中级财务会计英文版

FinancialStatementsChapter3IntermediateAccounting12thEditionKieso,Weygandt,andWarfield

PreparedbyCobyHarmon,UniversityofCalifornia,SantaBarbara中级财务会计英文版全文共106页，当前为第1页。1.Understandthepurposesofthebalancesheet.2.Definetheelementsofabalancesheet.3.Explainhowtomeasuretheelementsofabalancesheet.4.Classifytheassetsofabalancesheet.5.Classifytheliabilitiesofabalancesheet.6.Reportthestockholders’equityofabalancesheet.7.Understandtheconceptsofincome.8.Explaintheconceptualguidelinesforreportingincome.LearningObjectives中级财务会计英文版全文共106页，当前为第2页。9.Definetheelementsofanincomestatement.10.Describethemajorcomponentsofanincomestatement.11.Computeincomefromcontinuingoperations.12.Computeresultsfromdiscontinuedoperations.13.Identifyextraordinaryitems.14.Prepareastatementofretainedearnings.15.Reportcomprehensiveincome.LearningObjectives中级财务会计英文版全文共106页，当前为第3页。Resources(Assets)Claimsagainstresources(Liabilities)Remainingclaimsaccruingtoowners(Owner’sEquity)BalanceSheet中级财务会计英文版全文共106页，当前为第4页。A=L+OEBasicAccountingIdentityBalanceSheet中级财务会计英文版全文共106页，当前为第5页。AssetsProbablefutureeconomicbenefitsobtainedorcontrolledbyaparticularentityasaresultofpasttransactionsorevents.BasicDefinitions-SFACNo.6BalanceSheet中级财务会计英文版全文共106页，当前为第6页。BasicDefinitions-SFACNo.6LiabilitiesProbablefuturesacrificesofeconomicbenefitsarisingfrompresentobligationsofaparticularentitytotransferassetsorprovideservicestootherentitiesasaresultofpasttransactionsorevents.BalanceSheet中级财务会计英文版全文共106页，当前为第7页。Owners’EquityTheresidualinterestintheassetsofanentitythatremainsafteritsliabilitiesarededucted.BasicDefinitions-SFACNo.6BalanceSheet中级财务会计英文版全文共106页，当前为第8页。AssetClassificationsCurrentAssetsCashInventoriesReceivablesPrepaymentsBalanceSheetFormat中级财务会计英文版全文共106页，当前为第9页。AssetClassificationsNoncurrentAssetsInvestmentsandfundsIntangiblesProperty,Plant,&EquipmentDeferredChargesBalanceSheetFormat中级财务会计英文版全文共106页，当前为第10页。LiabilityClassificationsCurrentLiabilitiesAccountsPayableShort-termNotesPayableCollectionsinadvanceofunearnedrevenueAccruedExpensesBalanceSheetFormat中级财务会计英文版全文共106页，当前为第11页。

CurrentassetsLess: CurrentliabilitiesEquals: WorkingCapitalCurrentassetsCurrentliabilities

=WorkingCapitalRatioWorkingCapital中级财务会计英文版全文共106页，当前为第12页。LiabilityClassificationsNoncurrentLiabilitiesCapitalLeasesLong-termNotesPayablePensionLiabilitiesBondsPayableBalanceSheetFormat中级财务会计英文版全文共106页，当前为第13页。EquityClassificationsOwners’EquityCapitalStockOtherContributedCapitalTreasuryStockRetainedEarningsBalanceSheetFormat中级财务会计英文版全文共106页，当前为第14页。Acorporationmustdisclosethechangesinitsstockholders’equityaccountwhenissuingfinancialstatements.Thisstatementshouldshowinvestmentsbyanddistributionstoownersduringtheperiod,amongotheritems.StatementofChangesinStockholders’Equity中级财务会计英文版全文共106页，当前为第15页。FASBStatementofConceptsNo.6definedinvestmentsbyownersanddistributionstoowners,asfollows:Investmentsbyownersareincreasesintheequityofacompanyresultingfromtransfersofsomethingvaluabletothecompanyfromotherentitiesinordertoobtainorincreaseownershipinterests.Distributionstoownersaredecreasesintheequityofacompanycausedbytransferringassets,renderingservices,orincurringliabilitiestoowners.StatementofChangesinStockholders’Equity中级财务会计英文版全文共106页，当前为第16页。Balance,Jan.1,2007 $65,000 $143,400 $64,900 $10,000 $283,300Unrealizedincreaseinvalueofavailable-for-salesecurities 2,000 2,000Netincome 62,500 62,500Cashdividendspaid (11,200) (11,200)Commonstockissued 6,500

