會計學原理（英）知到智慧樹章節(jié)測試課后答案2024年秋寧波大學

會計學原理（英）知到智慧樹章節(jié)測試課后答案2024年秋寧波大學第一章單元測試

Thepurchaseofstoreequipmentforcashreducestheequitybyanequalamount.（）

A:對B:錯

答案:錯BumiCorporationpurchasedaninvestmentintheordinarysharesofanothercorporationforRp250,000,000in2018.ThesharesareactivelytradedontheIndonesianStockExchange.ThefairvalueoftheinvestmentatDecember31,2020isRp268,000,000.Ifthecompanyfollowsthefairvalueprinciple,theinvestmentwillbereportedinthe2020financialstatementat（）

A:Rp268,000,000ontheretainedearningsstatement.B:Rp268,000,000onthestatementoffinancialposition.C:Rp250,000,000ontheretainedearningsstatement.D:Rp250,000,000onthestatementoffinancialposition.

答案:Rp268,000,000onthestatementoffinancialposition.Theeconomicentityassumptionrequiresthattheactivities（）

A:mustbereportedtotheSecuritiesandExchangeCommission.B:ofanentitybekeptseparatefromtheactivitiesofitsowner.C:ofasoleproprietorshipcannotbedistinguishedfromthepersonaleconomiceventsofitsowners.D:ofdifferententitiescanbecombinedifalltheentitiesarecorporations.

答案:ofanentitybekeptseparatefromtheactivitiesofitsowner.Thebasicaccountingequationmaybeexpressedas（）

A:AssetsEquity=Liabilities.B:Assets=Liabilities+Equity.C:Alloftheseanswerchoicesarecorrect.D:Assets–Liabilities=Equity.

答案:Alloftheseanswerchoicesarecorrect.OnJune6,WingWahInc.purchasedsuppliesonaccountforHK$80,000.OnJune30,thecompanypaidhalfofthebalancedue.TheJune30paymentwill（）

A:decreaseSuppliesandincreaseSuppliesExpensebyHK$40,000.B:decreaseCashanddecreaseAccountsPayablebyHK$40,000.C:increaseCashanddecreaseAccountsReceivablebyHK$40,000.D:decreaseCashandincreaseSuppliesExpensebyHK$80,000.

答案:decreaseCashanddecreaseAccountsPayablebyHK$40,000.

第二章單元測試

Abusiness'ssourcedocuments:（）

A:Includetheledger.B:Provideobjectiveevidencethatatransactionhastakenplace.C:Includethechartofaccounts.D:Mustbeinelectronicform.

答案:Provideobjectiveevidencethatatransactionhastakenplace.Identifytheaccountbelowthatisclassifiedasanassetaccount:（）

A:AccountsPayableB:UnearnedRevenueC:SuppliesD:J.Jackson,Capital

答案:SuppliesLarryBaropenedaframeshopandcompletedthesetransactions:

（1）Larrystartedtheshopbyinvesting$40,000cashandequipmentvaluedat$18,000.

（2）Purchased$70ofofficesuppliesoncredit.

（3）Paid$1,200cashforthereceptionist'ssalary.

（4）Soldacustomframeserviceandcollected$1,500cashonthesale.

（5）Completedframingservicesandbilledtheclient$200.

Whatwasthebalanceofthecashaccountafterthesetransactionswereposted?（）

A:$40,300.B:$38,700.C:$41,500.D:$300.

答案:$40,300.OnJanuary1ofthecurrentyear,Jimmy'sSandwichCompanyreportedowner'scapitaltotaling

$122,500.Duringthecurrentyear,totalrevenueswere$96,000whiletotalexpenseswere$85,500.Also,duringthecurrentyearJimmywithdrew$20,000fromthecompany.Nootherchangesinequityoccurredduringtheyear.If,onDecember31ofthecurrentyear,totalassetsare$196,000,thechangeinowner'scapitalduringtheyearwas:（）

A:Anincreaseof$73,500.B:Anincreaseof$9,500.C:Adecreaseof$9,500.D:Adecreaseof$30,500.

答案:Adecreaseof$9,500.Whileintheprocessofpostingfromthejournaltotheledger,acompanyfailedtoposta$500debittotheEquipmentaccount.Theeffectofthiserrorwillbethat:（）

A:Thetrialbalancewillnotbalance.B:Theerrorwilloverstatethecreditslistedinthejournal.C:Thetotaldebitsinthetrialbalancewillbelargerthanthetotalcredits.D:Theerrorwilloverstatethedebitslistedinthejournal.

