國(guó)際會(huì)計(jì)雙語期末復(fù)習(xí)

1、Chap 11. The amounts of the assets and liabilities of Chickadee Travel Service at April 30, 2006, the end of the current year, and its revenue and expenses for the year are listed below. The capital of Adam Cellini, owner, was $50,000 at May 1, 2005, the beginning of the current year, and the owner

2、withdrew $30,000 during the current year.Accounts payable $ 12,200 Supplies $ 3,350Accounts receivable 31,350 Supplies expense 7,100Cash 53,050 Taxes expense 5,600Fees earned 263,200 Utilities expense 22,500Miscellaneous expense 2,950 Wages expense 131,700Rent expense 37,800Instructions1. Prepare an

3、 income statement for the current year ended April 30, 2006.2. Prepare a statement of owners equity for the current year ended April 30, 2006.3. Prepare a balance sheet as of April 30, 2006.答案：1.CHICKADEE TRAVEL SERVICEIncome Statement For the Year Ended April 30, 2006Fees earned $263,200 Expenses:W

4、ages expense $131,700 Rent expense 37,800 Utilities expense 22,500 Supplies expense 7,100 Taxes expense 5,600 Miscellaneous expense 2,950 Total expenses 207,650 Net income $55,550 2.CHICKADEE TRAVEL SERVICEStatement of Owners EquityAdam Cellinic, capital, May 1, 20092005 $50,000 Net income for the y

5、ear $55,550 Less withdrawals 30,000 Increase in owners equity 25,550 Adam Cellinic, capital, April 30, 2006 $75,550 3.CHICKADEE TRAVEL SERVICEBalance Sheet April 30,2006AssetsLiabilitiesCash $53,050 Accounts payable $12,200 Accounts receivable 3,150 Supplies 3,350 Owners Equity $ 75,550Total assets

6、$87,750 Total liabilities and owners equity $87,750 Chap 21. The Zuni Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Gayle McCall, Capital; Gayle McCall, Drawing; Fees Earned; Rent Expense; Advertising Expense; Utilities Expense

7、; Miscellaneous Expense.Journalize the following selected transactions for August 2005 in a two-column journal. Journal entry explanations may be omitted.August 1. Paid rent for the month, $1,500.2. Paid advertising expense, $700.4. Paid cash for supplies, $1,050.6. Purchased office equipment on acc

8、ount, $7,500.8. Received cash from customers on account, $3,600.12. Paid creditor on account, $1,150.20. Withdrew cash for personal use, $1,000.25. Paid cash for repairs to office equipment, $500.30. Paid telephone bill for the month, $195.31. Fees earned and billed to customers for the month, $10,1

9、50.31. Paid electricity bill for the month, $380.答案：2005 August 1. Rent Expense. 1500 Cash. 1500 2. Advertising Expense. . 700 Cash. 700 4. Supplies. 1050 Cash. 1050 6. Office Equipment. 7500Accounts Payable.75008. Cash. 3600 Accounts Receivable. 3600 12. Accounts Payable. . 1150 Cash. 115020. Gayle

10、 McCall, Drawing. 1000 Cash. .100025. Miscellaneous Expense. 500 Cash. 500 30. Utilities Expense. .195 Cash. 195 31. Cash. . 10150 Fees Earned. 10150 31. Utilities Expense. 380 Cash. 380 Chapter 3 The Matching Concept and the Adjusting Process PROBLEM 3-5AGreco Service Co., which specializes in appl

11、iance repair services, is owned and operatedby Curtis Loomis. Greco Service Co.s accounting clerk prepared the followingtrial balance at December 31, 2006:Greco Service Co.Trial Balance December 31, 2006 Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

12、 . . . . 4,200Accounts Receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,600Prepaid Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,000Supplies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13、. . . . . . . . . . . . . . 1,450Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100,000Building . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 161,500Accumulated DepreciationBuilding . . . . .

14、. . . . . . . . . . . . . . . . . . . . . 75,700Equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,100Accumulated DepreciationEquipment . . . . . . . . . . . . . . . . . . . . . . . . 35,300Accounts Payable . . . . . . . . . . . . . . . . . . . .