30,500

37,000

Balance,Dec.31,2007 $71,500 $173,900 $116,200 $12,000 $373,600

SCHEDULEACARONMANUFACTURINGCOMPANY

AccumulatedCommonAdditionalOtherStockPaid-inRetainedComprehensive$5parCapitalEarningsIncomeTotalStatementofChangesinStockholders’EquityForYearEndedDecember31,2007StatementofChangesinStockholders’Equity中级财务会计英文版全文共106页，当前为第17页。OffsettingassetsandliabilitiesLossandgaincontingenciesValuationsreportedintheBalanceSheetTerminologyComparativeStatementsAdditionalReportingIssues中级财务会计英文版全文共106页，当前为第18页。LossProbable(?)Reasonablyestimated(?)NoNoorDisclosureandYesYesReportamountinfinancialstatementsReasonablypossibleDiscloseinnotestothefinancialstatementsContingentLiabilitiesandAssets中级财务会计英文版全文共106页，当前为第19页。CurrentvalueamountsgenerallyarenotshownontheBalanceSheet.Containsmanyestimates.CertainassetsandliabilitiesarenotshownontheBalanceSheet,e.g.,humanresources.LimitationsofBalanceSheet中级财务会计英文版全文共106页，当前为第20页。EconomicIncomeAccountingIncomevs.IncomeStatement中级财务会计英文版全文共106页，当前为第21页。CapitalMaintenanceConceptUnderthisconcept,corporateincomeforaperiodoftimeistheamountthatmaybepaidtostockholdersduringthatperiodandstillenablethecorporationtobeaswelloffattheendoftheperiodasitwasatthebeginning.ConceptsofIncome中级财务会计英文版全文共106页，当前为第22页。Assumeacorporationhasnetassetsof$45,000atthebeginningand$80,000attheendoftheyear,andthatnoadditionalinvestmentsorwithdrawalsweremade.Endingnetassets $80,000Less:Additionalinvestment 0

Endingnetassetsexcludinginvestment $80,000Less:Beginningnetassets (45,000 )Totalincomefortheyear $35,000

CapitalMaintenanceConceptThecorporationcouldpayout$35,000tostockholdersandstillbeaswelloffatyear-end.ConceptsofIncome中级财务会计英文版全文共106页，当前为第23页。Assumeacorporationhasnetassetsof$45,000atthebeginningand$80,000attheendoftheyear.Stockholdersmadeadditionalcapitalinvestmentsof$10,000.Endingnetassets $80,000Less:Additionalinvestment (10,000 )Endingnetassetsexcludinginvestment $70,000Less:Beginningnetassets (45,000 )Totalincomefortheyear $25,000

