第三章会计循环练习题参考答案（The third chapter, accounting cycle exercises, reference answers）

1、第三章 会计循环练习题参考答案（The third chapter, accounting cycle exercises, reference answers）The third chapter, accounting cycle exercises, reference answers(1) individual choice questions1.C 2.A 3.C 4.D 5.C 6.D 7.D 8.D 9.D 10.A 11.B 12.C 13.A 14.B 15.B 16.D 17.D 18.B 19.C 20.C 21.C 22.A 23.D 24.A 25.A 26.D 27.

2、C 28.C 29.A 30.B 31.C 32.C 33.D 34.A 35.D 36.D 37.B 38.A 39.C 40.A 41.D 42.A 43.D 44.C 45.D 46.C(two) multiple-choice questions1.BCD 2.ABE 3.ACDE 4.ABD 5.ABC 6.ADE 7.BCD 8.ABCDE 9.ACD 10.BDE 11.ABD 12.BDE 13.ACE 14.ADE 15.AC 16.ABC 17.BCD 18.AC 19.ACD 20.AC 21.AC 22.ABCD 23.ACD 24.ABC 25.ABC 26.ABCD

3、 27.BCD 28.ABCE 29.AB 30.ABE 31.AB 32.BE(three) judgment questions1. x 2. x 3. x 4. x 5. x 6. x 9. 8. 7. tick tick tick 10. x 11. x 12. x 13. x 14. x 16. x 15. V(four) calculation questions1. answer:(1) business 1: enterprises purchase a batch of raw materials, the price of 45000 yuan (assuming no v

4、alue-added tax), through the bank to pay 15000 yuan, and the remaining 30000 yuan yet to pay.Business 2: enterprises recover customers owed to the enterprise 12000 yuan, deposited in the bank.Business 3: this enterprise accepts the investor to invest 510000 yuan, in which a brand-new equipment value

5、 276000 yuan, the equipment delivers to use, transfers 234000 yuan through the bank.Business 4: use bank deposit 108000 yuan to repay the accounts payable.Business 5: issue and acceptance of commercial drafts payable against payment of $60000 payable.Business 6: enterprise issued and accepted before

6、 the commercial draft expires, the enterprise through the bank to pay bills 30000 yuan.Business 7: enterprises accept investors to invest 180000 yuan, of which 100000 yuan of raw materials, warehousing; a new equipment, worth 80000 yuan, put into use.Business 8: the enterprise draws out the cash che

7、ck, withdraws the cash 3000 yuan reserve from the bank.(2) business 1 borrow: raw material 45000;Bank deposit 15000Accounts payable 30000Business 2: bank deposits 12000Credit: accounts receivable 12000Business 3: bank deposits 234000Fixed assets 276000Paid in capital 510000Business 4: accounts payab

8、le 108000Bank deposit 108000Business 5: accounts payable 60000Credit: notes payable 60000Business 6: notes payable 30000Bank deposit 30000Business 7 borrow: raw material 100000Fixed assets 80000Paid in capital 180000Business 8 borrow: stock cash 3000Bank deposit 3000(3) the impact on the accounting

9、equation.Business 1: assets increased by 30000 yuan, liabilities increased by 30000 yuan.Business 2: internal and external changes in the amount of money, the total balance of funds on both sides of the accounting equation remains unchanged.Business 3: assets increased by 510000 yuan, the owners equ

10、ity increased by 510000 yuan.Business 4: assets decreased by 108000 yuan, liabilities decreased by 108000 yuan.Business 5: internal and external changes in the amount of debt, the total balance of funds on both sides of the accounting equation remains unchanged.Business 6: assets decreased by 30000

11、yuan, liabilities decreased by 30000 yuan.Business 7: assets increased by 180000 yuan, the owners equity increased by 180000 yuan.Business 8: internal and external changes in the amount of money, the total balance of funds on both sides of the accounting equation remains unchanged.The accounting equ

12、ation at the end of the semester is:The total assets amounted to $1157400, with a total liabilities of $107400, and the total owners equity was1050000 yuan,So: 1157 400=107 400+1050 000TwoThe owners equity at the end of the period = the owners equity at the beginning of the period + the owners equit

13、y increased by the current period - the owners equity decreased by the current periodAccording to this formula, we can say for sure:The owners equity of A company, =2, 318, 000+ (800000)+ 260000) =3 378000 ($)Note that the capitalization of capital reserves in this subject does not affect the total

