TheLedgerAccountsJournalsAdjustingEntriesClosingTheAccountsSection

1TheLedgerAccountsPart1

WorkplaceSpokenEnglish

FollowtheSamplesDialogue1Section1TheLedgerAccountsA：Lucy,I’vegotthenoteyouleftforme.I’dliketoknowmoreaboutMrs.White’saccounts.B：Whatwouldyouliketoknow?A：Whatishercreditlimit?B：$500.A：Howmuchdidshebuyourproductsoncredit?B：Theledgershowsthatsheboughtourproductsfor$450oncreditonJanuary5th.Wereceivedapartialpayment$150incashfromheronFebruary1st.Butwehavereceivednomorecashfromhersincethen.A：That’sreallybad.Thankyou,Lucy.I’llseewhatIcando.B：Thankyou,Wilson.Wishyougoodluck.Part1

WorkplaceSpokenEnglish1.FollowtheSamplesDialogue2Section1TheLedgerAccountsA：Welcometotoday’sAccountants’World.OurguesttodayisLucyCatherinefromB&CLtd.Hello,Lucy.B：Hello,Wilson.A：Lucy,canyoutellushowmanyaccountantsB&Chas?B：B&Chas5accountants.Eachhashisspecificresponsibilitiesforthecompany.A：Whatisyourmainresponsibility?B：ThisismyfirstyearinB&Caftergraduation.Istartwithbasicwork,suchasrecordingtransactions,preparingaccounts.A：Whatisanaccount?B：Itisanaccountingformthatisusedtorecordtheincreasesanddecreasesineachfinancialstatementitem.···CompletethedialogueaccordingtotheChinesehints·最簡(jiǎn)單的賬戶形式是什么？但是T型帳主要用于說明用途。_______________________________________________________________________________Part1

WorkplaceSpokenEnglishSection1TheLedgerAccounts2.PutinUse12_______________________________________________________________________________計(jì)入賬戶右邊的金額被計(jì)作貸記。_______________________________________________________________________________3定期的將賬戶的借方和貸方想家，就確定了賬戶的余額。在會(huì)計(jì)實(shí)踐中怎樣處理資產(chǎn)，負(fù)債和所有者權(quán)益的變化？_______________________________________________________________________________Part1

WorkplaceSpokenEnglishSection1TheLedgerAccounts2.PutinUse45_______________________________________________________________________________同樣的，所有者權(quán)益的增加被顯示在所有者權(quán)益賬戶的貸方。_______________________________________________________________________________6Part2

IntensiveReadingSection1TheLedgerAccounts

TheledgerAccountsNewWordsandSpecialTerms1.

term[t??m]

v.

把……稱為2.dual['dju??l]

a.

雙重的3.conversely['k?nv??sl?]

ad.

相反地4.

identical[a?'dent?kl]

a.

相同的，同一的5.

installation[;?nst?'le??n]

n.

安裝6.

bill[b?l]

v.

給……開賬單7.

determine[d?'t??m?n]

v.

決定8.

journal['d???nl]

n.

日記賬9.

achartofaccounts

賬戶一覽表10.

accountingrule

Part2

IntensiveReadingSection1TheLedgerAccounts

TheledgerAccountsNewWordsandSpecialTerms11.

dualeffect

雙重影響12.

installationservice

安裝服務(wù)13.

relevantdetails

相關(guān)信息14.

completestructure

完整的結(jié)構(gòu)15.

explanationspace摘要欄16.

referencecolumn

過賬記號(hào)欄17.

ledgeraccount

分類賬18.

accountreceivable

應(yīng)收賬款Part2

IntensiveReadingSection1TheLedgerAccounts

TheledgerAccountsExercisesI.Answerthefollowingquestionsaccordingtothepassage.1.Whatisthestructureofaledgersystem?

2.Whatisthechartofaccounts?

3.Whatistheeffectofeachtransaction?

4.OnwhichsideshoulddecreasesinassetsbeenteredintheTaccount?

5.Onwhichsideshoulddecreasesinliabilitiesandowners’equitybeenteredintheTaccount?

