会计基础horngren_acct7_ch01-4课件.ppt

Accounting and theBusiness Environment;Objective 3;Economic Resources;Economic Resources;Assets;Assets;Claims to the Assets;Claims to the Assets;Claims to the Assets;Claims to the Assets;Transactions that AffectOwner’s Equity;Investments;Investments;are withdrawals of cash or other assets by the owner for p use d owner’s equity;are withdrawals of cash or other assets by the owner for personal use decrease owner’s equity;Revenues;Revenues;Expenses;Expenses; One item is omitted in each of the following summaries of balance sheet and income statement data for three different sole proprietorships, X, Y, and Z. Determine the amounts of the missing items, identifying each proprietorship by letter. Proprietorship X Y Z Beginning of the Year: Assets $400,000 $150,000 $199,000 Liabilities 250,000 105,000 168,000 End of the Year: Assets 450,000 195,000 195,000 Liabilities 280,000 95,000 169,000 During the Year: Additional Investment by the owner ? 79,000 80,000 Withdrawals by the owner 90,000 83,000 ? Revenue 195,000 ? 187,000 Expenses 170,000 113,000 185,000; A business may be pictured as a box. The box has contents and by virtue of (凭借) owning the box, the owner has a claim on the value of the contents. Others also may have a claim on the contents, by virtue of having lent money to the business or having supplied goods or services to the business for which they have not yet been paid. These are the creditors of the business. ;;Objective 4;Accounting for Business Transactions;;TRANSACTION ANALYSIS TRANSACTION 1;TRANSACTION ANALYSISTRANSACTION 1 SOLUTION;TRANSACTION ANALYSIS TRANSACTION 2;TRANSACTION ANALYSISTRANSACTION 2 SOLUTION;Softbyte purchases supplies expected to last for several months for $1,600 from Acme Supply Company. Acme agrees