財務(wù)會計專業(yè)英語課件7

1、chapter 3 balance sheetchapter 3 balance sheetP51-3.2.3business enterprisesP51-3.2.3business enterprise財務(wù)會計專業(yè)英語課件7subdivisions of owners equitysubdivisions of owners equityThe owner withdraws business assets for personal use.財務(wù)會計專業(yè)英語課件7Supplementary exercises for week 8Supplementary exercises for we

2、Flashy Fashions Pty Ltd is a small company in a coastal town. It rents its premises and its sales are all on credit. It has only three expenses: cost of goods sold, rent, and income tax. At the end of its previous finanical year, 30 September 2006, Flashys balance sheet was as follows.practice- Flas

3、hy Fashions Pty Ltd Flashy Fashions Pty Ltd is a 財務(wù)會計專業(yè)英語課件7During the year ended 30 September 2007, the following information was recorded in the companys accounts:revenue from credit sales $ 10 000collections from customers $9600purchases of inventory for sale $6100payments to suppliers $6300cost

4、of goods sold $6400rent charged by the landlord $2400rent paid to the landlord $2900income tax payable for the year $350cash dividends declared and paid to the shareholders $450During the year ended 30 Septepractice-transactions in Maypractice-transactions in May財務(wù)會計專業(yè)英語課件7Credit sales of $xxx. The

5、cost of the goods sold was $xxx.Paid accounts payable of $xxx.Purchased additional inventory for $xxx.Five staff attended a seminar on understanding financial statements. The total bill received was for $xxx.Received $xxx for an account receivable.Of the goods purchased on 6 May, goods which cost $x

6、xx were returned to the supplier as they were damaged.Credit sales of $xxx. The cost7. A local electrician carried out repairs. A cheque for $xxx was paid to the electrician.8. Cash sales of $xxx . cost of goods sold $xxx.9. Purchased land for $xxx cash and obtained a bank loan of $yyy. The bank hol

7、ds a first mortgage over the land.10. Paid the monthly wages bill of $xxx.11. Purchased equiptment for $xxx cash and agreeing to pay the remainder in two years time.12. Received the electricity bill of $xxx which covered the month of May. It will not be paid for another week.7. A local electrician carrie