答案:Thetrialbalancewillnotbalance.

第三章單元測試

Underthecashbasisofaccounting,noadjustmentsaremadeforprepaid,unearned,andaccrueditems.（）

A:對B:錯

答案:對Whichofthefollowingstatementsisincorrect?（）

A:Adjustingentriescanbeusedtorecordbothaccruedexpensesandaccruedrevenues.B:Adjustmentstoprepaidexpensesandunearnedrevenuesinvolvepreviouslyrecordedassetsandliabilities.C:Adjustingentriesaffectonlybalancesheetaccounts.D:Prepaidexpenses,depreciation,andunearnedrevenuesoftenrequireadjustingentriestorecordtheeffectsofthepassageoftime.

答案:Adjustingentriesaffectonlybalancesheetaccounts.Acompanymadenoadjustingentryforaccruedandunpaidemployeewagesof$28,000onDecember31.Thisoversightwould:（）

A:Havenoeffectonnetincome.B:Overstatenetincomeby$28,000.C:Overstateassetsby$28,000.D:Understatenetincomeby$28,000.

答案:Overstatenetincomeby$28,000.Incurredbutunpaidexpensesthatarerecordedduringtheadjustingprocesswithadebittoanexpenseandacredittoaliabilityare:（）

A:Accruedexpenses.B:Intangibleexpenses.C:Netexpenses.D:Prepaidexpenses.

答案:Accruedexpenses.Thecorrectadjustingentryforaccruedandunpaidemployeesalariesof$9,000onDecember31is:（）

A:debitSalaryExpense,$9,000;creditPrepaidSalary,$9,000B:debitSalaryExpense,$9,000;creditCash,$9,000C:debitSalaryExpense,$9,000;creditFeesEarned,$9,000D:debitSalaryExpense,$9,000;creditSalariesPayable,$9,000

答案:debitSalaryExpense,$9,000;creditSalariesPayable,$9,000

第四章單元測試

Closingentriesarerequired:（）

A:Ifacompany'sbookkeeperdoesnotchoosetopreparereversingentries.B:Ifmanagementhasdecidedtoceaseoperatingthebusiness.C:Onlyifthecompanyadherestotheaccrualmethodofaccounting.D:Ifthetemporaryaccountsaretoreflectcorrectamountsforeachaccountingperiod.

答案:Ifthetemporaryaccountsaretoreflectcorrectamountsforeachaccountingperiod.K.Canopy,theproprietorofCanopyServices,withdrew$5,700fromthebusinessduringthecurrentyear.Theentrytoclosethewithdrawalsaccountattheendoftheyearis:（）

A:DebitIncomeSummary$5,700;creditKCanopy,Capital$5,700B:DebitKCanopy,Withdrawals$5,700;creditCash,$5,700C:DebitKCanopy,Capital$5,700,creditSalaryExpense$5,700D:DebitKCanopy,Capital$5,700;creditKCanopy,Withdrawals$5,700

答案:DebitKCanopy,Capital$5,700;creditKCanopy,Withdrawals$5,700TaraWestmont,theproprietorofTiptoeShoes,hadannualrevenuesof$185,000,expensesof

$103,700,andwithdrew$18,000fromthebusinessduringthecurrentyear.Theowner'scapitalaccountbeforeclosinghadabalanceof$297,000.TheNetIncomefortheyearis:（）

A:C.$360,300B:$185,000C:D.$81,300D:B.$63,300

答案:D.$81,300TheF.Mercury,Capitalaccounthasacreditbalanceof$37,000beforeclosingentriesaremade.Totalrevenuesfortheperiodare$55,200,totalexpensesare$39,800,andwithdrawalsare$9,000.Whatisthecorrectclosingentryfortherevenueaccounts?（）

A:DebitRevenueaccounts$55,200;creditFMercury,Capital$37,000B:DebitIncomeSummary$55,200;creditRevenueaccounts$55,200C:DebitRevenueaccounts$37,000;creditFMercury,Capital$37,000D:DebitRevenueaccounts$55,200;creditIncomeSummary$55,200

答案:DebitRevenueaccounts$55,200;creditIncomeSummary$55,200Atthebeginningoftheyear,acompany'sbalancesheetreportedthefollowingbalances:TotalAssets=$225,000;TotalLiabilities=$125,000;andOwner'sCapital=$100,000.Duringtheyear,thecompanyreportedrevenuesof$46,000andexpensesof$30,000.Inaddition,owner'swithdrawalsfortheyeartotaled$20,000.Assumingnootherchangestoowner'scapital,thebalanceintheowner'scapitalaccountattheendoftheyearwouldbe:（）

A:$116,000.B:$96,000.C:$104,000.D:$136,000.

