2001年攻讀入學(xué)考1、GiveabriefexplanationforthefollowingJournalGoingMatchingWorkingRevenuePleasereadthefollowingpassagecarefullyandfillineachof11blankswithawordmostappropriatetothecontentThedouble-entrysystemofaccountingtakesitsnamefromthefactthateverybusinesstransactionisrecordedby()typesofentries:1:()entriestooneormoreaccountsand2:creditentriestooneormoreaccounts.Inrecordinganytransaction,thetotaldollaramountofthe()entriesmust()thetotaldollaramountofcreditentries.Oftenatransactionaffectsrevenuesorexpensesoftwoormoredifferentperiods,inthesecases,an( )entriesareneededto )toeachperiodtheappropriateamountsofrevenuesandexpenses.Theseentriesareperformedatthe( )ofeachaccountingperiodbut( )topreparingthefinancialstatements.Marketablesecuritiesarehighly()investments,primarilyinsharestocksandbounds,()canbesold()quotedmarketpricesinorganizedsecuritiesexchanges.TranslatethefollowingChinesestatementsintoEnglish(1)財(cái)務(wù)報(bào)表反映一個(gè)企業(yè)的財(cái)務(wù)狀況和經(jīng)營成果，是根據(jù)公認(rèn)會(huì)計(jì)準(zhǔn)則編制納稅申報(bào)單則反映應(yīng)益的計(jì)算，是由稅法和稅則規(guī)定的概念。在許多情見然而會(huì)計(jì)師的聲譽(yù)來自于他們對(duì)審計(jì)工作的一絲不茍和審計(jì)報(bào)告TranslatethefollowingstatementsintoChineseAccountingprinciplesarenotlikephysicallaws;theydonotexistinnature,awaitingdiscoveryman.Rather,theyaredevelopedbyman,inlightofwhatweconsidertobethemostimportantobjectivesoffinancialreporting.Inmanywaysgenerallyacceptedaccountingprinciplesaresimilartotherulesestablishedforanorganizedsportsuchasfootballorbasketball.Accountantshavedevisedprocedureswherebytheflowsofcashreceiptsandpaymentsarespreadoveraperiodoftimeinacertainwaytoderivee,whichisrepresentativeoftheeconomicperformanceofthefirmforthegivenperiod.Theeconceptasappliedintherealworldinvolvesnumerousdecisionsandjudgments.Multiplechoicequestions(choosethebestforyouranswer)TheCPAfirmauditingXYRecordingServicefoundthatretainedearningwereunderstatedandliabilitieswereoverstated.Whichofthefollowingerrorscouldhavebeenthecause?MakingtheadjustmententryfordepreciationexpensesFailuretorecordedinterestaccruedonanoteFailuretomaketheadjustingentrytorecordedrevenuewhichhadbeenearnedbutnotyetbilledtoclients;FailuretorecordtheearnedportionoffeesreceivedinHowwillnetebeaffectedbytheamortizationofadiscountonbondspayable?Interestexpenseisincreased,so eisInterestexpenseisdecreased,so eisInterestexpenseisincreased,so eisInterestexpenseisdecreased,so eisAstockIncreasethedebt-to-equityratioofaDecreasefutureearningsperDecreasethesizeoftheIncreasesharholder’sNoneoftheAcompanyhadsalesinboth1999and2000of$200000.Costofsalesfor1999was$140000.Incomputingthecostofsalesfor1999,anitemofinventorypurchasedin1999for$50wasincorrectlywrittendowntocurrentreplacementcostof$35.Theitemiscurrentlysellingin2000for$100,itsnormalsellingprice.Asaresultofthisefor1999isCostofsalesfor2000willbeefor2000willbeefor2000willnotbeNoneoftheUsingthedatapresentedbelow,calculatethecostofsalesfortheBCCompanyfor1999.CurrentQuickCurrentliabilities$600Inventory$500InventoryThecostofsalesfortheBCCompanyfor1999$1600$2400$3200$6400NoneofWCompanycomputedthefollowingitemsfromitsfinancialrecordsfor1999:Price-earningratioPay-outratioAssetsturnoverratioThedividendyieldonW’scommonstockfor1999A.5%B.7.2%C.7.5%D.ThedataaboutAccountsreceivableofNewtonCompanyfor1999asAccountsreceivable12/31/1999Allowanceforuncollectibleaccounts12/31/19995000(credit)Baddebtexpensesfortheyear2000During1999recoveriesonbaddebtspreviouslywrittenoffwerecorrectlyrecordedat$500.Ifthebeginningbalanceintheallowanceforuncollectibleaccountswas$4700,Whatwastheamountofaccountsreceivablewrittenoffasbaddebtsduring1999:A.$1200B.$1800C.$2200D.Whichoneofthefollowingitemswouldlikelyincreaseearningspershare(EPS)ofacorporation?DeclarationofastockDeclarationofastockPurchasetreasuryAreductionintheamountofcashdividendsNoneofTheprimarypurposeforusinganinventoryflowassumptionisParallelthephysicalflowofunitsOffsetagainstrevenueanappropriatecostofgoods eizethereportedamountof Deltacompanysoldaplantassetsthatoriginallyhadcost$50000for$22000cash.IfDeltaCompanycorrectlyreportsa$5000gainonthissale.Theaccumulateddepreciationontheassetatthedateofsalemusthavebeen:A.$28000;B.$23000C.$33000;D.E.SomeotherBondspayableissueandrecordinginterestTheABCCompanysold$600000ofits9.5%,12yearsbondsonApril1,2000,at106.Thesemi-annualinterestpaymentdatesareApril1andOctober1.Theeffectiveinterestrateisapproximay8.9%.Thecompany’sfiscalyearendsDecember31.PreparejournalentriestoTheissueofthebondsonApril1,ThefirstinterestpaymentonOctober1,TheAmortizationofpremiumordiscountandinterestexpensesonDecember31,2001.StatementofCashFlowsThenet eoftheZYCompanyfor1999was$260000.Additionaldataavailablerelativetoactivitiesfortheyeararegivenbelow:Depreciationexpensesfortheyear,$90Lossonsaleofmachineryusedinoperationswas$2Accountsreceivableincreasedby$2Accountspayableincreasedby$8Patentamortizationfortheyearwas$14Amortizationofpremiumonbondspayablefortheyearwas$4600.Preparethecashflowsfromoperatingactivitiessectionofastatementofcashflowsundertheindirectmethod.DeterminingRevenueandCapitalExpendituresThecontrollerforXYZCo.AsksyoutoreviewtheRepairandMaintenanceExpensesacc