对外经济贸易会计综合答案历年考研真题2010-笔记加

对外经济贸易大学2005年攻读入学考431第一部分：英文试题（70分l.Giveabriefexnationforthefollowingterms（9AccruedAccumulatedAccountingPerpetualinventoryChartofBook2·Trueandfalse（6Foreachofthefollowingstatements，writetheTortheFtoindicatewhetherthestatementisTrueorFalse．（1）Atrialbalancethatbalancesprovidesproofthatalltransactionswerecorrectlyjournalizedandpostedtotheledger．Revenueincreasesowners’equityandisrecordedbyaThegrossprofitrateisequaltonetsalesexpressedasapercentageofaverageThereturnequitymaybeeitherhigherorlowerthanthereturnonEquipmentwhichismaintainedin“asgoodasnew”conditionneednotbeCollectionofanaccountreceivableincreases cashaswellas Input-orientedprinciplesarebroadrulesthatguidetheaccountingfunction．Input-orientedprinciplesCanbedividedintotwogeneralclassifications：Generalunderlyingrulesofoperationandconstrainingprinciples．Astheirnamesimply,theformeraregeneralinnaturewhilethelatteraregearedtocertainspecifictypesofsituations．Comparabilityhasoftenbeendescribedasaccountingforlikeeventsinasimilarmanner，butthisdefinitionistoosimplistictobeoperational．Italsoappliestothosewhousefinancialstatements．Comparability，viewedherefromtheuser’sstandpoint，referstothedegreeofreliabilitytiersshouldfindinfinancialstatementswhenevaluatingfinancialconditionortheresultsOfoperationsonaninter-firmbasisorpredicting eorcashflows．Multiplechoicequestions（pleasechoosethebestoneforeachofthefollowing（l2Theterm“netsales”referstototalsalesCostofgoodsSalesdiscount,andlesssalesreturnsandSalesdiscountandpurchasesNoneoftheTheamountincurredindebitsideoftheAllowanceforDoubtfulAccountsA.MoneysetasidetotakeCareofanybadTheamountofbaddebtsincurredinthepreviousTheamountwrittenoffasbaddebtsinthecurrentTheamountofbaddebtsincurredinthecurrentandpreviousNoneoftheWhichofthefollowingshouldnotincludedaspartofcashonthebalanceTheamountofpettycashatyear-Depositsintransitatyear-Outstandingchecksatyear-ChecksreceivedfromInadecadeofsteadilyfallingprices,theinventorymethodwhichwouldproducethelowestcostofgoodssoldinthe estatementwouldbe：FIFOLIFOActivityNoneoftheTheXYsoldequipmentthatoriginallyhadcost$51000for$22000cash．IfXYcorrectlyreporteda$5000gainonthethissale，theaccumulateddepreciationontheequipmentatthedateofsalemusthaveSomeotherThetermpaid—incapitalAllassetsotherthanretainedLegalcapitalplusretainedTotalstockholders’equityminusretainedTotallegalcapitalminusretainedIfa isprofitableandiseffectivelyusingleverage，whichoneofthefollowingratiosislikelytobethelargest?ReturnontotalReturnonoperatingReturnOncommonReturnontotalstockholders’Supposethata paysoneofitsliabilitiestwiceduringtheyear，inerror．Whataretheeffectsofthismistake?。Assetsandliabilitieswillbe Assets，net eandowners’equitywillbeunderstated,andliabilitieswillbeThedataofABCarepresentCurrentQuickCurrentliabilities（DecemberInventory（DecemberInventory8ThecostofgoodssoldofABC for2004was：B．$C．$E．SomeotherOnOctoberI，NPborrows$200000fromNationalBank,eresttobecomputedattherateof9%annum．Whichofthefollowingstatementsiscorrect．?Thematurityvalueofthisnoteis$200000；B．NP’sliabilityforthisloanatOctoberlis$209000；C．NP’sliabilityforthisloanatNovember30D．AtDecember31，NPwillhavealiabilityforaccrueinterestpayableintheamountE．NoneoftheaboveisXYcorporation’sreturnoncommonstockholders’equityiscurrently14%．IfXYissues10%bondspayable，thisactionwill：Decreasethereturnoncommonstockholders’equityinallDecreasethereturnoncommonstockholders’equity iftheproceedsfrombondsissuedareinvestedtocamanyratelessthan14%；Increasethereturnoncommonstockholders’equityina11Increasethereturnoilcommonstockholders’equityiftheproceedsfrombondsissuedareinvestedtoearnanyrategreaterthan10%：Assumethatthe ’snetsalesareincreasingfasterthantherateofinflation，andthatthe ’sgrossprofitrateisfalling．Themostlikelyexnationis： ’scostofpurchasingisOperatingexpensesareDemandforthe’sproductsisvery hasachievedanincreaseinsalesvolumebyreducingitssalesThepracticeofvaluinginventoryinthebalancesheetatexpectedsalesTotalliabilitiesdividedbyannualinterest（3）Acorrectionintheamountof ereportedinanearlieraccountingThetraditionalpracticeofresolvingdoubtbyselectingtheaccountingoptions，whichtendtominimizethenet eforthecurrentperiod．