrender value of life insurance.

2. Goodwill. 12. Notes payable (due next year).

3. Wages payable. 13. Office supplies.

4. Trade accounts payable. 14. Common stock.

5. Buildings. 15. Land.

6. Trading securities. 16. Bond sinking fund.

7. Current portion of long-term debt. 17. Merchandise inventory.

8. Premium on bonds payable. 18. Prepaid insurance.

9. Allowance for doubtful accounts. 19. Bonds payable.

10. Accounts receivable. 1优先股

2商誉

3应付工资

4贸易应付帐款

5建筑物

6证券交易。

7长期债务的当期部分8应付债券溢价

9坏账准备

10应收账款20. Taxes payable.

11人寿保险现金解约价值12应付票据（明年）

13办公用品

14普通股

15土地

16债券偿债基金

17商品库存

18预付保险费

19应付债券

20应付税款

(a)流动资产6.9.10.13.17.18

(b)投资16

(c固定资产5.15

(d)无形资产2

(e)其他资产11 (f)流动负债3.4.7.12.20

(g)非流动负债8.19

(h)股本1.14

(i)股本溢价

(j)留存收益

Exercise 2. The accounting department supplied the following data in recording the September 30 bank statement for Rytton, Inc.

Closing cash balance per bank statement $15 496.91 Closing cash balance per cash book 14 692.71 Deposits in transit 2 615.23

Bank service charge 25.00 Outstanding checks 3 079.51

Note collected by bank including $45 interest (Rytton not yet

1 045.00 notified)

617.08

Error by bank-check drawn by Rytten Corp. was charged to

Rytton’s account

A sale and deposit of $1 729.00 was entered in the sales journal and cash receipts journal as $1 792.00.

银行：15496.91 企业：14692.71

加2615.23 617.08 加1045

减3232.31 减25

63

平衡：15649.71

Instructions

Prepare the September 30 bank reconciliation.

Exercise 3. A machine is purchased at the beginning of 2002 for $36 000. its estimated life is 6 years. Freight costs on the machine are $2 000. Installation costs are $1 200. The machine is estimated to have a residual value of $500 and a useful life of 40 000 hours. It was used 6 000 hours in 2002. 2002年初采购机器价款36000美元，估计有6年寿命。机器的货运成本是2000美元，安装成本是1200美元。该机预计净残值为500美元，可以使用寿命40000小时。在过去的2002一年它使用了6000小时。

Instructions

What is the cost of the machine for accounting purposes? 36000+2000+1200=39200 Compute the depreciation charge for 2002 using 计算2002年的折旧费(a) the straight-line method 直线法and (b) the service-hours method.工作量法

（a）直线法（平均年限法）

年折旧额=（固定资产原值-预计净残值）/预计使用年限

2002年折旧额=（39200-500）/6=6450

（b）工作量法

单位工作量折旧费=（固定资产原值-预计净残值）/预计工作总量

年折旧额=当年实际工作量*单位工作量折旧费

单位….= （39200-500）/40000=0.9675

2002年折旧额=0.9675*6000=5805

Exercise 3.

Mick Inc. has outstanding 10,000 shares of $10 par value common stock. On July 1, 2008, Mick reacquired 100 shares at $85 per share. On September 1, Mick reissued 60 shares at $90 per share. On November 1, Mick reissued 40 shares at $83 per share.