15、 . . . . . . . . . . . . . . . . . . . . . 7,500Unearned Rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,200Curtis Loomis, Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 157,100Curtis Loomis, Drawing . . . . . . . . . .

16、. . . . . . . . . . . . . . . . . . . . . . . . . . 5,000Fees Earned . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 257,200Salaries and Wages Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 101,800Utilities Expense . . . . . . . .

17、. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28,200Advertising Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,000Repairs Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,100Miscellaneous Ex

18、pense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,050 540,000 540,000The data needed to determine year-end adjustments are as follows:a. Depreciation of building for the year, $3,600.b. Depreciation of equipment for the year, $2,400.c. Accrued salaries and wages at De

19、cember 31, $2,170.d. Unexpired insurance at December 31, $3,500.e. Fees earned but unbilled on December 31, $4,350.f. Supplies on hand at December 31, $375.g. Rent unearned at December 31, $2,800.Instructions1. Journalize the adjusting entries. Add additional accounts as needed.2. Determine the bala

20、nces of the accounts affected by the adjusting entries and preparean adjusted trial balance.答案:1.a.Depreciation Expense - Building 3,600 Accumulated Depreciation - Building 3,600 b.Depreciation Expense - Equipment 2,400 Accumulated Depreciation - Equipment 2,400 c.Salaries and Wages Expense 2,170 Sa

21、laries and Wages Payable 2,170 d.Insurance Expense 2,500 Prepaid Insurance 2,500 e.Accounts Receivable 4,350 Fees Earned 4,350 f.Supplies Expense 1,075 Supplies 1,075 g.Unearned Rent 4,400 Rent Revenue 4,400 2.GRECO SERVICES CO.Adjusted Trial BalanceDecember 31, 2006Cash 4,200 Accounts Receivable 24

22、,950 Prepaid Insurance 3,500 Supplies 375 Land 100,000 Building 161,500 Accumulated Depreciation - Building 79,300 Equipment 80,100 Accumulated Depreciation - Equipment 37,700 Accounts Payable 7,500 Salaries and Wages Payable 2,170 Unearned Rent 2,800 Cindy Latty, Capital 157,100 Cindy Latty, Drawin

23、g 5,000 Fees Earned 261,550 Rent Revenue 4,400 Salaries and Wages Expense 103,970 Utilities Expense 28,200 Advertising Expense 15,000 Repairs Expense 12,100 Depreciation Expense - Equipment 2,400 Insurance Expense 2,500 Depreciation Expense - Building 3,600 Supplies Expense 1,075 Miscellaneous Expen

24、se 4,050 552,520 552,520 Chapter 4 Completing the Accounting Cycle 1. Ithaca Services Co. offers cleaning services to business clients. Complete the following work sheet for Ithaca Services Co，and prepare an income statement, statement of owners equity, balance sheet, and the closing entries for Ith

25、aca Services Co.Ithaca Services Co.Work SheetFor the Year Ended January 31, 2006Account TitleAdjustedTrial BalanceIncomeStatementBalance SheetDr.Cr.Dr.Cr.Dr.Cr.Cash8Accounts Receivable 57Supplies 3Prepaid Insurance6Land 50Equipment 32Accumulated Depr.Equip. 7Accounts Payable 26Wages Payable 1Terry D

26、agley, Capital 112Terry Dagley, Drawing 8Fees Earned 67Wages Expense 17Rent Expense 8Insurance Expense6Utilities Expense 6Depreciation Expense 5Supplies Expense 5Miscellaneous Expense 2Totals 213213Net income (loss)答案：ITHACA SERVICES CO. Income Statement For the Year Ended January 31, 2006 Fees earn

27、ed. . $67 Expenses: Wages expense. $17 Rent expense. 8 Insurance expense. 6 Utilities expense. 6 Supplies expense. 5 Depreciation expense. 5 Miscellaneous expense. 2Total expenses. . 49 Net income. . $ 18 ITHACA SERVICES CO. Statement of Owners Equity For the Year Ended January 31, 2006 Terry Dagley