Entriesmadetoachievethegoalsofaccrualbasisofaccountingwhenrevenueofexpensetransactionsspanmorethanoneaccountingperiod．StatementofcashThecashflowsofXYforthefiscalyearendedDecember3l，2004aresummarizedCash$CashcollectedfromProceedsfromsalesofntandCash$CashpaidtorsandPurchasesofntandRepaymentof'amountsInterestDividendsBalancesofcashandcash 1BeginningoftheEndoftheUsetheaboveinformationdeterminingthefollowingsforXYCashflowsfromOperatingCashflowsfromFinancingCashflowsfrominvestingEPS（4SPhadnet eof$ in2004.The had250000sharesof$5parvaluecommonstockand25000sharesof6%，$100parvalue，convertiblepreferredstockoutstandingthroughouttheyear．Eachshareofpreferredstockisconvertibleintotwosharesofcommonstock．ComputethefollowingforyearBasicearningsperThenumberofsharestobeusedincomputingdilutedearningsper第二部分：中文试题（80分 、 、 式 式 四、综合分析题（30分对外经济贸易大学2005年攻读入学考431第一部分：英文试题（70分l.Giveabriefexnationforthefollowingterms（9Accruedexpenses:Incurredattheendofthereportingperiodbutnotyetpaid;alsocalledaccruedliabilities.Theaccruedliabilityisshownundercurrentliabilitiesinthebalancesheet.Forexample,assumethelastpayrolldatewasJanuary28.ThenextpayrolldateisFebruary11.Forthelastfewdaysofthemonth(January28—January31)the owesitsemployees$500insalaries.TheappropriatejournalentryonJanuary31istodebitsalariesexpenseandcreditsalariespayablefor$500.Accumulateddepreciation:Depreciationallocatesthecostofbuildingsandmachineryovertheperiodsofbenefits.Thedepreciationexpensetakeneachperiodaccumulatesintheaccount,AccumulatedDepreciation.Accountingcycle:Seriesofstepsinrecordinganaccountingeventfromthetimeatransactionoccurstoitsreflectioninthefinancialstatements;alsocalledbookkeecycle.Theordersofthestepsintheaccountingcycleare:recordinginthejournal,postingtotheledger,preparingatrialbalance,andpreparingthefinancialstatements.Perpetualinventorysystem:Onekeecontinualtrackofadditionsordeletionsinmaterials,workinprocess,andcostofgoodssoldonaday-to-daybasis.Physicalinventorycountsareusuallytakenatleastonceayearinordertocheckonaday-to-daybasisratherthanbeingdeterminedperiodically.Chartofaccounts:Alistofledgeraccountnamesandnumbersarrangedintheorderinwhichtheycustomarilyappearinthefinancialstatements.Thechartservesasausefulsourceforlocatingagivenaccountwithintheledger.Thenumberingsystemforthechartofaccountsmustleaveroomfornewaccounts.Arangeofnumbersisassignedtoeachfinancialstatementcategory.Forexample,assetaccountsmaybeassignedthenumbers1—100andliabilitiesassignedBookvalue:Thevalueofanassetasrecordedinthebooksofaccountofanorganization.Thisisnormallythehistoricalcostoftheassetreducedbyamountswrittenofffordepreciation.Iftheassethaseverbeenrevalued,thebookvaluewillbetheamountoftherevaluationlessamountssubsequentlywrittenofffordepreciation.Exceptatthetimeofpurchaseoftheasset,thebookvaluewillrarelybethesameasthemarketvalueoftheasset.2·Trueandfalse（6Foreachofthefollowingstatements，writetheTortheFtoindicatewhetherthestatementisTrueorFalse．（1）Atrialbalancethatbalancesprovidesproofthatalltransactionswerecorrectlyjournalizedandpostedtotheledger．(F)Revenueincreasesowners’equityandisrecordedbyaThegrossprofitrateisequaltonetsalesexpressedasapercentageofaverageThereturnequitymaybeeitherhigherorlowerthanthereturnonEquipmentwhichismaintainedin“asgoodasnew”conditionneednotbeCollectionofanaccountreceivableincreases cashaswellas （1）Input-orientedprinciplesarebroadrulesthatguidetheaccountingfunction．Input-orientedprinciplescanbedividedintotwogeneralclassifications：Generalunderlyingrulesofoperationandconstrainingprinciples．Astheirnamesimply,theformeraregeneralinnaturewhilethelatteraregearedtocertainspecifictypesofsituations．（2）Comparabilityhasoftenbeendescribedasaccountingforlikeeventsinasimilarmanner，butthisdefinitionistoosimplistictobeoperational．Italsoappliestothosewhousefinancialstatements．