财务会计英语unit1ppt课件

.,GeneralIntroductiontoFinancialAccounting,Unit1,FinancialAccountingEnglish(SecondEdition),.,Contents,Section1AccountingEquationandAccountingElements,Section2TAccount,Double-entrySystem,theLedgerandChartofAccounts,Section3JournalizingandPosting,Section4FinancialStatements,.,Section1AccountingEquationandAccountingElements,1.1TheaccountingequationAssets=Liabilities+Ownersequity,.,1.2AccountingelementsAsset(资产)areeconomicresourcesthatareownedorcontrolledbyabusinessasaresultofpasttransactionsoreventsandareexpectedtogenerateeconomicbenefitstothebusiness.Assetscanbeclassifiedascurrentassets,fixedassets,andintangibleassets.,Section1AccountingEquationandAccountingElements,.,Currentassets(流动资产)areshort-termassetsincludingcash,bankdeposit,accountsreceivable,inventory,etc.Fixedassets(固定资产)arenon-currentassets,includingland,buildings,equipment,furniture,etc.Intangibleassets(无形资产)arealsonon-currentassets,includingpatents,copyrights,licenses,franchises,goodwill,etc.,Section1AccountingEquationandAccountingElements,.,Liability(负债)aredebtsofabusinessowedtosuppliers,banks,etc.,arisingfrompasttransactionsoreventswhichareexpectedtogiverisetoanoutflowofeconomicbenefitsfromthebusiness.Liabilitiesareusuallyclassifiedascurrentliabilitiesandnon-currentliabilities.,Section1AccountingEquationandAccountingElements,.,Currentliabilities(流动负债)areexpectedtobepaidwithinoneyear.Non-currentliabilities(非流动负债)maylastfromoneyearto20or30yearsuntilitisfullypaid.,.,Ownersequity(所有者权益)istheresidualinterestintheassetsofabusinessafterdeductingallitsliabilities,i.e.thenetassetsofabusiness.Whenabusinessisownedbyoneperson,theownersequityisshownas“Capital”.Whenitisownedbystockholders,itisshownas“StockholdersEquity”.,Section1AccountingEquationandAccountingElements,.,Revenue(收入)isthegrossinflowofeconomicbenefitsderivedfromthecourseofordinaryactivitiesthatresultinincreaseinownersequity,otherthantheincreaserelatingtocontributionsfromowners.,Section1AccountingEquationandAccountingElements,.,Expense(费用)arethegrossoutflowofeconomicbenefitsresultedfromthecourseofordinaryactivitiesresultingindecreasesinownersequitycausedbythebusinessrevenue-producingoperations,otherthanthedecreasesfromdistributionsofprofitstoowners.,Section1AccountingEquationandAccountingElements,.,Profit(利润)oftencallednetincome,isalsotheincreaseinownersequityresultingfromprofitableoperationofabusinessoveraspecificaccountingperiod.,Section1AccountingEquationandAccountingElements,.,1.3Accountingelementsintheaccountingequation,Exhibit1-1AccountingElementsintheAccountingEquation,Section1AccountingEquationandAccountingElements,.,Section1AccountingEquationandAccountingElements,.,Exercises,1.1Theaccountingelementsinclude_,_,_,_,_,and_.1.2Suchthingsascash,accountsreceivables,inventory,supplies,equipment,buildings,land,etc.areincludedin_.1.3Liabilitiesare_ofabusiness.1.4Thenetassetsofabusinessarecalled_.1.5Cashborrowedfromabankisnot_butaliability.,asset,liability,ownersequity,revenue,expense,profit,assets,ownersequity,debts,revenue,.,1.6Expensesarethedecreaseinownersequitycausedbythecompanys_operations.1.7Profitisthe_ofrevenueoverexpensesoveraspecificaccountingperiod.1.8Theaccountingequationis:_=_+_.,revenue-producing,excess,assets,liabilities,ownersequity,Exercises,.,1.9Recordthefollowingtransactionintheaccountingequation