会计英语第三章复习.ppt

密码 accounting 邮箱 gbxx2013 Chapter3AccountingCycle LearningObjectives Understandtheconceptofaccountingcycle learntotalkaboutitsrolesUnderstand7stepsofaccountingcycle andcomparethemwithaccountingpracticeinChina Understandtheconceptofaccountanditspartsinapplication UnderstandthebasicfunctionofjournalanditstypesLearntomakeentriesforadjustingLearntobalanceaccounts Keywords phrasesandspecialterms Entry分录MakeanoraccountingentryClosingentry结账分录Contraentry抵销分录Adjustingentry调整分录Entryprice入账价格Entrydocument记账凭证 Keywords phrasesandspecialterms Journalize登记日记账 d n la z Journal日记账 序时账Journalentry日记账分录Cashjournal现金日记账Post过账Ledgeraccounts分类账 led 总帐 分户总帐 Account账户Anaccountisarecordbasedontheitemsofaccountingelements representinganincreaseoradecreaseandtheresultofthoseitems Trialbalance试算平衡表 tra l试验 审讯 努力 Stepsintheaccountingcycle 1 Analyzetransactionsfromsourcedocuments2 Recordbyentries3 Posttoaccounts4 Adjustingentries5 Journalizingandpostingclosingentries6 Preparetrialbalance7 Preparefinancialstatements StepsofTheaccountingcycle 1 AnalyzeTransactions 2 Journalize 3 Post 6 PrepareFinancialStatements 5 Close 4 Adjust SourceDocuments JournalEntry Ledgeraccounts TrialBalance IncomestatementAccounts BalanceSheetIncomeStatementetc Understandhowdouble entryaccountingworks Themechanicsofdouble entryaccountingaresuchthateverytransactionisrecordedinthedebitsideofoneormoreaccountsandinthecreditsideofoneormoreaccountswithequaldebitsandcredits double entrybookkeeping orsystem single entrybookkeeping orsystem TheDouble EntryAccounting Debit Dr n 借 借方 借记Debitcard借记卡Debitbalance借方余额v 计入借方 借计Debitanaccount计入借方账Credit Cr n 贷 贷方 贷记Creditcard贷记卡Credit贷方余额v 计入贷方 贷计Creditanaccount计入贷方账 Double EntryAccounting Double entryaccountingisbasedonasimpleconcept eachpartyinabusinesstransactionwillreceivesomethingandgivesomethinginreturn Interms whatisreceivedisadebitandwhatbookkeepingisgivenisacredit TheTaccountisarepresentationofascaleorbalance GiveCREDIT Taccount LeftSideReceiveDEBIT RightSideGiveCREDIT Accountingequation Assets Liabilities Owner sequityAssets Liabilities Owner sequityNetassets Owner sequity RulesofDouble EntryAccounting 1 Eachtransactionaffectsatleasttwoaccounts Theseaccountscontainsatleastoneaccountdebitedandatleastoneaccountcredited 2 Totaldebitsmustequaltotalcredits T account T account asimplestformofanaccount usedtohelpillustratetheeffectoftransaction Accountname Debit leftside Credit rightside Rulesofdebits credits Thetypeofaccountdeterminesthesideinwhichincreasesanddecreasesarerecorded IncreasesandDecreasesintheAccounts IncomeStatementAccounts Recordtransactionsinthejournal RecordingPhase Whatisajournal Itisarecordofeachbusinesstransactioninachronologicalorder kr n l d k l 依时间前后排列而记载的 Stepsofjournalizing Identifytransactionfromsourcedocuments Specifyaccountsaffected Applydebit creditrules Recordtransactionwithdescription Verifythattotaldebitsequaltotalcredits Journalclassification Generaljournal torecordallkindsoftransactionsSpecialjournal torecordacertainkindoftransactions ClassificationofLedgers Ledgersarecreatedonthebasisoftheitemoffinancialstatements Generalledgeraccounts总分类帐帐户Itcontainsallofthebalancesheetandincomestatementaccounts Subsidiaryledgeraccounts明细分类帐Arecordcreatedtorecordtheindividualitemsrelatingtoasinglegeneralledgeraccount Postfromthejournaltotheledger Whatisposting Postingistheprocessthatdebitsandcreditsaretransferredfromthejournaltotheledgeraccounts Intheprocess eachamountinthedebitcolumnofthejournalispostedbyenteringitonthedebitsideofanledgeraccount andeachamountinthecreditcolumnofthejournalispostedbyenteringitonthecreditsideofanledgeraccount Dec 1NetSolutionspaidapremium pri m m 保险费 of 2 400foracomprehensiveinsurancepolicycoveringtwoyears 1234 PrepaidInsurance240000 Cash240000 ACCOUNT PrepaidInsurance ACCOUNTNO 15 Balance Debit Credit Date Debit Credit Item Post Ref 240000 240000 Paidpremiumontwo yearpolicy 1234 PrepaidInsurance240000 Cash240000 ACCOUNT PrepaidInsurance ACCOUNTNO 15 Balance Debit Credit Date Debit Credit Item Post Ref 240000 240000 2 15 Paidpremiumontwo yearpolicy ACCOUNT Cash ACCOUNTNO 