会计英语第四章作业教学提纲.doc

会计英语第四章作业

精品文档
Matching Questions

115. Match the following terms with the appropriate definition. 
1. Temporary accounts 
     Accounts that reflect on activities related to one or more future periods; they include all balance sheet accounts. 

2. Pro forma statements 
     Recurring steps performed each accounting period, starting with analyzing and recording of transactions in the journal and continuing through the post-closing trial balance (or reversing entries). 

3. Closing entries 
     Accounts that are used to record transactions and events for one accounting period only; they include revenues, expenses, and withdrawals. 

4. Work sheet 
     Analyses and other informal reports prepared by accountants when organizing the information presented in reports and financial statements. 

5. Accounting cycle 
     A temporary account used only in the closing process and to where the balances of revenue and expense accounts are transferred. 

6. Post-closing trial balance 
     A spreadsheet used to draft an unadjusted trial balance, adjusting entries, adjusted trial balance, and financial statements. 

7. Permanent accounts 
     Entries recorded at the end of each accounting period to transfer end-of-period balances in revenue, expense, and withdrawals accounts to the permanent owner's capital account. 

8. Operating cycle of a business 
     A list of permanent accounts and their balances from the ledger after all closing entries are journalized and posted. 

9. Income summary 
     The time span from when cash is used to acquire goods and services until cash is received from the sale of those goods and services. 

10. Working papers 
     Statements that show the effects of proposed transactions as if the transactions had already occurred. 

 136. The unadjusted trial balance of E. Pace, Consultant is entered on the partial work sheet below. Complete the work sheet using the following information:

(a) Salaries earned by employees that are unpaid and unrecorded, $500.
(b) An inventory of supplies showed $800 of unused supplies still on hand.
(c) Depreciation on equipment, $1,300.

138. Shown below are selected data taken from the unadjusted and adjusted trial balances for the Simonson Company for the current year ended December 31. Determine the items A through H below.

141. Following are selected accounts and their balances for a company after the adjustments as of May 31, the end of its fiscal year. (All accounts have normal balances.)

Prepare all the necessary closing entries for this company. 

收集于网络，如有侵权请联系管理员删除