会计专业英语卷.doc

Question2: name the following key terms in Chinese. (1mark10=10marks) 1. Asset accounts 资产类帐户2. Cash flow statement 现金流量表3. Cash balance 现金余额4. Cash equivalents 现金等价物5. Endorsement 背书6. Bank statement 银行对帐单7. Cash receipt 现金收据8. Allowance method 备抵法9. Check stubs 支票存根10. Direct write off method 直接核销法Question3: translate the following sentences and passages into English. (total10marks:2marks5)1. 现金流量表应当分别经营活动、投资活动和筹资活动列报现金流量。2. 基本的财务报表有：（1）资产负债表；（2）损益表；（3）现金流量表；（4）财务状况变动表3. 财务报表项目在报告中期作了调整或者修订的，上年度比较财务报表项目有关金额应当按照本年度中期财务报表的要求重新分类，并在附注中说明重新分类的原因及其内容，无法重新分类的，应当在附注中说明不能重新分类的原因。4. 会计处理方法前后各期应当一致，不得随意变更.5. 交易中所产生的收益一般是按照会计主体和资产购买或使用双方的协议决定的.1. Cash flows statements shall be reported for operating activities, investing activities and financing activities, respectively.2. Theprimaryfinancialstatementsarethe (1) balancesheet, (2) incomestatement(3) statementofcashflowsand (4) statementofchangesinfinancialposition.3. Where any adjustment or revision is made to the items of the financial statements in an interim report, the relevant amounts of the items in the comparative financial statements for the prior year shall be re-classified according to the requirements of the interim financial statements for the current year, and the reasons and contents of the reclassification shall be explained in the notes. If the reclassification is impracticable, the reasons shall be given in the notes。4. Accountingmethodsusedshallbeconsistentfromoneperiodtotheotherandshallnotbearbitrarilychanged.5. The amount of revenue arising on a transaction is usually determined by agreement between the entity and the buyer or user of the asset.Question4: translate the following sentences and passages into Chinese. (total15marks:5marks3)1. Users of financial reports include investors, creditors, government and its relevant departments as well as the public.2. Development is the application of research finding or other knowledge to a plan or design for the production of new or substantially improved materials, devices, products, processes, systems or services before the start of commercial production or use.3. Two types of events can be identified:Those that provide evidence of conditions that existed at the balance sheet date (adjusting events after the balance sheet date); andThose that are indicative of conditions that arose after the balance sheet date (non-adjusting events after the balance sheet date).1. 财务会计报告使用者包括投资者、债权人、政府及其有关部门和社会公众。.2. 开发是指在进行商业性的生产或使用前，将研究成果或其他知识应用于某项计划或设计，以生产出新的或具有实质性改进的材料，装置，产品，工艺，系统或服务。3两种情况将被区分：对资产负债表日已经存在的情况提供了新的或进一步证据的事项（资产负债表日后调整事项）和资产负债表日后发生的情况的事项（资产负债表日后非调整事项）Question2: name the following key terms in Chinese. (1mark10=10marks) 1. Contingent liablity 或有负债2. Statement of financial performance 损益表3. Presentation currency 报表货币4. FIFO 先进先出法5. Insufficient funds check 空头支票6. Intangible asset 无形资产7. Notes payable 应负票据8. Double entry accounting 复式记帐9. Voucher 凭单10. Present value 现值Question3: translate the following sentences and passages into English. (total10marks:2marks5)6. 财务报表应清楚的定义并与其它披露的信息区分开The financial statements shall be identified clearly and distinguished from other information in the same published document. 7. 在资产负债表日，公允价值是以外币计算的非货币性项目应按照公允价值被确认当天的汇率进行转换。At each balance sheet date，non-monetary items that are measured at fair value in a foreign currency shall be translated using the exchange rates at the date when the fair value was determined8. 负债和所有者权益的增加记录在贷方，负债和所有者权益的减少记录在借方。Increasesinliabilitiesandownersequityarerecordedbycreditsanddecreasesinliabilitiesandownersequityarerecordedbydebits. .9. 现金流量表应当分别经营活动、投资活动和筹资活动列报现金流量.Cash flows statements shall be reported for operating activities, investing activities and financing activities, respectively.10. 资产的增加记录在借方，资产的减少记录在贷方.Increasesinassetsarerecordedinthedebitsideoftheaccountanddecreasesinassetsarerecordedinthecredit side.Question4: translate the following sentences and passages into Chinese. (total15marks:5marks3)4. Ownership in a corporation is evidenced by a stock certificate. This capital stock may be either common or preferred.5. When the above indicators are mixed and the functional currency is not obvious, management uses its judgement to determine the functional currency that most faithfully repesents the economic effets of the underlying transactions, events and conditions.6. In accrual accounting, the impact of events on assets and equities is recognized on the accounting records in the time periods when services are rendered of utilized instead of when cash is received or disbursed. That is, revenue is recognized as it is earned, and expenses are recognized as they are incurrednot when cash changes hands. If the cash basis of accounting were used instead of the accrual basis, revenue and expense recognition would depend solely on the timing of various cash receipts and disbursements.3. 