中外比较会计c9.ppt

Chapter 9 Current Liabilities New words accounts payable (short-term) Notes payable payroll --employee compensation accrued liabilities 应计负债 accrued payables 应计未付款项 withhold（工资或税金）的扣款，扣缴 withholding income tax 代扣所得税 payroll tax (levy on employers) 薪工税 contra-liability account 负债抵销账户 contingency 或有事项 Types of current liabilities 1.Determinable current liabilities Accounts payable Short term notes payable 1) Trade notes payable 2) Commercial paper Unearned revenue The current portion of long-term debt 2.Current liabilities dependent on operating results (Accrued liabilities/expenses) Interest payable Sales/Income taxes payable Payroll liabilities( Salary expense or Wage Expense or Commission expense ) Bonuses payable Dividends payable (cash ,property, scrip) 3.Estimated liabilities, Contingent liabilities Estimated liabilities Contingent liabilities 1. 1） Short term notes payable (p360/226) ? Notes payable with interest rate stated separately from the principal amount On November 1 Porter Company borrows $10,000 from its bank for a period of six months at an annual rate of 12%. The note issued is shown below . Miami, Florida November 1,2006 Six months after this date Porter Company promises to pay to Security National Bank the sum of $ 10,000 with interest rate of 12% per annum. Signed Title At November 1 Cash 10,000 Notes payable 10,000 At December 31 Interest Expense 200 Interest Payable 200 At May 1 Notes payable 10,000 Interest Payable 200 Interest Expense 400 Cash 10,600 ?Notes payable with interest charges included in the face amoun