Comparability，viewedherefromtheuser’sstandpoint，referstothedegreeofreliabilitytiersshouldfindinfinancialstatementswhenevaluatingfinancialconditionortheresultsofoperationsonaninter-firmbasisorpredicting eorcashflows．Multiplechoicequestions（pleasechoosethebestoneforeachofthefollowing（l2Theterm“netsales”referstototalsalesless：CostofgoodsSalesdiscount,andlesssalesreturnsandSalesdiscountandpurchasesNoneoftheTheamountincurredindebitsideoftheAllowanceforDoubtfulAccountsMoneysetasidetotakecareofanybadTheamountofbaddebtsincurredinthepreviousTheamountwrittenoffasbaddebtsinthecurrentTheamountofbaddebtsincurredinthecurrentandpreviousNoneoftheWhichofthefollowingshouldnotincludedaspartofcashonthebalancesheet?Theamountofpettycashatyear-Depositsintransitatyear-Outstandingchecksatyear-ChecksreceivedfromInadecadeofsteadilyfallingprices,theinventorymethodwhichwouldproducelowestcostofgoodssoldin estatementwouldFIFOLIFOActivityNoneoftheTheXYsoldequipmentthatoriginallyhadcost$51000for$22000cash．If correctlyreporteda$5000gainonthethissale，theaccumulateddepreciationontheequipmentatthedateofsalemusthavebeen：CSomeotherThetermpaid-incapitalAllassetsotherthanretainedLegalcapitalplusretainedTotallegalcapitalminusretainedIfa isprofitableandiseffectivelyusingleverage，whichoneofthefollowingratiosislikelytobethelargest?DReturnontotalReturnonoperatingReturnOncommonReturnontotalstockholders’Supposethata paysoneofitsliabilitiestwiceduringtheyear，inerror．Whataretheeffectsofthismistake?。BAssetsandliabilitieswillbe eandowners’equitywillbe eandowners’equitywillbeunderstated,andliabilitieswillbeThedataofABCarepresentQuickCurrentliabilities（DecemberInventory（December8ThecostofgoodssoldofABC for2004was：CB．$C．$SomeotherOnOctoberI，NPborrows$200000fromNationalBank,eresttobecomputedattherateof9%annum．Whichofthefollowingstatementsiscorrect．?CA．Thematurityvalueofthisnoteis$200000；B．NP’sliabilityforthisloanatOctoberlis$209000；C．NP’sliabilityforthisloanatNovember30D．AtDecember31，NPwillhavealiabilityforaccrueinterestpayableintheamountE．NoneoftheaboveisXYcorporation’sreturnoncommonstockholders’equityiscurrently14%.IfXYissues10%bondspayable，thisactionwill：DDecreasethereturnoncommonstockholders’equityinallDecreasethereturnoncommonstockholders’equityiftheproceedsfrombondsissuedareinvestedtocamanyratelessthan14%；Increasethereturnoncommonstockholders’equityina11Increasethereturnoncommonstockholders’equityiftheproceedsfrombondsissuedareinvestedtoearnanyrategreaterthan10%.Assumethatthe ’snetsalesareincreasingfasterthantherateofinflation，andthatthe’sgrossprofitrateisfalling．Themostlikelyexnationis： ’scostofpurchasingisOperatingexpensesareDemandforthe’sproductsisvery hasachievedanincreaseinsalesvolumebyreducingitssalesThepracticeofvaluinginventoryinthebalancesheetatexpectedsalesTotalliabilitiesdividedbyannualinterest（3）Acorrectionintheamountof ereportedinanearlieraccountingThetraditionalpracticeofresolvingdoubtbyselectingtheaccountingoptions，whichtendtominimizethenet eforthecurrentperiod．Entriesmadetoachievethegoalsofaccrualbasisofaccountingwhenrevenueofexpensetransactionsspanmorethanoneaccountingperiod． Thecurrentinterestratelevelisnottheonlyfactorofinfluencingthebondmarketprice.Bondsurplussizeoftimeisalsoamainfactorofit.Withtheclosingonofthedatedueofbond,itsmarketpriceisedgingclosertoitsexpiringvalue,becauseenterpriseswillredeemaccordingtotheexpiringvalueonthedatedue.Intangibleassetsareusedtodescribethoseinthenon-mobilityassetsthatareusedinthebusinessactivitiesbutnotintheformofmaterialobject.SometermslikeaccountsreceivablesandStatementofcashThecashflowsofXYforthefiscalyearendedDecember3l，2004aresummarizedCash$CashcollectedfromProceedsfromsalesofntandCash$CashpaidtorsandPurchasesofntandRepaymentof'amountsInterestDividendsBalancesofcashandcash 1BeginningoftheEndoftheUsetheaboveinformationdeterminingthefollowingsforXYCashflowsfromoperatingCashflowsfromfinancingCashflowsfrominvestingCashflowsfromoperatingactivities:CashReceipts

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