答案:$96,000.

第五章單元測試

Thecreditterms2/10,n/30areinterpretedas:（）

A:10%cashdiscountiftheamountispaidwithin2days,orthebalanceduein30days.B:2%discountifpaidwithin30days.C:2%cashdiscountiftheamountispaidwithin10days,orthebalanceduein30days.D:30%discountifpaidwithin10days.

答案:2%cashdiscountiftheamountispaidwithin10days,orthebalanceduein30days.Acompanypurchased$4,000worthofmerchandise.Transportationcostswereanadditional$350.Thecompanyreturned$275worthofmerchandiseandthenpaidtheinvoicewithinthe2%cashdiscountperiod.Thetotalcostofthismerchandiseis:（）

A:$4,000.50B:$3,725.00C:$3,995.00D:$4,075.00

答案:$4,000.50FragmentCompanyisawholesalerthatsellsmerchandiseinlargequantities.Itscatalogindicatesalistpriceof$300perunitonaparticularproductanda40%tradediscountisofferedforquantitypurchasesof50unitsormore.Thecostofshippingthemerchandiseis$7perunitundertermsFOBshippingpoint.Ifacustomerpurchases100unitsofthisproduct,whatistheamountofsalesrevenuethatFragmentwillrecordfromthissale?（）

A:$30,000B:$18,000C:$18,700D:$29,300

答案:$18,000Acompanypurchased$1,800ofmerchandiseonJuly5withterms2/10,n/30.OnJuly7,itreturned$200worthofmerchandise.OnJuly28,itpaidthefullamountdue.Assumingthecompanyusesaperpetualinventorysystem,andrecordspurchasesusingthegrossmethod,thecorrectjournalentrytorecordthemerchandisereturnonJuly7is:（）

A:DebitMerchandiseInventory200;creditSalesReturns$200B:DebitAccountsPayable1800;creditPurchaseReturns$200;creditMerchandiseInventory$1600C:DebitAccountsPayable200;creditMerchandiseInventory$200D:DebitMerchandiseInventory200;creditAccountsPayable$200

答案:DebitAccountsPayable200;creditMerchandiseInventory$200JuniperCompanyusesaperpetualinventorysystemandthegrossmethodofaccountingforpurchases.Thecompanypurchased$9,750ofmerchandiseonAugust7withterms1/10,n/30.OnAugust11,itreturned$1,500worthofmerchandise.OnAugust16,itpaidthefullamountdue.ThecorrectjournalentrytorecordthepaymentonAugust16is:（）

A:DebitAccountsPayable$8,250;creditMerchandiseInventory$82.50;creditCash$8,167.50B:DebitAccountsPayable$8,167.50;creditCash$8,167.50C:DebitCash$8,250;creditAccountsPayable$8,250D:DebitAccountsPayable$9,750;creditMerchandiseInventory$97.50;creditCash$9,652.50

答案:DebitAccountsPayable$8,250;creditMerchandiseInventory$82.50;creditCash$8,167.50

第六章單元測試

Goodsintransitareincludedinapurchaser'sinventory:（）

A:Whenthesupplierisresponsibleforfreightcharges.B:Whenthepurchaserisresponsibleforpayingfreightcharges.C:Afterthehalf-waypointbetweenthebuyerandseller.D:Atanytimeduringtransit.

答案:Whenthepurchaserisresponsibleforpayingfreightcharges.CostsincludedintheMerchandiseInventoryaccountcanincludeallofthefollowingexcept:（）

A:Insurance.B:Damagedinventorythatcannotbesold.C:Storage.D:Invoicepriceminusanydiscount.

答案:Damagedinventorythatcannotbesold.MonarchCompanyusesaweighted-averageperpetualinventorysystemandhasthefollowingpurchasesandsales:

January120unitswerepurchasedat$10perunit.

January1212unitsweresold.

January2018unitswerepurchasedat$11perunit.