CapitalMaintenanceConceptConceptsofIncome中级财务会计英文版全文共106页，当前为第24页。TransactionalApproachThetransactionalapproachtoincomemeasurementisusedinaccountingtoday.ConceptsofIncome中级财务会计英文版全文共106页，当前为第25页。TransactionalApproachUnderthisconcept,acompanyrecordsitsnetassetsattheirhistoricalcost,anditdoesnotrecordchangesintheassetandliabilitiesunlessatransaction,event,orcircumstancehasoccurredthatprovidesreliableevidenceofachangeinvalue.ConceptsofIncome中级财务会计英文版全文共106页，当前为第26页。TransactionalApproachAcorporation’snetincomeforanaccountingperiodcurrentlyismeasuredasfollows:Netincome=Revenues–Expenses+Gains-LossesConceptsofIncome中级财务会计英文版全文共106页，当前为第27页。Revenuesareinflows(orincreases)ofassetsofacompanyorsettlementofitsliabilitiesduringaperiodfromdeliveringorproducinggoods,renderingservices,orotheractivitiesthatarethecompany’songoingmajororcentraloperations.Revenues中级财务会计英文版全文共106页，当前为第28页。Recognition

istheprocessofformallyrecordingandreportinganiteminacompany’sfinancialstatementswhentheyareearned.RevenuesRecognition中级财务会计英文版全文共106页，当前为第29页。Acompanyusuallyrecognizesrevenueatthetimegoodsaresoldorservicesarerendered.Revenues中级财务会计英文版全文共106页，当前为第30页。Expensesareoutflowsofassetsofacompanyorincurrencesofliabilitiesduringaperiodfromdeliveringorproducinggoods,renderingservices,orcarryingoutotheractivitiesthatarethecompany’songoingmajororcentraloperations.Expenses中级财务会计英文版全文共106页，当前为第31页。Causeandeffect (costofgoodssoldandcommissions)Systematicandrational(depreciation)Immediaterecognition(periodcosts)Expensesshouldbematchedorrecognizedinthesameperiodastherevenuestheyhelpgenerate.ExpenseRecognition中级财务会计英文版全文共106页，当前为第32页。Gainsandlosses

arereportednet(notnetoftax)incontrasttorevenuesandexpenses,whicharereportedgross.TheyappearintheOther

sectionofamultiplestepincomestatement.GainsandLosses中级财务会计英文版全文共106页，当前为第33页。Salesrevenue(net)CostofgoodssoldGrossprofitOperatingexpensesIncomefromoperationsOtheritemsIncomefromcontinuingoperationsbeforetaxIncometaxexpenserelatedtocontinuedoperationsIncomefromcontinuingoperations1.

IncomefromcontinuingoperationsIncomeStatementContent中级财务会计英文版全文共106页，当前为第34页。ResultsfromdiscontinuedoperationsIncome(loss)fromoperationsofdiscontinuedsignificantcomponents(netofincometaxes).Gain(loss)fromdisposalsofdiscontinuedsignificantcomponents(netofincometaxes).IncomeStatementContent中级财务会计英文版全文共106页，当前为第35页。Extraordinaryitems(netofincometaxes)NetincomeEarningspershare That’sit!IncomeStatementContent中级财务会计英文版全文共106页，当前为第36页。ProperHeading{IncomeStatement(Single-Step)中级财务会计英文版全文共106页，当前为第37页。Expenses&Losses{Revenues&Gains{ProperHeading{IncomeStatement(Single-Step)中级财务会计英文版全文共106页，当前为第38页。Let’StakealookataMulti-StepIncomeStatement,next.中级财务会计英文版全文共106页，当前为第39页。ProperHeading{IncomeStatement(Multiple-Step)中级财务会计英文版全文共106页，当前为第40页。BANNERCORPORATIONSchedule1:CostofGoodsSoldForYearEndedDecember31,2007Inventory,January1,2007 $41,000Purchases $80,300Freight-in 5,500

Costofpurchases $85,800Less:Purchasesreturns (2,800)Netpurchases 83,000

Costofgoodsavailableforsale $124,000Less:Inventory,December31,2007 (38,000)Costofgoodssold $86,000