————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————Part2

IntensiveReadingSection1TheLedgerAccounts

TheledgerAccountsExercisesII.Completethefollowingstatementsaccordingtothepassage.1.Theledgerisasystemwhichisusedtorecordchangesinthe________________ofabusiness.2.Thecustomofhavingdebitsonthe________________sideofanaccountandcreditsonthe________________sideisanaccountingrule.Thisruleappliestoallaccounts.3.Increasesinliabilitiesandowners’equitymustbeenteredonthe__________________.4.ATaccountishelpfulinshowingtheeffectsoftransactionsandeventsonaccounts.TheTaccountgetsitsnamefrom________________.5.Inpractice,accountingsystemsneedmorecompletestructuresuchasarunningbalancecolumn.Thus,mostcompaniesuse________________torecordtheeffectsoftransactionsoneachaccount.6.________________intheaccountisdeterminedaftereachtransactionispostedfromthejournaltotheledgeraccount.Part2

IntensiveReadingSection1TheLedgerAccountsTheledgerAccountsExercisesIII.Matchthefollowingphraseswiththeirmeanings.1.ledgeraccount

雙重影響2.explanationspace

安裝服務(wù)3.accountingrule

摘要欄4.

relevantdetails

賬戶一覽表5.

dualeffect

相關(guān)信息6.achartofaccounts 分類賬7.accountreceivable 會(huì)計(jì)規(guī)則8.installationservice 過賬記號(hào)欄9.completestructure 應(yīng)收賬款10.referencecolumn 完整的結(jié)構(gòu)

Part2

IntensiveReadingSection1TheLedgerAccounts

TheledgerAccountsExercisesIV.Fillintheblankswiththewordsgivenbelow,andchangetheformwhennecessary.transactionbalancesumtwo-columnitemrecordaccountgeneralsubsidiarysummarizeThe________ledgeristheprincipalledgerofafirm,whichcontainsallsheetsandincomestatementaccounts.Incasualusetheaccountsoftentaketheformofsimple________Taccounts.Intheformalrecordsofthecompanytheymaycontainathirdcolumntodisplaytheaccount________.Every________ofthecompanyflowsthroughthegeneralledger.These________remainasapermanenttrackofthehistoryofallfinancialtransactionssincethefirstdayofthelifeofyourcompany.The________ledgerisaseparaterecordsetuptorecordtheindividualitemsrelatingtoasinglegeneralledger________(controlaccount).Eachsubsidiaryledgerisrepresentedinthegeneralledgerbya________account,calledacontrollingaccount.Thebalanceinthecontrollingaccountsmustequalthe________ofthebalancesinthesubsidiaryledgers.Youraccountingsystemwillhaveanumberofsubsidiaryledgersfor________suchasreceivable,accountspayableandrawmaterials.Part2

IntensiveReadingSection1TheLedgerAccounts

TheledgerAccountsExercisesV.TranslatethefollowingsentencesintoChinese.————————————————————————————————————Whilemostcompanies’ledgerscontainsimilaraccounts,acompanyoftenusesoneormoreuniqueaccountsbecauseofitstypeofoperations.————————————————————————————————————2.Therearetwotypesofledgers—generalandsubsidiary.Ageneralledgercontainsaspecificaccountforeachitemlistedonthefinancialstatementsandshowshoweachtransactionchangesthebalancesoftheseaccounts.————————————————————————————————————3.Generally,blocksofnumbersareassignedtovariousgroupsofaccounts.Asmallbusinessmightuseathree-digitnumberingsystem.Part2

IntensiveReadingSection1TheLedgerAccounts

TheledgerAccountsExercisesV.TranslatethefollowingsentencesintoChinese.————————————————————————————————————4.Furthersimplificationofthegeneralledgerisbroughtaboutbytheuseofsubsidiaryledger.Inparticular,forthosebusinesseswhichsellgoodsoncreditandwhichfinditnecessarytomaintainaseparateaccountwitheachcustomer,theuseofasubsidiaryaccountsreceivableledgereliminatestheneedtomakemultipleentriesinthegeneralledger.————————————————————————————————————5.Thesubsidiaryledgerandcontrolaccounttechniquemaybeappliedsimilarlytotransactionswithcreditorsandothergroupsofrelatedaccounts,detailedinformationconcerningwhichisnotrequiredinthegeneralledger.Part2

IntensiveReadingSection1TheLedgerAccounts

TheledgerAccountsExercisesVI.Caseproblems.Thefollowingjournalentriesaffectatotalofsevendifferentaccounts.PleasepostthemtotheTaccountsofthegeneralledger.2.Postthegeneralledgerabout“cash’and“accountspayable”accordingtothejournalentries.abusinessentity

一個(gè)經(jīng)濟(jì)實(shí)體blocksofnumbers

數(shù)字段inalphabeticalsequence

按字母順序Part3ExtensiveReadingSection1TheLedgerAccountsGeneralLedgerandSubsidiaryLedgerSpecialTermsSection2JournalsPart1WorkplaceSpokenEnglishSection2Journals

