期期末测试题
Ⅰ、Translate The Following Terms Into Chinese . 1. entity concept 主题概念 折旧 3. double entry system
5. stable monetary unit balance asset report expense control flow statement basis fixed asset accounting
15. current liability control return and allowance position sheet write-off method
Ⅱ、Translate The Following Sentences Into Chinese .
1. Accounting is often described as an information system. It is the system that measures business activities, processes into reports and communicates these findings to decision makers.
2. The primary users of financial information are investors and
creditors. Secondary users include the public, government regulatory agencies, employees, customers, suppliers, industry groups, labor unions, other companies, and academic researchers.
3. There are two sources of assets. One is liabilities and the
other is owner’s equity. Liabilities are obligations of an
entity arising from past transactions or events, the settlement of which may result in the transfer or use of assets or services in the future.
资产有两个来源，一个是负债，另一个是所有者权益。负债是由过去的交易或事件产生的实体的义务，其结算可能导致未来资产或服务的转让或使用。
4. Accounting elements are basic classification of accounting practices. They are essential units to present the financial position and operating result of an entity. In China, we have six groups of accounting elements. They are assets, liabilities, owner’s equity, revenue, expense and profit (income). 会计要素是会计实践的基础分类。它们是保护财务状况和实体经营的重要部分。在中国，我们有六个会计要素。它们是资产，负债，所有者权益，收入，费用和利润（收入）。
5. The general journal (or journal) is a book of original entry that links the debits and credits of individual transactions by providing a complete record of each transaction in one place, in chronological order.
普通日记账（或日记账）是一个链接这借方和个别交易的信用的一本原始条目，是按时间顺序，在一个地方提供一个完整的交易记录。 Ⅲ. Please find the best answers to the following questions. 1. Which of the following statement is false
a. The partnership form of business organization protects the
personal assets of the owner from creditors of the business b. A proprietorship has a single owner
c. Accounting is the information system that measures business
activities, processes that information into reports, and communicates the results to decision makers.
d. The FASB determines how accounting is practiced in the United
States
2. The principle or concept that holds that an entity will remain in operation for the foreseeable future is the a. going-concern concept b. stable-monetary-unit concept c. reliability principle d. cost principle
3. Aftin Co. performs services on account when Aftin collects the account receivable a. assets increase b. assets do not change c. owner’s equity decreases d. liabilities decrease
4. An income statement reports .
a. the assets, liabilities, and owner’s equity on a particular
date
b. the change in the owner’s capital during the period
c. the cash receipt and cash payment during the period
d. the difference between revenues and expenses during the period 5. The following information about the assets and liabilities at the end of 20 x 1 and 20 x 2 is given below:
20 x 1
20 x 2
$ 90,000 45,000
Assets $ 75,000
36,000
Liabilities
If net income was $ 1,500 and there were no withdrawals, how
much did the owner invest
a. $ 4,500 b. $ 6,000 c. $ 45,000 d. $ 43,000
6. Traylor Company paid $ 2850 on account. The effect of this transaction on the accounting equation is to .
A. Decrease assets and decrease owner’s equity B. Increase liabilities and decrease owner’s equity C. Have no effect on total assets
D. Decrease assets and decrease liabilities
7. The journal entry to record the collection of $ 890 from a customer on account is .
A. Accounts Payable
Cash
890 890 890
890
890
B. Cash
Accounts Receivable
890
C. Cash
Account Payable
890
D. Cash
Service Revenue 890
8. The ending Cash account balance is $ 57600. During the period, cash receipts equal $ 124,300. If the cash payments during the period total $ 135,100, then the beginning Cash amount must have
A. $ 68,400 B. $ 46,800 C. $ 181,900
D. Cannot be determined from the information given
9. Use the following selected information for the Alecia Company to calculate the correct credit column total for a trial balance .
Accounts receivable Accounts payable Building Cash
$ 7,200 6,900 179,400
15,800 64,000
6,500
Capital
Insurance expense
会计专业英语期末试题)