CostofGoodsSold中级财务会计英文版全文共106页，当前为第41页。ProperHeading{GrossMargin{IncomeStatement(Multiple-Step)中级财务会计英文版全文共106页，当前为第42页。ProperHeading{GrossMargin{OperatingExpenses{IncomeStatement(Multiple-Step)中级财务会计英文版全文共106页，当前为第43页。Operatingexpensesarethoseprimaryrecurringcosts(otherthancostofgoodssold)incurredtogeneratesalesrevenue.OperatingExpenses中级财务会计英文版全文共106页，当前为第44页。ProperHeading{GrossMargin{OperatingExpenses{{Non-operatingItemsIncomeStatement(Multiple-Step)中级财务会计英文版全文共106页，当前为第45页。ProperHeading{GrossMargin{OperatingExpenses{{Non-operatingItems{TaxesIncomeStatement(Multiple-Step)中级财务会计英文版全文共106页，当前为第46页。

Extraordinarygainsandlossesanddiscontinuedoperationsare...Reportedseparatelyontheincomestatement.2.Shown

netofanyrelatedtaxes.OtherItems中级财务会计英文版全文共106页，当前为第47页。IncomefromcontinuingoperationsIncome(loss)fromtheoperationsofadiscontinuedcomponentGain(loss)fromthedisposalofadiscontinuedcomponentExtraordinaryitemsAnypriorperiodadjustmentsAnyitemsofothercomprehensiveincomeIncometaxexpenseismatchedagainstthefollowing:IncomeTaxExpense中级财务会计英文版全文共106页，当前为第48页。Interperiodtaxallocationinvolvesallocatingacorporation’sincometaxobligationasanexpensetovariousaccountingperiodsbecauseoftemporary(timing)differencesbetweenitstaxableincomeandpretaxfinancialincome.IncomeTaxExpense中级财务会计英文版全文共106页，当前为第49页。Intraperiodtaxallocationinvolvesallocatingacorporation’stotalincometaxexpenseforaperiodtothevariouscomponentsofitsnetincome,retainedearnings,andothercomprehensiveincome.IncomeTaxExpense中级财务会计英文版全文共106页，当前为第50页。Anextraordinaryitemisaneventortransactionthatisbothunusualinnatureandinfrequentinoccurrence.Unusualnature--theunderlyingeventortransactionpossessesahighdegreeofabnormalityandisofatypeclearlyunrelatedto,oronlyincidentallyrelatedto,theordinaryandtypicalactivitiesofthecompany.Infrequencyofoccurrence--theunderlyingeventortransactionisofatypethatisnotreasonablyexpectedtorecurintheforeseeablefuture.ExtraordinaryItems中级财务会计英文版全文共106页，当前为第51页。Unusual?NoReportGain(Loss)AsIncomefromContinuingOperation(OtherItemssection)Infrequent?NoorIncomefromContinuingOperation(OtherItemssection)EventExtraordinaryItems中级财务会计英文版全文共106页，当前为第52页。EventUnusual?NoReportGain(Loss)AsInfrequent?NoorYesYesandExtraordinaryItemExtraordinaryItems中级财务会计英文版全文共106页，当前为第53页。SpecificextraordinaryitemsidentifiedinthepronouncementThedirectresultofamajorcasualty(suchasanearthquake).Anexpropriation.Aprohibitionunderanewlyenactedlaworregulationthatclearlymeetsbothcriteria.ExtraordinaryItems中级财务会计英文版全文共106页，当前为第54页。Thewrite-downorwrite-offofreceivables,inventories,equipmentleasedtoothers,orintangibleassets.Gainsorlossesfromexchangesortransactionsofforeigncurrency.Gainsorlossesfromthedisposalsofabusinesscomponent.EventsthattheAPBOpinionNo.30identifiedasnotqualifyingasextraordinary:ContinuedExtraordinaryItems中级财务会计英文版全文共106页，当前为第55页。Othergainsorlossesfromthesaleorabandonmentofproperty,plant,orequipment.Theeffectsofastrike.Theadjustmentofaccrualsonlong-termcontracts.Theeffectofaterroristattack.EventsthattheAPBOpinionNo.30identifiedasnotqualifyingasextraordinary:ExtraordinaryItems中级财务会计英文版全文共106页，当前为第56页。Oneotheritemisrequiredtobereportedasanextraordinaryitem.AsprescribedbyFASBStatementNo.141,whenacompanypurchasesanothercompanyandpayslessthanthefairvalueoftheothercompany,itreportsthedifferenceasanextraordinarygain.ExtraordinaryItems中级财务会计英文版全文共106页，当前为第57页。During19X8,ApexCo.experiencedalossof$75,000duetoanearthquakeatoneofitsmanufacturingplantsinNashville.Thiswasconsideredanextraordinaryitem.Thecompanyreportedincomefromcontinuingoperationsof$128,387.Allgainsandlossesaresubjecttoa30%taxrate.Howwouldthisitemappearonthe19X8incomestatement?ExtraordinaryItemsExample中级财务会计英文版全文共106页，当前为第58页。ExtraordinaryItemsExample中级财务会计英文版全文共106页，当前为第59页。IncomeStatementPresentation:ExtraordinaryItemsExample中级财务会计英文版全文共106页，当前为第60页。Someeventsareunusualor