:Boughtanautomobilefor$9,800,paying$3,000cashandgivinganoteforthebalance.CashandEquipmentNotesPayableBalance$15,000=$15,000Entry_+_=_+_Balance_+_=_+_=_,-$3,000,$9,800,$6,800,$12,000,$9,800,$6,800,$15,000,$21,800,$21,800,0,Exercises,.,Section2TAccount,Double-entrySystem,theLedgerandChartofAccounts,2.1Taccount(丁字账户)Exhibit1-2TAccount,.,2.2Double-entrysystem(复式记账),Section2TAccount,Double-entrySystem,theLedgerandChartofAccounts,.,Exercises,1.10Taccountissocalledbecauseitresemblestheletter_.1.11Thedebitisonthe_sideoftheverticalline.Thecreditisonthe_sideoftheaccount.1.12“Dr.”standsfor_,while“Cr.”istheabbreviationfor_.1.13Ifanamountisrecordedonthedebitside,accountissaidtobe_.1.14Assetandexpenseincreasesarerecordedas_.,T,left,right,debit,credit,debited,debits,.,1.15Liability,ownersequity,revenueandprofitdecreasesarerecordedas_.1.16Indouble-entrysystem,thedebitandcreditentriesforeverytransactionmustbe_1.17IneachofthefollowingTaccounts,enteranincreasebywriting“+”andadecreasebywriting“-”.,debits,equal,Exercises,.,+,+,+,+,+,Exercises,.,2.3Theledger(总账),Example1.1DuringthemonthofJanuary,2007,TedLott,alawyer(1)Invested$8,000toopenhispractice,LottLawFirm.(2)Boughtofficesupplies(stationery,forms,pencils,andsoon)forcash,$700.(3)BoughtseveralpiecesofofficefurniturefromFerraroFurnitureCo.onaccount,$2,000.(4)Received$3,500inservicefeesearnedduringthemonth.(5)PaidofficerentforJanuary,$600.,Section2TAccount,Double-entrySystem,theLedgerandChartofAccounts,.,(6)Paidsalaryforpart-timehelp,$800.(7)Paid$1,600toFerraroFurnitureCo.onaccount.(8)Aftertakinginventoryattheendofthemonth,Lottfoundthathehadused$200worthofsupplies.(9)Withdrew$470forpersonaluse.(10)Paidbankservicecharge$23.,Section2TAccount,Double-entrySystem,theLedgerandChartofAccounts,.,Thesetransactionsmightbeanalyzedandrecordedintheaccountsasfollow:Transaction1Invested$8,000toopenhispractice.,Section2TAccount,Double-entrySystem,theLedgerandChartofAccounts,.,Transaction2Boughtofficesuppliesforcash,$700.,Section2TAccount,Double-entrySystem,theLedgerandChartofAccounts,.,Transaction3BoughtofficefurniturefromFerraroFurnitureCo.onaccount,$2,000.,Section2TAccount,Double-entrySystem,theLedgerandChartofAccounts,.,Transaction4Received$3,500inservicefeesearnedduringthemonth.,Section2TAccount,Double-entrySystem,theLedgerandChartofAccounts,.,Transaction5PaidofficerentforJanuary,$600.,Section2TAccount,Double-entrySystem,theLedgerandChartofAccounts,.,Transaction6Paidsalaryforpart-timehelp,$800.,Section2TAccount,Double-entrySystem,theLedgerandChartofAccounts,.,Transaction7Paid$1,600toFerraroFurnitureCo.onaccount.,Section2TAccount,Double-entrySystem,theLedgerandChartofAccounts,.,Transaction8Aftertakinginventoryattheendofthemonth,Lottfoundthathehadused$200worthofsupplies.,Section2TAccount,Double-entrySystem,theLedgerandChartofAccounts,.,Transaction9Withdrew$470forpersonaluse.,Section2TAccount,Double-entrySystem,theLedgerandChartofAccounts,.,Transaction10Paidbankservicecharge$23.,Section2TAccount,Double-entrySystem,theLedgerandChartofAccounts,.,2.4Chartofaccounts(会计科目表),Exhibit1-4ChartofAccountswithTwoKindsofThree-digitalCodeSystems.,Section2TAccount,Double-entrySystem,theLedgerandChartofAccounts,.,Exercises,1.18Assetaccountnumbersbeginwiththenumber_,whereasliabilitiesbeginwith_.1.19Ownersequityaccountnumbersbeginwiththenumber