14、amount of the owners equity.ThreeAccording to the problem that:(1) this month (= total purchase materials at the end of the material - initial inventory material) + the issuing materials = (206 500-278 500) +132 000=60 (000 yuan)(2) the payable purchase price = (payable at the end of the period - pa

15、yable at the beginning of this month) + payable at the current period = 243000-218000 +0 =25 000 (yuan)(3) the material paid this month = the total amount purchased this month - the payable purchase price this month=60 000-25 000=35 000 ($)Answer: 4. problem according to the following questions:(1)

16、cash basis: income =400, 000+100, 000+200, 000=700 000 (yuan)Charge =7 200+30 000+6 000=43 200 (yuan)Profit =700 000-43 200=656 800 (yuan)(2) accrual basis: income =520, 000+48, 000+280, 000=848 000 (yuan)Charge =7 200+2 000+1 000+5 000=15 200 (yuan)Profit =848 000-15 200=832 800 (yuan)(3) from the

17、above calculation, we can see that the same economic operation of the same enterprise, according to two different accounting principles, namely the accrual basis and the cash basis, the results are different. The reason is that the two principles determine the different standards of income and expen

18、ses, resulting in different final profits. Cash basis to actually received or paid money for the standard, determine the income or expenses of this period; and the accrual is to be received or paid money to determine income or expenses of this period also is the standard, the right to receive paymen

19、t or payment liability of the actual standard, determine the income or expense this period. It is this recognition of income and expense standards that leads to a difference in results.5. the correct trial balance is shown in Table 3 - 1.Table 3 - 1 trial balance of a company20 * 9 years April 30th

20、unit: YuanProject amountDebit creditCash on hand 28910Accounts receivable 31100Merchandise inventory 8200Fixed assets 29400Accounts payable 22000Paid in capital 50000Operating income 31510Management fee 5900Total 1035101035106. the correct trial balance is shown in Table 3 - 2.Table 3 - 2 trial bala

21、nce of a company before closing20 * 9 years March 31st unit: YuanAccount name, debit, creditCash on hand 96007200Bank deposits 33600010800Accounts receivable 456 000+10 800=466 800Merchandise inventoryixed assets 432 000+40 800=472 800Accounts payable 55920319920Paid in capital 1080000O

22、perating income 40800564 000+96 000=660 000Operating costs 42000Management fee 520 800+72 000=592 80040800Total 216072021607207. the correct trial balance is shown in Table 3 - 3.Table 3 - 3 trial balance of a company before closing20 * 9 years October 31st unit: YuanAccount name, debit, creditCash

23、on hand 4740Bank deposits 104600-3, 132+3, 600+5, 400=110468Accounts receivable 15 656+2 700+46 088=64 444Merchandise 89 700+37 500=127 200Raw material 42060-37 500=4 560Fixed assets 2513700Short term borrowing 120 000+6 000=126 000Accounts payable 73 480+3 600=77 080Paid in capital 2000000Surplus r

24、eserve 150620Main business income 486500Profit of 49380 this yearManagement fee 63 400+3 132-2 700+36=63 868Financial expenses 600Total 28895802889580(five) business problems1. () A H (2) I B (3) A F (4) B C (5) A D (6) A D (7) A B (8) C B (9) A (1) D B (10) A2. the business process of this month is

25、 as follows:(1) the following major accounts are required: cash in hand, owner capital, accounts receivable, inventory, accounts payable, management fees, operating income, operating costs, etc.The business accounting entries are as follows:May 1st: cash 5000: management fee 1000Credit: owner capita

26、l 5000 credits: stock cash 1000May 2nd: stock 800Cash on hand 800May 5th: management fee 2000Cash on hand 2000May 8th: stock 3200Credit: accounts payable 3200May 10th: management fee 600Cash on hand 600May 12th: 2500 cash on handCredit: operating income 2500May 15th: management fee 500Cash on hand 5

27、00May 18th: management fee 380Cash on hand 380May 20th: Borrow: accounts receivable 1500Credit: operating income 1500May 24th: management fee 600Cash on hand 600May 31st: cash 3000: management fee 500Credit: operating income 3000 Loans: cash 500In May 31st, the cost of sales will be carried forward