1.FollowtheSamplesDialogue1A：Lucy,inpractice,howdoyoudoyourwork?B：Iusejournals.Youknow,iftransactionsarerecordeddirectlyintheaccounts,itisdifficulttoascertaintheentireeffectsofanytransactiononabusinessbylookingattheaccounts.A：Whatwouldyoudotodealwithit?B：Toremedythisdeficiency,Iuseabookorarecordknownasajournal.Itcontainsachronologicalrecordofthetransactionsofabusiness.A：Doyoumakemistakesinrecordingthefinancialaffairsofthebusiness?B：Occasionally.ButIhavetomakesurethatthesereportscontainnoerrors,becausemanagementwillusethefinancialstatementstomakedecisions.A：Whatdoyoudotoensureaccuracy?B：Beforepreparingthestatements,Iwilltesttheaccuracyoftheamountsthatwererecordedduringtheperiod.Part1WorkplaceSpokenEnglishSection2Journals

1.FollowtheSamplesDialogue2A：TodayI’mgoingtoteachyouhowtodothedailysummaryofsales.B：Willthatbeanotheroneofmydutiesasthenewassistantmanager?A：You’lldoitifI’mnotheretodoitmyself.B：Well,whatisdailysummaryofsales?A：Thedailysummaryofsalesishowabusinesscancomparereceiptsagainstcashreceived.It’showabusinesscankeeptrackofdailysales.B：Whichpartsdoesthedailysummaryofsalesconsistof?A：Thedailycashsummaryismadeupofthreedifferentparts:thecashreceipts,thecashonhand,andthetotalsales.B：Whatisthepurposeofdailysummaryofsales?A：Itisagoodwaytomakesureyouhaveallthemoneyyoushouldhaveattheendofthedayinastore.Itwillalsoshowhowmuchmoneyisowedforpurchasesalreadymadeonthatday.Part1WorkplaceSpokenEnglishSection2Journals

2.PutinUse···CompletethedialogueaccordingtotheChinesehints·一筆交易發(fā)生后，你如何處理簿記?日記賬有的時(shí)候被稱為原始分錄記錄。_______________________________________________________________________________12_______________________________________________________________________________Part1WorkplaceSpokenEnglishSection2Journals

2.PutinUse只要有可能，日記賬分錄的說明就應(yīng)該包括原始憑證號(hào)碼以便建立一個(gè)審計(jì)線索。審計(jì)線索有助于會(huì)計(jì)發(fā)現(xiàn)系統(tǒng)中錯(cuò)誤的位置。_______________________________________________________________________________45_______________________________________________________________________________每筆分錄提供了一筆交易的書面分析。_______________________________________________________________________________3Part2IntensiveReadingSection2Journals

JournalsNewWordsandSpecialTerms1.chronological[;kr?n?'l?d??kl]

a. 按年代順序排列的2.disclose[d?s'kl??z]

v.揭露；透露3.respective[r?'spekt?v]

a. 分別的，各自的4.necessitate[n?'ses?te?t]

v. 使成為必要，需要5.enter['ent?]

v. 記錄6.column['k?l?m]

n. 專欄7.register['red??st?]

n.登記，注冊(cè)8.procedure[pr?'si?d??]

n.程序，手續(xù)9.appropriate[?'pr??pr??t]

a.適當(dāng)?shù)模‘?dāng)?shù)?0.originalentry 原始登記11.chronologicalrecord 按時(shí)間順序的記錄12.sourcedocument

原始憑證13.generaljournal 通用日記賬14.specialjournal 特種日記賬Part2

IntensiveReadingNewWordsandSpecialTerms15.salesslip 銷售單16.purchaseinvoice 購買發(fā)票17.cashregistertape 收銀機(jī)記錄單18.postingreference 過賬記號(hào)19.subsidiaryaccount 明細(xì)賬戶20.controlaccount 統(tǒng)制賬戶21.checkregister 支票登記簿22.cashreceiptsjournal 現(xiàn)金收入日記賬23.cashpaymentsjournal 現(xiàn)金支出日記賬24.salesjournal 銷貨日記賬25.purchasesjournal 購貨日記賬26.salesreturnsandallowancesjournal

銷售退回與折讓日記賬27.purchasesreturnsandallowancesjournal 購貨退回與折讓日記賬28.costofgoodssold 銷貨成本Section2Journals

