会计英语期末试题

1、.山东经济学院 第 学期期末试题 会计学原理（Accounting） 试卷 (1)题号一二三四五六七八九十总分得分签字注意事项：所有的答案都必须写在答题纸上，答在试卷上一律无效、Translate The Following Terms Into Chinese . (20 points).1. entity concept 2.depreciation3. double entry system 4.inventories5. stable monetary unit 6.opening balance7.current asset 8.financial report9.prepaid e

2、xpense 10.internal control11.cash flow statement 12.cash basis13.tangible fixed asset 14.managerial accounting15. current liability 16.internal control 17.sales return and allowance 18.financial position19.sole proprietorship 20.direct write-off method、Translate The Following Sentences Into Chinese

3、. (20points).1. Accounting is often described as an information system. It is the system that measures business activities, processes into reports and communicates these findings to decision makers.2. The primary users of financial information are investors and creditors. Secondary users include the

4、 public, government regulatory agencies, employees, customers, suppliers, industry groups, labor unions, other companies, and academic researchers.3. There are two sources of assets. One is liabilities and the other is owners equity. Liabilities are obligations of an entity arising from past transac

5、tions or events, the settlement of which may result in the transfer or use of assets or services in the future.4. Accounting elements are basic classification of accounting practices. They are essential units to present the financial position and operating result of an entity. In China, we have six

6、groups of accounting elements. They are assets, liabilities, owners equity, revenue, expense and profit (income).5. The general journal (or journal) is a book of original entry that links the debits and credits of individual transactions by providing a complete record of each transaction in one plac

7、e, in chronological order. Please find the best answers to the following questions. (20 Points)1. Which of the following statement is false? a. The partnership form of business organization protects the personal assets of the owner from creditors of the businessb. A proprietorship has a single owner

8、c. Accounting is the information system that measures business activities, processes that information into reports, and communicates the results to decision makers.d. The FASB determines how accounting is practiced in the United States2. The principle or concept that holds that an entity will remain

9、 in operation for the foreseeable future is the a. going-concern conceptb. stable-monetary-unit conceptc. reliability principle d. cost principle3. Aftin Co. performs services on account when Aftin collects the account receivable a. assets increaseb. assets do not changec. owners equity decreasesd.

10、liabilities decrease4. An income statement reports .a.the assets, liabilities, and owners equity on a particular dateb.the change in the owners capital during the periodc.the cash receipt and cash payment during the period d.the difference between revenues and expenses during the period5.The followi

11、ng information about the assets and liabilities at the end of 20 x 1 and 20 x 2 is given below:20 x 120 x 2 Assets$ 75,000$ 90,000Liabilities36,00045,000If net income was $ 1,500 and there were no withdrawals, how much did the owner invest? a. $ 4,500b. $ 6,000c. $ 45,000d. $ 43,0006.Traylor Company

12、 paid $ 2850 on account. The effect of this transaction on the accounting equation is to .A.Decrease assets and decrease owners equityB.Increase liabilities and decrease owners equityC.Have no effect on total assetsD.Decrease assets and decrease liabilities7.The journal entry to record the collectio

13、n of $ 890 from a customer on account is .A.Accounts Payable 890Cash890B.Cash890Accounts Receivable 890C.Cash890Account Payable890D.Cash890Service Revenue8908.The ending Cash account balance is $ 57600. During the period, cash receipts equal $ 124,300. If the cash payments during the period total $

14、135,100, then the beginning Cash amount must have A. $ 68,400B. $ 46,800C. $ 181,900D. Cannot be determined from the information given9.Use the following selected information for the Alecia Company to calculate the correct credit column total for a trial balance .Accounts receivable$ 7,200Accounts p

15、ayable 6,900Building179,400Cash15,800Capital64,000Insurance expense6,500Salary expense56,100Salary payable3,600Service revenue190,500A. $ 201,000B. $ 137,100C. $ 265,000D. $ 74,50010.Which of the following statements is correct? .A.The chart of accounts is a list of all accounts with their balancesB

16、.The trial balance is a list of all accounts with their balances, divided as debit or creditC.The ledger is maintained in chart-of-accounts orderD.Both B and C are correct.Recording transactions in the general journal. (32 points)Please prepare adjusting and correcting journal entries for the month

17、ending 30th June 2006 for the following events:a. The balance of unearned service revenue on 1st June was $1,500. At the 30th June, one third of this amount had been earned.b. Yearly depreciation of equipment is estimated to be $2,400.c. Weekly salaries paid have been $20,000 for the past 6 months.

18、Employees work 5 days per week. On 30th June 3 days salaries are owed to employees.d. The business earns interest from the bank and is paid $5,000 interest on 31st March and 30th September each year. e. Office Supplies balance on 1st June was $1,500. The balance at 30th June was $600.f. The balance of Prepaid Insurance on 1