28、, capital, . . $112Net income for the year. $18 Less withdrawals. 8 Increase in owners equity. . 10 Terry Dagley, capital, October 31, 2010. . $122 ITHACA SERVICES CO. Balance Sheet January 31, 2006 Assets Liabilities Current assets: Current liabilities: Cash. $ 8 Accounts payable. $26Accounts recei

29、vable. 57 Wages payable. . 1 Supplies. 3 Total liabilities. $ 27 Prepaid insurance. 6 Total current assets. $ 74 Property, plant, and equipment: Land. $ 50 Equipment.$32 Less accum. depr. 7 Owners Equity Total property, plant, Terry Dagley, capital. 122 and equipment. .75 Total liabilities and Total

30、 assets. . $149 owners equity. $1492006 Jan. 31 Fees Earned. 67 Income Summary. 67 31 Income Summary.49 Wages Expense. 17 Rent Expense.8 Insurance Expense. 6 Utilities Expense. 6 Supplies Expense. 5Depreciation Expense. 5 Miscellaneous Expense. 2 31 Income Summary. 18 Terry Dagley, Capital. 18 31 Gl

31、oria Millard, Capital. 8 Terry Dagley, Drawing.8Chapter 6 Accounting for Merchandising BusinessesPROBLEM 6-5AThe following were selected from among the transactions completed by Ingress Company during January of the current year:Jan. 3. Purchased merchandise on account from Pynn Co., list price $16,

32、000, trade discount 35%, terms FOB shipping point, 2/10, n/30, with prepaid transportation costs of $320 added to the invoice.5. Purchased merchandise on account from Wilhelm Co., $8,000, terms FOB destination, 1/10, n/30.6. Sold merchandise on account to Sievert Co., list price $12,500, trade disco

33、unt 40%, terms 2/10, n/30. The cost of the merchandise sold was $4,500.7. Returned $1,800 of merchandise purchased on January 5 from Wilhelm Co.13. Paid Pynn Co. on account for purchase of January 3, less discount.15. Paid Wilhelm Co. on account for purchase of January 5, less return of January 7 an

34、d discount.16. Received cash on account from sale of January 6 to Sievert Co., less discount.19. Sold merchandise on nonbank credit cards and reported accounts to the card company, American Express, $6,450. The cost of the merchandise sold was $3,950.22. Sold merchandise on account to Elk River Co.,

35、 $3,480, terms 2/10, n/30. The cost of the merchandise sold was $1,400.23. Sold merchandise for cash, $9,350. The cost of the merchandise sold was $5,750.25. Received merchandise returned by Elk River Co. from sale on January 22, $1,480. The cost of the returned merchandise was $600.31. Received cas

36、h from American Express for nonbank credit card sales of January 19, less $225 service fee.InstructionsJournalize the transactions.答案：1.Jan. 3 Merchandise Inventory. 10,720 Accounts PayablePynn Co. . 10,720 $16,000 ($16,000 35%) = $10,400; $10,400 + $320 = $10,720.5 Merchandise Inventory. 8,000 Acco

37、unts PayableWilhelm Co. . . 8,0006 Accounts ReceivableSievert Co. . 7,500 Sales . 7,500 $12,500 ($12,500 40%) = $7,5006 Cost of Merchandise Sold. 4,500 Merchandise Inventory . . 4,5007 Accounts PayableWilhelm Co. . 1,800 Merchandise Inventory . . 1,80013 Accounts PayablePynn Co. . 10,720 Cash. . 10,

38、512 Merchandise Inventory. 20815 Accounts PayableWilhelm Co. . 6,200 Cash. .6,138 Merchandise Inventory. 6216 Cash. 7,350 Sales Discount .150 Accounts ReceivableSievert Co. . . 7,50019 Accounts Receivable-American Express . 6,450 Sales . . 6,45019 Cost of Merchandise Sold.3,950 Merchandise Inventory . .3,95022 Accounts ReceivableElk River