infrequent,butnotboth.Forexample:restructuringcharges.gainorlossfromthesaleofassets.IwonderhowIshouldreporttheseitems.ReportingUnusualorInfrequentItems中级财务会计英文版全文共106页，当前为第61页。IwonderhowIshouldreporttheseitems.Psst!Whydon’tyoutryreportingtheminIncomefromOperations?ReportingUnusualorInfrequentItems中级财务会计英文版全文共106页，当前为第62页。Acompanymaydecideto“discontinue”someofitsoperationsandsellacomponentoftheseoperations.Whatisacomponent?DiscontinuedOperations中级财务会计英文版全文共106页，当前为第63页。Acomponentofacompanyinvolvesoperationsandcashflowsthatcanbeclearlydistinguished,operationallyandforfinancialpurposes,fromtherestofthecompany.Acomponentmaybeasubsidiary,anoperatingsegmentoranassetgroup.DiscontinuedOperations中级财务会计英文版全文共106页，当前为第64页。Ifacomponentofanentityhaseitherbeendisposedoforclassifiedasheldforsale,wereporttheresultsofitsoperationsseparatelyindiscontinuedoperationsiftwoconditionsaremet:Theoperationsandcashflowsofthecomponenthavebeen(orwillbe)eliminatedfromtheongoingoperation.Theentitywillnothaveanysignificantcontinuinginvolvementintheoperationsofthecomponentafterthedisposaltransaction..中级财务会计英文版全文共106页，当前为第65页。FASBStatementNo.144requiresthatall

ofthefollowingcriteriabemettoqualifyfor“heldforsale”:Managementhascommittedtoaplantosellthecomponent.Thecomponentisavailableforimmediatesaleinitspresentcondition.Managementhasbegunanactiveprogramtolocateabuyer.Thesaleisprobablewithinoneyear.Thecomponentisbeingmarketedforsaleatapricethatisreasonableinrelationtocomponent’sfairmarketvalue.Itisunlikelythatmanagementwillmakesignificantchangestotheplan.HeldforSale中级财务会计英文版全文共106页，当前为第66页。Twocomponentsareaccountedfor:Resultsofoperationsforthediscontinuedoperationsbeforethedisposaldecision.Gainorlossfromdisposalofasegment.DiscontinuedOperations中级财务会计英文版全文共106页，当前为第67页。Incomefromcontinuingoperations $93,000Resultsfromdiscontinuedoperations: Incomefromoperationsof discontinuedDivisionX(net of$2,880incometaxes) $6,720 LossondisposalofDivisionX (netof$6,000incometaxcredit) (14,000 ) (7,280 )Incomebeforeextraordinaryitems $85,720