JournalsPart2

IntensiveReadingExercisesI.Answerthefollowingquestionsaccordingtothepassage.Section2Journals

Journals————————————————————————————————————1.Whatshouldwedoshortlyafteratransactiontakeplace?————————————————————————————————————2.Whatarethefunctionsofjournal?————————————————————————————————————3.Howmanytypesofjournalarethere?Whatarethey?Part2

IntensiveReadingExercisesI.Answerthefollowingquestionsaccordingtothepassage.Section2Journals

Journals————————————————————————————————————4.Whatkindofdocumentsdomostjournalentriesdependonwhentheyaremade?————————————————————————————————————5.Whichpartsareincludedinacompletejournal?Part2

IntensiveReadingExercisesII.Completethefollowingstatementsaccordingtothepassage.Section2Journals

Journals1.Foreachtransaction,itshowsthedebitandcrediteffectson________________.2.Alltheothertransactionsthatcannotberecordedinaspecialjournalarerecordedin________________.3.Theaccountantshouldanalyze________________todeterminetheeffectofeachtransactiononspecificaccounts.4.Acompletejournalentrygivesusa________________ofthetransactionanditseffectsonthebusiness.5.Theprocedureoftransferringentriesfromthejournaltotheledgeraccountsisreferredtoas________________.6.Thereferencecolumnofaledgeraccountindicates________________ofjournalfromwhichthetransactionwasposted.Part2

IntensiveReadingExercisesIII.Matchthefollowingphraseswiththeirmeanings.1.costofgoodssold現(xiàn)金收入日記賬2.salesjournal 現(xiàn)金支出日記賬3.purchasesjournal支票登記簿4.checkregister統(tǒng)制賬戶5.salesreturnsandallowancesjournal

購貨退回與折讓日記賬6.subsidiaryaccount 銷貨日記賬7.cashpaymentsjournal購貨日記賬8.controlaccount 銷貨成本9.cashreceiptsjournal 明細(xì)賬戶10.purchasesreturnsandallowancesjournal 銷售退回與折讓日記賬Section2Journals

JournalsPart2

IntensiveReadingExercisesIV.Fillintheblankswiththewordsgivenbelow,andchangetheformwhennecessary.accountentrycycletracecopyoriginalchronologicaljournalpostaffectSection2Journals

JournalsThefirststepintheaccounting_______isanalyzingtransactions.Thenextformalstepintheprocessingoffinancialstatementsisrecordingthetransactionsina_______,orjournalizing.Thenwewilllearnthepracticeofjournalizingand_______transactions.Ajournal_______canbeseenasaninstructiontochangethebalanceofaccounts.Alltransactionsinvolveatleasttwo_______.Whenmorethantwoaccountsare_______,itiscalledacompoundjournalentry.Thegeneraljournalisabookof_______entrythatlinksthedebitsandcreditsofindividualtransactionsbyprovidingacompleterecordofeachtransactioninoneplace,in_______order.Thedebitsandcreditsare_______fromthejournaltothebookoffinalentry(thegeneralledger).Thisprocedureisespeciallyhelpfulin_______debitsandcreditstoaccountswhenanerrorisdiscovered.Part2

IntensiveReadingExercisesV.TranslatethefollowingsentencesintoChinese.————————————————————————————————————Thesebusinessdocumentsarethestartingpointfortheflowofaccountinginformationthroughtheaccountingsystemintothefinancialstatements,althoughtransactionscouldbeentereddirectlyinledgeraccounts,itismuchmoreconvenientandefficientinamanualaccountingsystemtorecordtheinformationshownonbusinessdocumentsfirstinajournalandlatertotransferthedebitsandcreditstoledgeraccounts.————————————————————————————————————2.Thenatureofoperationsandthevolumeoftransactionsintheparticularbusinessdeterminethenumberandtypeofjournalneeded.Section2Journals

JournalsPart2

IntensiveReadingExercisesV.TranslatethefollowingsentencesintoChinese.————————————————————————————————————3.Theprocessofrecordingatransactioninajournaliscalledjournalizingthetransaction.————————————————————————————————————4.Sinceequaldollaramountsofdebitandcreditsareenteredintheamountsforeverytransactionrecorded,thesumofallthedebitsintheledgermustbeequaltothesumofallthecredits.Section2Journals

Journals————————————————————————————————————5.Beforeusingtheaccountbalancestoprepareabalancesheet,itisdesirabletoprovethatthetotalofaccountswithdebitbalanceisinfactequaltothetotalofaccountswithcreditbalance.Part2

IntensiveReadingSection2Journals

JournalsExercisesVI.Caseproblems.Required：1.Makethejournalentriesforeachtransactioninthegeneraljournalshownbelow.2.Postthejournalentriestoledgeraccounts,useTaccounts.3.PrepareatrialbalanceasonJanuary20,2015.