Whatisthevalueofcostofgoodssold?（）

A:$272.B:$120.C:$126.D:$278.

答案:$120.Acompanysellsgardenhosesandusestheperpetualinventorysystemtoaccountforitsmerchandise.ThebeginningbalanceoftheinventoryanditstransactionsduringSeptemberwereasfollows:

September1:Beginningbalanceof18unitsat$13eachSeptember12:Purchased30unitsat$14eachSeptember19:Sold24unitsat$30sellingpriceeachSeptember20:Purchased24unitsat$17eachSeptember27:Sold27unitsat$30sellingpriceeach

Iftheendinginventoryisreportedat$276,whatinventorymethodwasused?（）

A:Weightedaveragemethod.B:LIFOmethod.C:Specificidentificationmethod.D:Retailinventorymethod.

答案:LIFOmethod.Acompanyhasthefollowingperunitoriginalcostsandreplacementcostsforitsinventory.LCMisappliedtoindividualitems.

PartA:50unitswithacostof$5,andreplacementcostof$4.50PartB:75unitswithacostof$6,andreplacementcostof$6.50PartC:160unitswithacostof$3,andreplacementcostof$2.50

Underthelowerofcostormarketmethod,thetotalvalueofthiscompany'sendinginventoryis:（）

A:$1,180.00.B:$1,217.50.C:$1,075.00.D:$1,112.50.

答案:$1,075.00.

第七章單元測試

Acreditsaleof$5,275toacustomerwouldresultinwhichofthefollowing?（）

A:AcredittotheAccountsReceivableaccountinthegeneralledgerandacredittothecustomer'saccountintheaccountsreceivablesubsidiaryledger.B:AdebittotheAccountsReceivableaccountinthegeneralledgerandacredittothecustomer'saccountintheaccountsreceivablesubsidiaryledger.C:AcredittoSalesandacredittothecustomer'saccountintheaccountsreceivablesubsidiaryledger.D:AdebittotheAccountsReceivableaccountinthegeneralledgerandadebittothecustomer'saccountintheaccountsreceivablesubsidiaryledger.

答案:AdebittotheAccountsReceivableaccountinthegeneralledgerandadebittothecustomer'saccountintheaccountsreceivablesubsidiaryledger.OnOctober12ofthecurrentyear,acompanydeterminedthatacustomer'saccountreceivablewasuncollectibleandthattheaccountshouldbewrittenoff.Assumingtheallowancemethodisusedtoaccountforbaddebts,whateffectwillthiswrite-offhaveonthecompany'snetincomeandtotalassets?（）

A:Decreaseinnetincome;decreaseintotalassets.B:Decreaseinnetincome;noeffectontotalassets.C:Noeffectonnetincome;noeffectontotalassets.D:Increaseinnetincome;noeffectontotalassets.

答案:Noeffectonnetincome;noeffectontotalassets.OnDecember31ofthecurrentyear,theunadjustedtrialbalanceofacompanyusingthepercentofreceivablesmethodtoestimatebaddebtincludedthefollowing:AccountsReceivable,debitbalanceof$95,250;AllowanceforDoubtfulAccounts,creditbalanceof$921.WhatamountshouldbedebitedtoBadDebtsExpense,assuming6%ofoutstandingaccountsreceivableattheendofthecurrentyearareestimatedtobeuncollectible?（）

A:$6,636B:$5,715C:$5,660D:$4,794

答案:$4,794GiorgioItalianMarketbought$4,000worthofmerchandisefromFoodSuppliersandsigneda90-day,6%promissorynoteforthe$4,000.FoodSupplier'sjournalentrytorecordthesalestransactionis:（）

A:DebitAccountsReceivable$4,060;creditSales$4,060B:DebitNotesReceivable$4,000;creditSales$4,000\C:DebitNotesReceivable$4,060;creditSales$4,060D:DebitNotesReceivable$4,000;debitInterestReceivable$60;creditSales$4,060

答案:DebitNotesReceivable$4,000;creditSales$4,000\WhichofthefollowingisnottrueabouttheAllowanceforDoubtfulAccounts?（）

A:Itisdebitedwhenuncollectibleaccountsarewrittenoff.B:Itisusedinsteadofreducingaccountsreceivabledirectly.C:Itisaliabilityaccount.D:Itisacontraassetaccount.

答案:Itisaliabilityaccount.