ReportednetoftaxesReportednetoftaxesIncomeStatement:ResultsfromDiscontinuedOperations中级财务会计英文版全文共106页，当前为第68页。Notethatdiscontinuedoperationsarereportedontheincomestatementafter

thecontinuingoperations,butbefore

extraordinaryitems.IncomeStatement:ResultsfromDiscontinuedOperations中级财务会计英文版全文共106页，当前为第69页。Incomefromcontinuingoperations $93,000Resultsfromdiscontinuedoperations:

Incomefromoperationsof discontinuedDivisionX(net of$2,880incometaxes) $6,720

Incomebeforeextraordinaryitems $85,720Element1:operatingincome(loss)IncomeStatement:ResultsfromDiscontinuedOperations中级财务会计英文版全文共106页，当前为第70页。Incomefromcontinuingoperations $93,000Resultsfromdiscontinuedoperations: Incomefromoperationsof discontinuedDivisionX(net of$2,880incometaxes) $6,720

LossondisposalofDivisionX (netof$6,000incometaxcredit) (14,000 ) (7,280 )Incomebeforeextraordinaryitems $85,720Element2:gainorlossondisposalIncomeStatement:ResultsfromDiscontinuedOperations中级财务会计英文版全文共106页，当前为第71页。OnSeptember30,2007,DuvallCompanysellsDivisionC(acomponentofitsoperations)for$102,000andincurs$2,000oflegalfeesandclosingcosts.Atthetimeofthesale,thebookvaluesofDivisionC’sassetsandliabilitiesare$150,000and$80,000,respectively.DuvallCompanyissubjecttoa30%incometaxrate.SaleIllustrationContinuedIncomeStatement:ResultsfromDiscontinuedOperations中级财务会计英文版全文共106页，当前为第72页。Netcashreceived($102,000–$2,000) $100,000BookvalueofnetassetsofDivisionC: Assets $150,000 Liabilities (80,000 ) Netbookvalue (70,000 )Pretaxgain $30,000Incometax(30%) (9,000 )After-taxgain $21,000

SaleIllustration中级财务会计英文版全文共106页，当前为第73页。Whenacompanyclassifiesasignificantcomponentasheldforsale,itrecordsandreportsthecomponentatthelowerof(1)itsbookvalue(bookvalueofassetsminusbookvalueofliabilities)or(2)itsfairvalue(theamountatwhichtheassetsandliabilitiesasawholecouldbesoldinacurrentsingletransaction)lessanycosttosell.SaleinaLaterAccountingPeriod中级财务会计英文版全文共106页，当前为第74页。ElmoCompanyclassifiesDivisionM(asignificantcomponentofitsoperations)as“heldforsale”attheendof2007.ElmoCompanyexpectstosellDivisionMin2008atitsfairvalueof$200,0000

(consistingofassetswithafairvalueof$300,000andliabilitieswithafairvalueof$100,000).

Attheendof2007,thebookvalueofDivisionMis$240,000

(assetsbookvalue,$330,000;liabilitiesbookvalue,$90,000).

Thecompanyissubjecttoa30%incometaxrate.ContinuedSaleinaLaterAccountingPeriod中级财务会计英文版全文共106页，当前为第75页。FairvalueofDivisionM $200,000BookvalueofnetassetsofDivisionM: Assets $330,000 Liabilities (90,000 ) Netbookvalue (240,000 )Pretaxloss $(40,000 )Endof2007LossonWrite-DownofHeld-For-Sale DivisionM(pretax) 40,000 LiabilitiesofDivisionM 10,000 AssetsofDivisionM 30,000中级财务会计英文版全文共106页，当前为第76页。DisclosuresRequiredbyFASBStatementNo.144Adescriptionofthefactsandcircumstancesleadinguptothesale,and,ifheld-for-sale,theexpectedmannerandtimingofthesale.Therevenuesandpretaxincome(loss)ofthecomponentincludedinitsoperatingincome(loss)reportedintheresultsofdiscontinuedoperationssectionofthecompany’sincomestatement.ContinuedIncomeStatement:ResultsfromDiscontinuedOperations中级财务会计英文版全文共106页，当前为第77页。DisclosuresRequiredbyFASBStatementNo.144Ifnotreportedseparatelyonitsincomestatement,thegain(loss)onthesaleandthecaptionontheincomestatementthatincludesthegain(loss).Ifnotseparatelyreportedonitsbalancesheet,thebookvalueofthemajorclassesofassetsandliabilities.IncomeStatement:ResultsfromDiscontinuedOperations中级财务会计英文版全文共106页，当前为第78页。Changeinestimates