28、this month. Known as the end of the month inventory in the product 850 yuan, purchased two times this month inventory products, totaling 4000 yuan, rolled out this month, the cost of sales of 3150 yuan.Borrowing: operating costs 3150Commodity 3150(2) registration of relevant accounts and preparation

29、 of trial balance;Cash stockAt the beginning of 0 months(1) 5000(7) 2500(12) 3000 (2) 1000(3) 800(4) 2000(6) 600(8) 500(9) 380(11) 600(13) 500Month end balance 4120At the beginning of 0 months(3) 800(5) 3200 (14) 3150Month end balance 850Business incomeAt the beginning of 0 months(2) 1000(4) 2000(6)

30、 600(8) 500(9) 380(11) 600(12) 500Month end balance5580At the beginning of 0 months(7) 2500(10) 1500(12) 3000Month end balance 7000Management expensesTrial balanceTable 3 - 420 * 9 years May units: YuanAccount name, current period, amount, end, balanceDebit, credit, debit, creditCash on hand 1050063

31、804120Owner capital 50005000Accounts receivable 15001500Merchandise inventory 40003150850Accounts payable 32003200Operating income 70007000Management fee 55805580Operating costs 31503150Total 24730247301520015, 200(3) draw up income statement and balance sheet Table 3 - 5 profit statement (brief for

32、m)20 * 9 years May unit: YuanProject amountBusiness incomeLess: operating costsOperating expensesOperating profit 700031505580-1 730Table 3 - 6 balance sheet (sheet)20 * 9 years May 31st unit: YuanItem amountMonetary Fund 4120 accounts payable 3200Accounts receivable 1500 owners capital 5000Inventor

33、y 850 undistributed profit -1730Total assets 6470 liabilities and owners equity total 6470As can be seen from the accounting report, the Liu Yi Services Department lost operating expenses of $1730 in May.3., first of all, the errors in the topic of individual analysis:(1) the interest on deposits sh

34、ould be deducted from the financial costs of the current period, while the subject will be treated as the main business income, resulting in an inflated income of $2500 and an inflated cost of $2500;(2) amortization of paid insurance premiums should be credited to prepaid expenses account, while the

35、 subject is credited to prepaid expenses account, resulting in inflated assets of 4000 yuan, liabilities inflated 4000 yuan;(3) without the depreciation of the fixed assets, the cost of the current period shall be reduced by 4800 yuan, and the accumulated depreciation shall be reduced by 4800 yuan;(

36、4) the cost of workshop repair is not reduced, resulting in a reduction of 1800 yuan in overhead costs and a withholding of 1800 yuan;(5) the pre payment receivable should be treated as a liability and cannot be used as income for the current period. Therefore, the error in this subject will result

37、in a decrease of 12000 yuan in liabilities and an increase of 12000 yuan in income. According to the above analysis, can be calculated as follows:Because of an error that inflated 4000 yuan of assets; liabilities decrease (4 000-1 800-12 000) 9800 yuan; income inflated 14500 (2 500+12 000) minus 230

38、0 yuan, the cost of false (2 500-4 800), thus inflated profits 16800 yuan; equity inflated 16800 yuan.FourThe total cash receipts for this period are =4 100-3, 600+9 600=10 100 (yuan)This period, the total amount of =4 000+6 800-3 600=7 200 (RMB) recovered from customers arrearsThe total amount of r

39、aw materials purchased in this period is =3 200+3 800-7 000=0 (yuan)The expenses to be amortized for this period =8 800- (8000-1000) =1 800 (yuan)Current account payable =15 800- (16000-3000) =2 800 (yuan)FiveThe food and beverage companys 20 x 9 year related profit and loss items are determined as

40、follows:Income =420 000+50 000+32 000=502 000 (yuan)Charge =260 000+21 000+145 000+40 000=466 000 (yuan)Profit =502 000-466 000=36 000 (yuan)Through the above calculation, we can see that Zhou Zhengs catering company opened a year to achieve the operating results of profit of 36000 yuan. Because Zho

41、u Zhengyuan worked in the business unit, a monthly salary of 1500 yuan, the annual salary is 18000 yuan, obviously, Zhou Zheng started the catering company to obtain the profit to exceed their income in their units, that is to say, Zhou Zheng resigned from office and the company is right.As for the

