会计英语 课后习题答案 叶建芳 会计英语课后习题参考答案.pdfVIP

Suggested Solution Chapter 1 1. Effect on the accounting equation (1) (2) (3) (4) (5) (6) (a) Increase in one asset, decrease in √ another asset. (b) Increase in an asset, increase in a liability. (c) Increase in an asset, increase in capital. √ √ (d) Decrease in an asset, decrease in a √ liability. (e) Decrease in an asset, decrease in capital. √ √ 2. Assets Liabilities Owner’s equity Transactions +/- +/- +/- 1 + + 2 + + 3 - - 4 + + 5 + + 6 - - 7 - - 8 +/- 9 - - 10 - - 3. Describe each transaction based on the summary above. Transactions 1 Purchased land for cash, $6,000. 2 Investment for cash, $3,200. 3 Paid expense $1,200. 4 Purchased supplies on account, $800. 5 Paid owner’s personal use, $750. 6 Paid creditor, $1,500