第八章單元測試

Depreciation:（）

A:Measuresthedeclineinmarketvalueofanasset.B:Isappliedtoland.C:Istheprocessofallocatingthecostofaplantassettoexpense.D:Measuresphysicaldeteriorationofanasset.

答案:Istheprocessofallocatingthecostofaplantassettoexpense.Whenoriginallypurchased,avehiclecosting$23,000hadanestimatedusefullifeof8yearsandanestimatedsalvagevalueof$3,000.After4yearsofstraight-linedepreciation,theasset'stotalestimatedusefullifewasrevisedfrom8yearsto6yearsandtherewasnochangeintheestimatedsalvagevalue.Thedepreciationexpenseinyear5equals:（）

A:$5,000B:$11,500C:$2,500D:B.$2,875

答案:$5,000BeckmanEnterprisespurchasedadepreciableassetonOctober1,Year1atacostof$100,000.Theassetisexpectedtohaveasalvagevalueof$20,000attheendofitsfive-yearusefullife.Iftheassetisdepreciatedonthedouble-declining-balancemethod,theasset'sbookvalueonDecember31,Year2willbe:（）

A:$90,000B:$36,000C:$16,000D:$54,000

答案:$54,000Tocapitalizeanexpenditureisto:（）

A:Debitanexpenseaccount.B:Debitanassetaccount.C:Creditanexpenseaccount.D:Creditanassetaccount.

答案:Debitanassetaccount.Acompanyhadatractordestroyedbyfire.Thetractororiginallycost$85,000withaccumulateddepreciationof$60,000.Theproceedsfromtheinsurancecompanywere$20,000.Thecompanyshouldrecognize:（）

A:Againof$65,000.B:Againof$20,000.C:Alossof$5,000.D:Againof$5,000.

答案:Alossof$5,000.

第九章單元測試

Anestimatedliability:（）

A:Isaknownobligationofanuncertainamountthatcanbereasonablyestimated.B:Isnotrecordeduntiltheamountisknownforcertain.C:Isaliabilitythatmayoccurifafutureeventoccurs.D:Canbetheresultofalawsuit.

答案:Isaknownobligationofanuncertainamountthatcanbereasonablyestimated.Employeesearnvacationpayattherateofonedaypermonth.DuringthemonthofJune,10employeesqualifyforonevacationdayeach.Theiraveragedailywageis$150perday.WhichofthefollowingisthenecessaryadjustingjournalentrytorecordtheJunevacationbenefits?（）

A:DebitPrepaidVacationBenefits$1,500;creditVacationBenefitsPayable$1,500.B:DebitVacationBenefitsPayable;creditVacationBenefitsExpense$1,500.C:DebitPayrollTaxExpense$1,500;creditPayrollTaxesPayable$1,500.D:DebitVacationBenefitsExpense$1,500;creditVacationBenefitsPayable$1,500.

答案:DebitVacationBenefitsExpense$1,500;creditVacationBenefitsPayable$1,500.Allofthefollowingstatementsregardinglong-termliabilitiesaretrueexcept?（）

A:Long-termliabilitiesincludelong-termnotespayable,warrantyliabilities,leaseliabilities,andbondspayable.B:Liabilitiesthatdonothaveafixedduedate,butarepayableondemand,arereportedaslong-termliabilities.C:Asinglelong-termliabilitycanbedividedbetweencurrentandnoncurrentsectionsonthebalancesheet.D:Long-termliabilitiescanbereportedonthebalancesheetinasingletotalorinmultiplecategories.

答案:Liabilitiesthatdonothaveafixedduedate,butarepayableondemand,arereportedaslong-termliabilities.AthenaCompany'ssalariedemployeesearntwoweeksofvacationperyear.Itpays$858,000intotalemployeesalariesfor52weeksbutitsemployeesworkonly50.RecordAthenaCompany'sweeklyjournalentrytorecordthevacationexpense:（）

A:DebitVacationBenefitsPayable$660;creditVacationBenefitsExpense$660.B:DebitVacationBenefitsExpense$17,160;creditVacationBenefitsPayable$17,160.C:DebitVacationBenefitsExpense$660;creditVacationBenefitsPayable$660.D:DebitVacationBenefitsPayable$16,500;creditVacationBenefitsExpense$16,500.

