会计学英文案例.docVIP

A-1 Photography is established on 1 September,2013. Its accountants create a list of the following accounts to prepare for future accounting work. A-1 Photography Chart of Accounts No. Assets 10100 Cash 10200 Accounts Receivable 10300 Prepaid Rent 10400 Prepaid Insurance 10500 Photographic Supplies 10600 Office Supplies 10700 Land 10800 Photographic Equipment 10900 Accumulated Depreciation - Photographic Equipment 11000 Office Equipment 11100 Accumulated Depreciation - Office Equipment 11200 Vehicle 11300 Accumulated Depreciation - Vehicle Liabilities 20100 Accounts Payable 20200 Note Payable 20300 Salary Payable 20400 Interest Payable 20500 Unearned Photographic Service Revenue Owner’s Equity 30100 Philip Browning, Capital 30200 Philip Browning, Withdrawals 30300 Income Summary Revenue 40100 Photographic Service Revenue Expenses 50100 Salary Expense 50200 Rent Expense 50300 Utilities Expense 50400 Photographic Supplies Expense 50500 Office Supplies Expense 50600 Insurance Expense 50700 Depreciation Expense - Photographic Equipment 50800 Depreciation Expense - Office Equipment 50900 Depreciation Expense - Vehicle 51000 Gas and Oil Expense 51100 Janitorial Expense 51200 Advertising Expense 51300 Interest Expense 51400 Miscellaneous Expense A-1photography starts its business in September. All of the first month’s activity for it is as follows. Sep 1 Philip Browning deposited $10,000 in the business account. Also on this date, Philip transferred his Vehicle, worth $12,500, to the business.Besides, he also provided Office Equipment and Photographic Equipment, which worth $25,000 and 50,000, respectively.Philip received $97,500 of capital. 1 Received $6,000 to provide Photographic service in the next 12 months for another business. 1 Purchased an Auto insurance policy for $2,400 and paid cash for one year. 1 Wrote a check for $3,600 to rent an office. In the “for” area of the check, it states “September through