{财务管理财务会计}会计专业英语习题答案.pdfVIP

{财务管理财务会计}会计专 业英语习题答案 Chapter.1 1-1 Asinmanyethicsissues,thereisnoonerightanswer.Thelocalnewsp aperreportedonthisissueintheseterms:Thepanycoveredupthefi rstreport,andthelocalnewspaperuncoveredthepanyssecret.The panywasforcedtonotlocatehere(CollierCounty).Itbecamepatent lyclearthatdoingtheleastthatislegallyallowedisnotenough. 1-2 1.B2.B3.E4.F5.B6.F 7.X8.E9.X10.B 1-3 a.$96,500($25,000+$71,500) b.$67,750($82,750–$15,000) c.$19,500($37,000–$17,500) 1-4 a.$275,000($475,000–$200,000) b.$310,000($275,000+$75,000–$40,000) c.$233,000($275,000–$15,000–$27,000) d.$465,000($275,000+$125,000+$65,000) e.Netine:$45,000($425,000–$105,000–$275,000) 1-5 a.ownersequityb.liabilityc.assetd.assete.ownersequityf.a sset 1-6 a.Increasesassetsandincreasesowner’sequity. b.Increasesassetsandincreasesowner’sequity. c.Decreasesassetsanddecreasesowner’sequity. d.Increasesassetsandincreasesliabilities. e.Increasesassetsanddecreasesassets. 1-7 1.increase2.decrease3.increase4.decrease 1-8 a.(1)Saleofcateringservicesforcash,$25,000. (2)Purchaseoflandforcash,$10,000. (3)Paymentofexpenses,$16,000. (4)Purchaseofsuppliesonaccount,$800. (5)Withdrawalofcashbyowner,$2,000. (6)Paymentofcashtocreditors,$10,600. (7)Recognitionofcostofsuppliesused,$1,400. b.$13,600($18,000–$4,400) c.$5,600($64,100–$58,500) d.$7,600($25,000–$16,000–$1,400) e.$5,600($7,600–$2,000) 1-9 Itwouldbeincorrecttosaythatthebusinesshadincurredanetlos sof$21,750.Theexcessofthewithdrawalsoverthenetinefortheper iodisadecreaseintheamountofowner’sequityinthebusiness. 1-10 Balancesheetitems:1,3,4,8,9,10 1-11 Inestatementitems:2,5,6,7 1-12 MADRASCOMPANY StatementofOwner’sEquity FortheMonthEndedApril30,2006 LeoPerkins,capital,April1,2006$297,200 Netineforthemonth$73,000 Lesswithdrawals12,000 Increaseinowner’sequity61,000 LeoPerkins,capital,April30,2006$358,200 1-13 HERCULESSERVICES IneStatement FortheMonthEndedNovember30,2006 Feesearned$232,1