答案:DebitVacationBenefitsExpense$660;creditVacationBenefitsPayable$660.OnSeptember1,KnackCompanysigneda$50,000,90-day,5%notepayablewithCentralSavingsBank.WhatisthejournalentrythatshouldberecordedbyKnackuponmaturityofthenote?(Use360daysayear.)（）

A:DebitNotesPayable$50,000;creditInterestRevenue$625;creditCash$49,375.B:DebitNotesPayable$50,000;debitInterestExpense$625;creditCash$50,625.C:DebitNotesPayable$50,625;creditCash$50,625.D:DebitInterestExpense$625;creditInterestPayable$625.

答案:DebitNotesPayable$50,000;debitInterestExpense$625;creditCash$50,625.

第十章單元測試

Thecarryingvalueofbondsatmaturityalwaysequals:（）

A:theamountofcashoriginallyreceivedinexchangeforthebonds.B:$0.C:theparvalueofthebond.D:theamountofdiscountorpremium.

答案:theparvalueofthebond.Adisadvantageofbondfinancingis:（）

A:Bondscanincreasereturnonequity.B:Bondsdonotaffectowners'control.C:Bondspayperiodicinterestandtherepaymentofparvalueatmaturity.D:Interestonbondsistaxdeductible.

答案:Bondspayperiodicinterestandtherepaymentofparvalueatmaturity.Abondholderthatownsa$1,000,10%,10-yearbondhas:（）

A:Therighttoreceive$1,000atmaturityB:Therighttoreceive$10,000atmaturity.C:Ownershiprightsintheissuingcompany.D:Therighttoreceive$10peryearuntilmaturity.

答案:Therighttoreceive$1,000atmaturityMorganCompanyissues9%,20-yearbondswithaparvalueof$750,000thatpayinterestsemiannually.Thecurrentmarketrateis8%.Theamountpaidtothebondholdersforeachsemiannualinterestpaymentis:（）

A:$33,750.B:$67,500.C:$60,000.D:$375,000.

答案:$33,750.Amortizingabonddiscount:（）

A:Allocatesaportionofthetotaldiscounttointerestexpenseeachinterestperiod.B:Increasescashflowsfromthebond.C:IncreasesthemarketvalueoftheBondsPayable.D:DecreasestheBondsPayableaccount.

答案:Allocatesaportionofthetotaldiscounttointerestexpenseeachinterestperiod.

第十一章單元測試

StricklandCorporationhasinvestedin10%oftheoutstandingstockofNezCorporation.Stricklandintendstoactivelymanagethisinvestmentforprofit.Thisinvestmentisclassifiedas:（）

A:atradingsecurity.B:acontrollinginfluencesecurity.C:asignificantinfluencesecurity.D:aheld-to-maturitysecurity.

答案:atradingsecurity.Allofthefollowingstatementsregardingequitysecuritiesaretrueexcept:（）

A:Equitysecuritiesclassifiedasavailable-for-salerecordthedividendrevenuewhenreceived.B:Equitysecuritiesarevaluedatfairvalueifclassifiedastradingsecurities.C:Equitysecuritiesarevaluedatfairvalueifclassifiedassignificantinfluencesecurities.D:Equitysecuritiesshouldberecordedatcostwhenacquired.

答案:Equitysecuritiesarevaluedatfairvalueifclassifiedassignificantinfluencesecurities.Acompanypaid$37,800plusabroker'sfeeof$525toacquire8%bondswitha$40,000maturityvalueasalong-terminvestment.Thecompanyintendstoholdthebondstomaturity.Thecorrectentrytorecordthepurchaseofthebondinvestmentis:（）

A:DebitLong-TermInvestments—HTM$37,800;creditCash$37,800B:DebitLong-TermInvestments—HTM$38,325;creditCash$38,325C:DebitLong-TermInvestments—HTM$37,800;debitInvestmentExpense$525;creditCash$38,325D:DebitLong-TermInvestments—HTM$37,800;debitLossonInvestment$525;creditCash$38,325

答案:DebitLong-TermInvestments—HTM$38,325;creditCash$38,325Accountingforlong-terminvestmentsinequitysecuritieswithcontrollinginfluenceusesthe:（）

A:Controllingmethod.B:Investmentmethod.C:Consolidatedmethod.D:Equitymethodwithconsolidation.

答案:Equitymethodwithconsolidation.J.P.Industriespurchased2,000sharesofYang'scommonstockfor$143,000asalong-terminvestment.Theinvestmentisclassifiedasavailable-for-salesecurities.Theparvalueofthestockwas$1pershare.J.P.paid$375incommissions