42、subject, Zhou Zhengs personal expenses are 20000 yuan, which can not be regarded as the companys expenses. Because, in accordance with the requirements of the accounting entity premise, the companys accounting only accounting for the companys business, the company must be the main accounting busines

43、s and the owner of the company, namely, Zhou Zhengs business to distinguish. In addition, for Zhou Zhenglai said, in the decision, need to consider the loan interest on the investment problem, in this case, the annual interest loans amounted to 4000 yuan (100000 x 4%), but the interest amount is rel

44、atively small, therefore, does not change the final result.6. answers:Correct the wrong account:(1) marking is more correct: 35005300 (Yin Zhang)(2) borrow: fixed assets 70000Capital reserve 70000Borrow: fixed assets 70000Paid in capital 70000(3) borrow: fixed assets 5000Bank deposit 5000Management

45、fee 5000Bank deposit 5000(4): withholding expenses 2400Bank deposit 2400By: 2400 of the prepaid expensesBank deposit 2400(5) short term borrowing 36000Bank deposit 36000(6) by: accounts payable 54000Credit: notes payable 54000(7) surplus reserve 72000Paid in capital 720007. the general accounting vo

46、uchers are as follows:(1) table 3 - 7 general accounting voucher, cashier numberCertificate 44 - 1A 20 * 9 years June 2nd certificate numberSummary settlementThe way banks debit credit account account account amountSymbolGeneral ledger, subsidiary ledger, general ledger, account, subsidiary ledgerRe

47、ceive A investment bank deposits, paid in capital A investors 80000Add up to 80000 of the documentsAccounting Supervisor: Accounting: Auditing: making single entry: Cashier: payer:(2) table 3 - 8 general accounting voucher, cashier numberCertificate 44 - 1A 20 * 9 years June 10th certificate numberS

48、ummary settlementThe way banks debit credit account account account amountSymbolGeneral ledger, subsidiary ledger, general ledger, account, subsidiary ledgerPurchase materials, materials, bank deposits 20000Add up to 20000 of the documentsAccounting Supervisor: Accounting: Auditing: making single en

49、try: Cashier: payer:(3) table 3 - 8 general accounting voucher, cashier numberCertificate 44 - 1A 20 * 9 years June 11th certificate numberSummary settlementThe way banks debit credit account account account amountSymbolGeneral ledger, subsidiary ledger, general ledger, account, subsidiary ledgerPur

50、chase equipment fixed assets, bank deposits 300000Add up to 300000 of the documentsAccounting Supervisor: Accounting: Auditing: making single entry: Cashier: payer:(4) table 3 - 9 general accounting voucher, cashier numberCertificate 44 - 1A 20 * 9 years June 15th certificate numberSummary settlemen

51、tThe way banks debit credit account account account amountSymbolGeneral ledger, subsidiary ledger, general ledger, account, subsidiary ledgerRepayment of arrears, accounts payable, B, enterprise, bank deposits, 150000Add up to 150000 of the documentsAccounting Supervisor: Accounting: Auditing: makin

52、g single entry: Cashier: payer:(5) table 3 - 10 general accounting voucher, cashier numberCertificate 44 - 1A 20 * 9 years June 18th certificate numberSummary settlementThe way banks debit credit account account account amountSymbolGeneral ledger, subsidiary ledger, general ledger, account, subsidia

53、ry ledgerRecovery of debt, bank deposits, accounts receivable, C Corporation, 50000Add up to 50000 of the documentsAccounting Supervisor: Accounting: Auditing: making single entry: Cashier: payer:(6) table 3 - 11 general accounting voucher, cashier numberCertificate 44 - 1A 20 * 9 years June 20th ce

54、rtificate numberSummary settlementThe way banks debit credit account account account amountSymbolGeneral ledger, subsidiary ledger, general ledger, account, subsidiary ledgerWithdraw cash, inventory, cash, bank deposits 4000Add up to 4000 of the documentsAccounting Supervisor: Accounting: Auditing:

55、making single entry: Cashier: payer:(7) table 3 - 12 general accounting voucher, cashier numberCertificate 44 - 1A 20 * 9 years June 22nd certificate numberSummary settlementThe way banks debit credit account account account amountSymbolGeneral ledger, subsidiary ledger, general ledger, account, subsidiary ledgerAdvance travel, other receivables, Wang Ling, stock, cash 2000Add up to 2000 of the documentsAccounting Supervisor: Accounting: Auditing: makin