会计英语复习09会计.doc

金陵科技学院试卷 共5页 第 5 页一、分析题The unadjusted trial balance and the adjustment data is given below:Additional information items:a. The Prepaid Insurance account consists of a payment for a 1 year policy. An analysis of the insurance invoice indicates that one half of the policy has expired by the end of the December 31 year-end.b. A cash payment for space sublet for 8 months was received on July 1 and was credited to Unearned Rent.c. Accrued interest expense on the note payable of $1,000 has been incurred but not paid.If these adjustments are not recorded, what is the impact on net income? Show calculation for net income without the adjustments and net income with the adjustments. Which one gives the most accurate net income?二、报表题Based on the adjusted trial balance shown below, prepare a classified balance sheet for Focus Package Delivery. * $2,000 of the long-term note payable is due during the next year.三、计算题 The accounts of Frieda Super Store are listed in alphabetical order. Accounts payable $27,380 Purchases $273,100 Accounts receivable 31,200 Purchase discounts 4,670 Accumulated depreciation Purchase returns and -office equipment 9,500 allowances 10,190 Accumulated depreciation Salary payable 6,120 - store equipment 6,880 Sales discounts 8,350 Capital, June 30 73,720 Sales returns and Cash 12,320 allowances 17,900General expenses75,830Sales revenue 631, 580Interest expense7,200Selling expenses 84,600Interest payable3,000Store equipment 47,500Inventory: June 30190,060Supplies 4,350 July 31187,390Unearned sales revenue 9,370Note payable, long-term160,000Withdrawals 11,000Office equipment79,000 Required1) Prepare the entitys multiple-step income statement for July of the current year. 2) compute the July 31 balance of Capital. 参考答案答：一、The accrual basis gives the most accurate net income because it requires all revenues to be recorded when earned and all expenses to be recorded when incurred. 三、. Frieda Super StoreIncome StatementFor the month ended July 31Sales revenue $631580Less: Sales discount $8350 Sales returns and allowances 17900 26250Net Sales revenue $605330 Cost of goods soldBeginning inventory 190060Purchases 273100Less: Purchase discount $4670Purchase returns and allowances 10190 14860Net-Purchases 258240Cost of goods available for sale 448300Less: Ending inventory 187390Cost of goods sold 260910Gross Margin 344420Operating expenseGeneral expense 75830Selling expense 84600 160430Income from operations 83990Other