GENERALJOURNALJ1DateAccountTitlesandExplanationRef.DebitCreditunadjustedtrialbalance 調(diào)整前試算平衡表netamount 凈額relevantto 與……相關(guān)cashreceiptsjournal 現(xiàn)金收入日記賬cashpaymentsjournal 現(xiàn)金支出日記賬purchasesjournal 采購日記賬Part3ExtensiveReadingTheJournalEntriesSpecialTermsSection2JournalsSection3AdjustingEntriesPart1WorkplaceSpokenEnglishSection3AdjustingEntries

1.FollowtheSamplesDialogue1A：Mr.Wilson,couldyoupleaseintroducetheadjustingentriesindetail?B：OK.Fourbasicitemsrequireadjustingentries.Thefirsttwoitemsaredeferrals（延期）.Thesecondtwoitemsareaccruals（應(yīng)計(jì)）.A：Whataredeferredexpensesandaccruedexpenses?B：Deferredexpensesareitemsthathavebeeninitiallyrecordedasassetsbutareexpectedtobecomeexpensesovertime.Accruedexpensesareexpensesthathavebeenincurredbuthavenotbeenrecordedintheaccounts.A：Howaredeferralsandaccrualscreated?B：Deferralsarecreatedbyrecordingatransactioninawaythatdeferstherecognitionofanexpenseorarevenue.Accrualsarecreatedbyanunrecordedexpensethathasbeenincurredoranunrecordedrevenuethathasbeenearned.A：Howdoyoutellthedifferencebetweendeferralsandaccruals?B：Itdependsonwhencashisreceivedorpaid.Ifcashisreceivedorpaidinthecurrentperiod,buttherevenueorexpenserelatestoafutureperiod,therevenueorexpenseisadeferreditem.Ifcashwillnotbereceivedorpaid,buttherevenueorexpenserelatestothecurrentperiod,therevenueorexpenseisanaccrueditem.Part1WorkplaceSpokenEnglishSection3AdjustingEntries

1.FollowtheSamplesDialogue2A：ThebalanceinNetway’ssuppliesaccountonDecember31is$2000.SomeofthesesupplieswereusedduringDecember,andsomearestillonhand.Isitnecessarytokeepadailyrecordofthoseused?B：No.Itisnormallyeasiertodeterminethecostofthesuppliesonhandattheendofthemonththanitistokeepadailyrecordofthoseused.AssumingthatonDecember31theamountofsuppliesonhandis$760,theamounttobetransferredfromtheassetaccounttotheexpenseaccountis$1240.A：Hence,thesuppliesexpenseaccountshouldbedebitedfor$1240,andsuppliesaccountshouldbecreditedfor$1240torecordthesuppliesusedduringDecember?B：That’sright.Now,thesuppliesaccounthasadebitbalanceof$760.Thisbalancerepresentsanassetthatwillbecomeanexpenseinafutureperiod.Part1WorkplaceSpokenEnglish

2.PutinUse···CompletethedialogueaccordingtotheChinesehints·您能告訴我什么是折舊嗎？折舊是資產(chǎn)隨著老化和經(jīng)歷磨損(wearandtear)所產(chǎn)生的價(jià)值損失。_______________________________________________________________________________12_______________________________________________________________________________你擁有一輛汽車的時(shí)間越長，它的價(jià)值就越低。_______________________________________________________________________________3Section3AdjustingEntriesPart1WorkplaceSpokenEnglish

2.PutinUse折舊像其他費(fèi)用一樣從收入中扣除。你如何計(jì)算資產(chǎn)折舊。_______________________________________________________________________________45_______________________________________________________________________________余額遞減法。_______________________________________________________________________________6Section3AdjustingEntries在資產(chǎn)使用年限內(nèi)每年從中扣除一定百分比的遞減值。_______________________________________________________________________________7Part2IntensiveReadingAdjustingProceduresNewWordsandSpecialTerms1.incur[?n'k??]

v.

帶來，得到2.reflect[r?'flekt]

v.

反映，表現(xiàn)3.comparability[k?mp?r?'b?l?t?]

n.

可比性4.essential[?'sen?l] a.

必要的，本質(zhì)的5.extend[?k'stend] v.