Changeinaccountingprinciple

ChangeinreportingentityReportingAccountingChangesc中级财务会计英文版全文共106页，当前为第79页。Revisionofapreviousaccountingestimate.Thenewestimateshouldbeusedinthecurrentandfutureperiods.Theprioraccountingresultsshouldnotbedisturbed–FASBStatementNo.154.ChangeinEstimates中级财务会计英文版全文共106页，当前为第80页。OnJanuary1,19X5,wepurchasedequipmentcosting$30,000,withausefullifeof10yearsandnosalvagevalue.During19X8,wedeterminethattheremainingusefullifeis5years(8-yeartotallife).Weusestraight-linedepreciation.

Calculatedepreciationexpensefor19X8baseduponthisnewestimate.ChangeinEstimates

Example中级财务会计英文版全文共106页，当前为第81页。Recorddepreciationexpenseof$4,200for19X8andsubsequentyears.ChangeinEstimates

Example中级财务会计英文版全文共106页，当前为第82页。OccurswhenchangingfromoneGAAPmethodtoanotherGAAPmethod.Makeacatch-upadjustmentknownasthecumulativeeffectofachangeinaccountingprinciple.Thecumulativeeffectisreportednetoftaxesanddirectlyafterthebeginningretainedearningsamountonthecompany’sretainedearningsstatement.ChangeinAccountingPrinciple中级财务会计英文版全文共106页，当前为第83页。Let’smoveontoafewfinaltopics.中级财务会计英文版全文共106页，当前为第84页。EarningsPerShare.StatementofRetainedEarnings.PriorPeriodAdjustments.ComprehensiveIncomeOtherTopics中级财务会计英文版全文共106页，当前为第85页。Generallycomputedasfollows:EarningsPerShare

中级财务会计英文版全文共106页，当前为第86页。Retainedearningsisthelinkbetweenacorporation’sbalancesheetanditsincomestatement.StatementofRetainedEarnings中级财务会计英文版全文共106页，当前为第87页。

Beginningretainedearnings $59,200 Plus(minus):Priorperiodadjustment (netof$2,400incometaxes) 5,600

Adjustedbeginningretainedearnings $64,800 Plus(minus):Netincome(loss) 22,300

$87,100

Minus:Dividends(specificallyidentified,

includingpershareamounts) (9,400)

Endingretainedearnings

$77,700StatementofRetainedEarnings中级财务会计英文版全文共106页，当前为第88页。Correctionsoferrorsfromapreviousperiod.AppearontheStatementofRetainedEarnings

asanadjustmenttobeginningretainedearnings.Mustshowtheadjustmentnetofincometaxes.PriorPeriodAdjustments中级财务会计英文版全文共106页，当前为第89页。RecallthattheFASBnowrequirescompaniestoreporttheircomprehensiveincome(orloss)fortheaccountingperiod.Acompany’scomprehensiveincomeconsistsoftwoparts:netincomeandothercomprehensivenetincome.Currently,therearefouritemsofacompany’sothercomprehensiveincome:ContinuedComprehensiveIncome中级财务会计英文版全文共106页，当前为第90页。Anyunrealizedincreases(gains)ordecreases(losses)inthemarketvalueofinvestmentsinavailable-for-salesecurities.Anychangeintheexcessofitsadditional