11 Balance Debit Credit Date Debit Credit Item Post Ref 200000 590000 2 Dec 1 240000 350000 ACCOUNT Cash ACCOUNTNO 11 Balance Debit Credit Date Debit Credit Item Post Ref 200000 590000 2 240000 350000 Dec 1 11 2 End of periodAdjustingEntries Whyshouldadjustingentriesbemade TypesofadjustingentriesAccrued krud 应计的 RevenuesorAccruedAssetsAccruedExpensesorAccruedLiabilitiesUnearnedRevenuesorDeferredRevenuesPrepaidExpenses 1 ApportioningRecordedCosts摊销已记录的成本 Assumethatabusinesspaid 3600onJan1foroneyear srentinadvance PrepaidRent3600Cash3600AttheendofJan31 300hadexpiredorbeenusedupduringtheperiod RentExpense300PrepaidRent300 2 ApportioningRecordedRevenue摊销已记录的收入 Assumeamonthlymagazinepublishercollectedinadvance 4800fromcustomersfor6monthsfeesonJuly1Cash4800UnearnedSubscriptionRevenue4800 s b skr p n n 捐献 订阅 订金 签署AttheendofJuly31 1 6ofthepublisher sobligationisfulfilledaftermagazinesaresuppliedtothesubscribers UnearnedSubscriptionRevenue800SubscriptionRevenue800 3 AccruingUnrecordedExpenses应计未记录的费用 SupposeAJCO borrowed 100000onDec31 2004 Theloanisfor1yearwithinterestat9 AsofJan31 2005 AJhashadthebenefitofloanforonemonthanditowes 750 100000 9 12 InterestExpense750AccruedInterestPayable750 4 AccruingUnrecordedRevenue应计未记录的收入 SupposeDRCO hascompleted2 3ofserviceworkonMay31 Thetotalamounttobereceivedwillbe 6000whentheworkiscomplete AccountsReceivable4000 6000 2 3 AccruedServiceRevenue4000 Doadjustingentriesgodirectlytotherelativeledgeraccounts Prepareatrialbalance TrialBalance Whatisatrialbalance Atwo columnschedulelistingthenamesandbalancesofalltheaccountsintheorderinwhichtheyappearinthegeneralledger thedebitbalancesarelistedintheleft handcolumnandthecreditbalancesintheright handcolumn Thetotalofthetwocolumnshouldagree Formatofatrialbalance NetSolutionsTrialBalanceDecember31 2005 Cash206500AccountsReceivable222000Supplies200000PrepaidInsurance240000Land2000000OfficeEquipment180000AccountsPayable90000UnearnedRent36000ChrisClark Capital2500000ChrisClark Drawing400000FeesEarned1634000WagesExpense427500RentExpense160000UtilitiesExpense98500SuppliesExpense80000MiscellaneousExpense4550042600004260000 NetSolutionsTrialBalanceDecember31 2005 Cash206500AccountsReceivable222000Supplies200000PrepaidInsurance240000Land2000000OfficeEquipment180000AccountsPayable90000UnearnedRent36000ChrisClark Capital2500000ChrisClark Drawing400000FeesEarned1634000WagesExpense427500RentExpense160000UtilitiesExpense98500SuppliesExpense80000MiscellaneousExpense4550042600004260000 BalanceSheetItems NetSolutionsTrialBalanceDecember31 2005 Cash206500AccountsReceivable222000Supplies200000PrepaidInsurance240000Land2000000OfficeEquipment180000AccountsPayable90000UnearnedRent36000ChrisClark Capital2500000ChrisClark Drawing400000FeesEarned1634000WagesExpense427500RentExpense160000UtilitiesExpense98500SuppliesExpense80000MiscellaneousExpense4550042600004260000 StatementofOwner sEquityItem NetSolutionsTrialBalanceDecember31 2005 Cash206500AccountsReceivable222000Supplies200000PrepaidInsurance240000Land2000000OfficeEquipment180000AccountsPayable90000UnearnedRent36000ChrisClark Capital2500000ChrisClark Drawing400000FeesEarned1634000WagesExpense427500RentExpense160000UtilitiesExpense98500SuppliesExpense80000MiscellaneousExpense4550042600004260000 IncomeStatementItems Canthetrialbalancerevealallerrors Errors 1 Failuretorecordatransactionortopostatransaction 2 Recordingthesameerroneous r n s adj 错误的 不正确的amountforboththedebitandthecreditpartsofatransaction 3 Recordingthesametransactionmorethanonce 4 Postingapartofatransactioncorrectlyasadebitorcreditbuttothewrongaccount 5 Postinginthewrongcolumn Errorsthatwillnotcausethetrialbalancetobeunequal WorkSheet工作底稿 Worksheetincludesunadjustedtrialbalance adjustingentries adjustedtrialbalance andincomestatementandbalancesheet withaDr columnandaCr columneach 4 48 表 十四栏式工作底稿 ClosingEntries结账分录 ClassificationofaccountsBalancesheetaccounts Permanent real accountsIncomestatementaccounts Temporary nominal accountsClosesthtosth Transfersthtosth转移 转账Theaimofmakingclosingentries Preparefinancialstatements IncomeStatement StatementofCashFl