unit 3会计英语

maintain v. 保持，维持
【例】The increase in sales is being maintained. 【搭配】maintain quality/standard 保持质量/标准
Exercises
• Ⅱ. Finish the crossword puzzle with the help of the clues below:
Task 1 & 2
3. Newtech Co. Ltd sells a software and receives a check from the customer for $400 for the service provided. Analysis: The assets are and the owner's equity is .
经济业务对会计要素的影响，可以归纳为4大类： (1)资产增加，负债、所有着权益增加; (2)资产减少，负债、所有者权益减少; (3)一个资产项目减少，另一个资产项目增加; (4)一个负债、所有者权益项目减少,另一个负债、所有者权 益项目增加。 每一种业务都不会改变会计恒等式的成立。
Any increase in the amount of total assets is necessarily accompanied by an equal increase on the other side of the equation, that is, by an increase in either the liabilities or owner’s equity.
Task 1 & 2
3. Newtech Co. Ltd sells a software and receives a check from the customer for $400 for the service provided. Analysis: The assets are increased and the owner's equity is increased.
UNIT 3
Accounting Equation
Special Terms
Accounting Equation Assets Liabilities Owner’s Equity
Accounting Equation
Assets
Accounting Equation
Assets
Liabilities
asset n. 资产，财产 【例句】The tax should be calculated on the amount of the assets sold. 【搭配】 asset account资产账户 asset value资产价值
To the left of the equation are the assets which are owned or controlled by an enterprise. On the right hand-side of the equation there are equity accounts. The term represents the ownership of those assets.
equal v. 等于
【例句】Two and two equals four. adj. 相等的 【搭配】 equal opportunity 同等机会 equal pay同样报酬 n. 平等
To the left of the equation are the assets which are owned or controlled by an enterprise. On the right hand-side of the equation there are equity accounts. The term represents the ownership of those assets.
Task 1 & 2
2. Newtech Co. Ltd sells a software for $1 000 and sends their customer an invoice. They allow their customer 30 days to pay them for this software (on account). Analysis: The assets are increased and the owner's equity is increased.
total n.总数，合计
【例句】The total of the assets must equal the total of those who own them， that is, liabilities and owner’s equities.
The total of the assets must equal the total of those who own them, that is, liabilities and owner’s equities.
owe v. 欠(债等) 【例句】I owed 3 months’ rent. 【搭配】owe sb. sth./ owe sth. to sb.欠某人某物 【例句】I owed my uncle 1,000 dollars./ I owed 1,000 dollars to my uncle.
Every business transaction, no matter how simple or complex, can be expressed in terms of its effect on the accounting equation.
Tasks
Task 1 & 2
1. Newtech Co. Ltd purchases four computers for $2 000, not paid. Analysis: The assets are and the liabilities are .
Task 1 & 2
1. Newtech Co. Ltd purchases four computers for $2 000, not paid. Analysis: The assets are increased and the liabilities are increased.
ownership n. 所有权 【搭配】ownership interest所有权利益
The total of the assets must equal the total of those who own them, that is, liabilities and owner’s equities.
【搭配】 the corresponding period of last year 去年的同一时期
Any decrease in total assets is necessarily accompanied by a corresponding decrease in liabilities of owner’s equity. The equality of the two sides of the accounting equation is always maintained.
increase n. 增加, 增大, 增长 【例句】Increase in population caused a shortage of food. 【搭配】 increase of budget 追加预算 increase-decrease bookkeeping增减记账法
Any decrease in total assets is necessarily accompanied by a corresponding decrease in liabilities of owner’s equity. The equality of the two sides of the accounting equation is always maintained.
Task 1 & 2
5. Newtech Co. Ltd purchases $300 worth of office supplies on account. Analysis: The assets are and the liabilities are .
Task 1 & 2
Task 1 & 2
2. Newtech Co. Ltd sells a software for $1 000 and sends their customer an invoice. They allow their customer 30 days to pay them for this software (on account). Analysis: The assets are and the owner's equity is .
Accounting Equation
Assets = Liabilities + Owner’s Equity
Reading The Accounting Equation
The Accounting Equation is the basis for understanding the double entry system of accounting. The equation shows that debits must at all times equal credits.
liability n. 负债 【例句】The company does not have enough money to meet its liabilities.
【搭配】 liability account负债账户 liability management 债务管理
Assets are what you own. Liabilities are what you owe. Owners’ Equity is what’s left over. It is your net worth.
Task 1 & 2
4. Newtech Co. Ltd designed a network system for a customer and receives a check for $40 000. Analysis: The assets are increased and the owner's equity is increased.
Task 1 & 2
4. Newtech Co. Ltd designed a network system for a customer and receives a check for $40 000. Analysis: The assets are and the owner's equity is .
decrease n. 减少，减少之量 【例句】There has been a decrease in the number of students this year. 【搭配】 a decrease in population人口减少 a decrease of 30% 减少30%
Any decrease in total assets is necessarily accompanied by a corresponding decrease in liabilities of owner’s equity. The equality of the two sides of the accounting equation is always maintained. corresponding adj. 相应的