会计循环1习题精选含答案

真/假questions1.accounts that appear in the balance sheet are often called temporary(nominal)accounts。FALSE2.in come summary is a temporary account only used for the closing process。真的3.revenue accounts should begin each accounting period with zero balances。真的4.closing revenue and expense accounts at the end of the accounting period serves to make the revenue and expense accounts ready for use in the next perion真的5.the closing process takes place after financial statements have been prepared .真的6.revenue and expense accounts are permanent(real)accounts and should not be closed at the end of the accounting period .FALSE7.closing entries result in revenues and expenses being reflected in the owners capital account。真的8.closing process is a step in the accounting cycle that prepares accounts for the next accounting period .真的9.the closing process is a two-step process . first revenue，expense，and within drawals are set to a zero balance . second，the process summsFALSE10.closing entries are required at the end of each accounting period to close all ledger accounts。FALSE11.closing entries are designed to transfer the end-of-period balances in the revenue accounts，the expense accounts and the withholds account to真的12.the income summary account is a permanent account that will be carried forward period after period .FALSE13.closing entries are neceary so that owners capital will begin each period with a zero balance。FALSE14.permanent accounts carry their balances into the next accounting period。moreover、asset、liability and revenue accounts are not closed as long as a company continues in business。FALSE15.the first step in the accounting cycle is to analyze transactions and events to prepare for journal izing .真的16.the accounting cycle refers to the sequence of steps in preparing the work sheet .FALSE17.the first five steps in the accounting cycle include analyzing transactions，journal izing，posting，preparing an unadjusted trial builds真的18.the last four steps in the accounting cycle include preparing the adjusted trial balance，preparing financial statements and recording closingFALSE19.a classified balance sheet organizes and liabilities into important sub groups that provide more information to decision makers。真的20.an unclassified balance sheet provides more information to users than a classified balance sheet。FALSE21.current assets and current liabilities are expected to be used up or come due within one year or the companys operating cycle whichever is longer。真的22.intangible assets are long-term resources that benefit business operations that usually lack physical form and have uncertain benefits。真的23.assets are offen classified into current assets，long-terminvestments，plant assets，and intangible assets。真的24.current liabilities are cash and other resources that are expected to be sold，collected or used within one year or the companys operating cycle wwFALSE25.long-term investments是include land held for future expansion。真的26.plant assets and intangible assets are usually long-term assets used to produce or sell products and services。真的27.current liabilities include accounts receivable，unearned revenues，and salaries payable。FALSE28.cash and office supplies are both classified as current assets。真的29.plant assets are also called fixed assets or property，plant，and equipment。真的30.the current ratio is used to help assess a companys ability to pay its debts in the near future。真的Multiple Choice Questions64.another name for temporary accounts is :A.Real accounts。B.Contra帐户。C.Accrued accounts。D.Balance column accounts。E.Nominal accounts。65.when closing entries are made :A.all ledger accounts are closed to start the new accounting period。B.all temporary accounts are closed but not the permanent accounts。C.all real accounts are closed but not the nominal accounts。D.all permanent accounts are closed but not the nominal accounts。E.all balancsheet accounts are closed。66.revenues、expenses、and withindrawals accounts、which are closed at the end of each accounting period are :A.Real accounts。B.Temporary accounts。C.Closing accounts。D.Permanent accounts。E.Balance sheet accounts。67.which of the following statements is incorrect？A.permanent accounts is another name for nominal accounts。B.temporary accounts carry a zero balance at the beginning of each accounting period .C.the income summary account is a temporary account。D.real accounts remain open as long as the asset，liability，or equity items recorded in the accounts continue in existence。E.the closing process apples only to temporary accounts。68.assets、liabilities、and equity accounts are not closedThese accounts are called:A.Nominal accounts。B.Temporary accounts。C.Permanent accounts。D.Contra帐户。E.Accrued accounts。69.closing the temporary accounts at the end of each accounting period :A.serves to transfer the effects of these accounts to the owners capital account on the balance sheet .B.prepares the within drawals account for use in the next period。C.gives the revenue and expense accounts zero balances。D.causes owners capital to reflect increases from revenues and decreases from expenses and withholdals .E.All of these .70.journal entries rec