在公司中业主权益是由股份证书证明的。公司的股本既可以是普通股，也可以是优先股。.4. 当以上的指标混杂在一起并且记帐本位币的确认不是很清晰时，管理层应根据判断来确定能忠实于交易情况反映经济效果的记帐本位币。3权责发生制下， 视服务的提供而非现金的收付在本期对资产和权益的影响作出会计记录。即，收入是在赚取时确认，费用是在发生时确认而不是在现金转手时。如果现金收付制替代权责发生制，那么收入和费用仅仅依靠各种现金收付活动的时间确定来确认。Question5: Record those transactions below: (total20marks:2marks10)a) Jim begins business with $40,000 cashb) He also contributes a car valued at $30,000c) He buys office furniture from Wherehouse to the value at $10,000d) He borrows $15,000 from AAA Financee) He pays $5,000 owing to Wherehousef) On 1 October 2005, an annual insurance premium of $600 was paid. Prepare the entry at the end of the financial year at 31th December.g) The company has reveived two months rent in advance on a shop they lease out. Current monthly rental is $500h) $4000 has been paid to cover advertising from January to June of 2002. prepare the entry at the end of the financial year at 31th March.i) Commission was owing to the company on some sales made in March. The sales involved amounted to $10,000 and the commission was due at 12% on sales.j) Accounts owing at balance date were for:Wage $500Electricity $100Vehicle Repairs $150a). Dr: Bank 40,000 Cr: Texas Capital 40,000b). Dr: Car 30,000 Cr: Texas Capital 30,000c). Dr: Furniture 10,000 Cr: Accounts payable 10,000d). Dr: Bank 15,000 Cr: loan 15,000e). Dr: Accounts payable 5,000 Cr: Bank 5,000f). Dr: Insurance expense 300 Cr:Prepaid insurance 300g). Dr: Unearned revenue 500 Cr: Rental income 500h). Dr: Advertising expense 2000 Cr: Prepaid advertising 2000i). Dr: Accounts receivable 1200 Cr: Commission 1200j). Dr: Expense 750 Cr: Accounts payable 750Question2: name the following key terms in Chinese. (1mark10=10marks) 1. Trial balance 试算平衡表2. Statement of financial position 资产负责表3. Adjusting entries 调整分录4. Accumulated depreciation 累计折旧5. Amortisation 摊销6. Bank statement 银行对帐单7. Net realisable value 可变现净值8. Ordinary annuity 普通年金9. Cash dividend 现金股利10. Carrying amount 资产净值Question3: translate the following sentences and passages into English. (total10marks:2marks5)11. 会计人员在记录经济业务过程中要依据以下四条基本会计假设：会计主体概念、持续经营概念、期间假设以及币值稳定假设。12. 财务报表的目地是提供与报告主题相关的损益表, 资产负债表, 现金流量表, 这些信息可以为广大信息使用者的经济决策服务13. 国际会计准则是被国际会计准则委员会采纳的会计准则14. 存货应该按照”成本”和”可实现净值”底的计算15. 收益应按照实收款项和应收款项的公允价值计算.1accountantsrelyonfourfundamentalaccountingassumptionsinrecordingbusinesstransactions:（1）businessentityconcept，（2）goingconcernconcept,（3）periodicityassumption,（4）stablemonetaryunitassumption2The objective of general purpose financial statements is to provide information about the financial position, financial performance and cash flows of an entity that is useful to wide range of users in making economic decisions. .3International Financial Reporting Standards (IFRS) are standards adopted by the International Accounting Standards Board (IASB). .4Inventories shall be measured at the lower of cost and net realisable value.5.Revenue shall be measured at the fair value of the consideration received or receivaQuestion4: translate the following sentences and passages into Chinese. (total15marks:5marks3)7. The cost of inventories shall comprise all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location and condition. .8. A provision shall be recognised when:A). An entity has a present obligation as a result of a past event;b). It is probable that an outflow of resources embodying economic benefits will be required to settle the obligation; andc). A reliable estimate can be made of the amount of the obligation.If these conditions are not met, no provision shall be recognised.9. Contingent liabilities-which are not recognised as liabilities because they are either:(i) possible obligations, as it has yet to be confirmed whether the entity has a present obligation that could lead to an outflow of resources embodying economic benefits; or(ii) present obligations that do not meet the recognition criteria in this standard (because either it is not probable that an outflow of resources embodying economic benefits will be required to settle the obligation, or a sufficiently reliable estimate of the amount of the obligation cannot be made).5. 存货成本应该包括所有购买的费用, 生产的费用和其他那些发生在使存货转移到目前地点和状态的费用.6. 预计负债应当被确认：l 主体承担由过去事项所导致的现实义务l 承担义务所要求的与经济利益相关的资源的流出是很有可能发生的l 承担义务的数额能被可靠的预判。如果上述条件不能被满足，不可以确认预计负债。7. 或有负债不可以被确认为负债项目，因为他们是l i 或有负债，因为不确定是否他承担义务所要求的与经济利益相关的资源的流出是很有可能发生的。或者是 l ii 现实义务，点是不满足这个准则所确认负债的条件（因为承担义务所要求的与经济利益相关的资源的流出不是很有可能发生的，又或者承担义务的数额不能被可靠的预判）。Question5: Record those transactions below: (total20marks:2marks10)k) Texas begins business with $20,000 cashl) He also contributes a car valued at $35,000m) He buys office furniture from Geoffs Usave to the value at $10,000n) He borrows $10,000 from ABC Financeo) He pays $5,000 owing to Geoffs Usavep) On 1 October 2001, an annual insurance premi