延長，延續(xù)6.defer[d?'f??] v.

推遲，延期7.insurance[?n'???r?ns] n.

保險(xiǎn)8.supply[s?'pla?] n.

辦公用品9.depreciation[d?;pri???'e??n] a.

資產(chǎn)折舊10.premium['pri?m??m] n.

保險(xiǎn)金，獎(jiǎng)金11.represent[;repr?'zent] v.

表示，代表12.consult[k?n's?lt] v.

請(qǐng)教，咨詢13.obligation[;?bl?'ge???n] n.

義務(wù)，職責(zé)14.payroll['pe?r??l] n.

工資清單Section3AdjustingEntriesPart2

IntensiveReadingNewWordsandSpecialTerms15.render['rend?(r)]v.給予，提供16.accrualbasisaccounting 權(quán)責(zé)發(fā)生制17.cashbasisaccounting

現(xiàn)金收付實(shí)現(xiàn)制18.accountbalance

賬戶余額19.adjustingentries

調(diào)整分錄20.balance-day

結(jié)算日21.prepaid(deferred)expenses

預(yù)付（遞延）費(fèi)用22.unearned(deferred)revenues預(yù)收（遞延）收入23.accruedexpenses

應(yīng)計(jì)費(fèi)用24.accruedrevenues

應(yīng)計(jì)收入25.advancepayment

預(yù)付款26.fixedfee

固定費(fèi)用Section3AdjustingEntries

AdjustingProceduresPart2

IntensiveReadingExercisesI.Answerthefollowingquestionsaccordingtothepassage.Section3AdjustingEntries

AdjustingProcedures1.Accordingtoaccrualbasisaccounting,howshouldwerecognizerevenuesandexpenses?

2.Whatistheessenceofaccrualbasisaccounting?

3.Whatareunearnedrevenues?

4.Whatisthepurposeofadjustingentry?

5.Whatareaccruedexpenses?

————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————Part2

IntensiveReadingExercisesII.Completethefollowingstatementsaccordingtothepassage.Section3AdjustingEntries

AdjustingProcedures1.However,__________________recognizesrevenueswhencashisreceivedandrecordsexpenseswhencashispaid.2.

Itiscommonlyheldthataccrualaccountingbetter__________________businessperformancethaninformationaboutcashreceiptsandpayments.3.

Theentriestobemadeonthebalancedayarecalled__________________.4.

Prepaidexpensesrefertoitemspaidfor__________________ofreceivingtheirbenefits.5.

__________________willbepostedtoledgeraccountslikeanyotherentry.6.Adjustingentriesforrecordingaccruedexpensesinvolve__________________andincreasingliabilities.Part2

IntensiveReadingExercisesIII.Matchthefollowingphraseswiththeirmeanings.1.accruedrevenues

權(quán)責(zé)發(fā)生制2.balance-day

現(xiàn)金收付實(shí)現(xiàn)制3.advancepayment

賬戶余額4.unearned(deferred)revenues

預(yù)付款5.accrualbasisaccounting

預(yù)收（遞延）收入6.cashbasisaccounting

結(jié)算日7.adjustingentries

應(yīng)計(jì)費(fèi)用8.prepaid(deferred)expenses

應(yīng)計(jì)收入9.accruedexpenses

預(yù)付（遞延）費(fèi)用10.accountbalance

調(diào)整分錄Section3AdjustingEntriesAdjustingProceduresPart2

IntensiveReadingSection3

AdjustingEntries

AdjustingProceduresExercisesIV.Fillintheblankswiththewordsgivenbelow,andchangetheformwhennecessary.record

revenuerecognitionaccountantincome

timeearn

conceptadjust

accrualInanaccrualaccountingsystem,thereareoften_______differencesbetweencashflowsandthe_______ofexpenseorrevenue.Acompanymaypaycashinadvance:certainexpensesorreceivecashbeforerevenuehasbeen_______.Likewise,itcanincurcertainexpensesbeforepayinganycashoritcanearnrevenuebeforeanycashisreceived.Keepinmindtwoimportantcharacteristicsofall_______entries:First,everyadjustinginvolvestherecognitionofeither_______orexpenses.Everyadjustingentryaffectsbothan_______statementaccount(revenueorexpense)andabalancesheetaccount(assetorliability).RarelydoadjustingentriesincludeanentrytoCash.Second,adjustingentriesarebasedonconceptsof_______accounting,notuponmonthlybillsormonth-endtransactions.Makingadjustingentriesrequiresagr