pensionliabilityoverunrecognizedpriorservicecosts.Certaingainsandlosseson“derivative”financialinstruments.Anytransactionadjustmentfromconvertingthefinancialstatementsofacompany’sforeignoperationsintoU.S.dollars.ComprehensiveIncome中级财务会计英文版全文共106页，当前为第91页。Inaseparatestatementofcomprehensiveincome.Onthefaceofitsincomestatement.Initsstatementofchangesinstockholders’equity.TheFASBallowsacompanytoreportitscomprehensiveincomeunderthreealternatives:Thecompanymustdisplaythestatementcontainingthecomprehensiveincomeasa

majorfinancialstatementinitsannualreport.ComprehensiveIncome中级财务会计英文版全文共106页，当前为第92页。YOURS...OHNO!WhoseIdeawasthis?中级财务会计英文版全文共106页，当前为第93页。Chapter3TheEndTaskForceImageGalleryclipartincludedinthiselectronicpresentationisusedwiththepermissionofNVTechInc.中级财务会计英文版全文共106页，当前为第94页。￥1111111111111111111111111111111222222222222222222222222222222222222222222222222222222223333333333333333333333333333333333333333333333333333333333333333333344444＄§¦β↓×√㎜ɡ©≥≧ɑ←‰®↓←≠¥θ￥®÷㎝½¼￥＄§¦β↓×√㎜②￥◎…ɡ©≥≧ɑ←‰®ɡ©≥≧￥◎…ɡ©≥≧ɑ←‰®ɡ©≥≧－￥¾½¼￥＄§¦β↓×√㎜½¼￥＄§¦β↓×√㎜↓←≠¥θ￥®÷㎝②￥◎…ɡ©≥≧ɑ←‰®½¼￥＄§¦β↓×√㎜ɡ©≥≧ɑ←‰®↓←≠¥θ￥®÷㎝½¼￥＄§¦β↓×√㎜②￥◎…ɡ©≥≧ɑ←‰®ɡ©≥≧￥◎…ɡ©≥≧ɑ←‰®ɡ©≥≧－￥¾½¼￥＄§¦β↓×√㎜½¼￥＄§¦β↓×√㎜≧ɑ←‰ɡ©≥←‰®½¼↓←≠¥θ￥®÷㎝②￥◎…ɡ©≥≧ɑ←‰®½¼￥＄§¦β↓×√㎜ɡ©≥≧ɑ←‰®↓←≠¥θ￥®÷㎝½¼￥＄§¦β↓×√㎜②￥◎…ɡ©≥≧ɑ←‰®ɡ©≥≧￥◎…ɡ©≥≧ɑ←‰®ɡ©≥≧－￥¾½¼￥＄§¦β↓×√㎜½¼￥＄§¦β↓×√㎜￥＄§¦β↓×√㎜½¼￥＄§¦β↓×√㎜￥＄§¦β↓×√㎜½¼￥＄§¦β↓×√㎜↓×√㎜↓←②￥←‰®½¼←‰®½¼←‰®½¼←‰®½¼←‰®½¼←‰®½↓←≠¥θ￥®÷㎝②￥◎…ɡ©≥≧ɑ←‰®½¼￥＄§¦β↓×√㎜ɡ©≥≧ɑ←‰®↓←≠¥θ￥®÷㎝½¼￥＄§¦β↓×√㎜②￥◎…ɡ©≥≧ɑ←‰®ɡ©≥≧￥◎…ɡ©≥≧ɑ←‰®ɡ©≥≧－￥¾½¼￥＄§¦β↓×√㎜½¼￥＄§¦β↓×√㎜￥＄§¦β↓×√㎜½¼￥＄§¦β↓×√㎜￥＄§¦β↓×√㎜½¼￥＄§¦β↓×√㎜↓×√㎜↓←②￥←‰®½¼←‰®½¼←‰®½¼←‰®½¼←‰®½¼←‰®½¼↓←≠¥θ￥®÷㎝②￥◎…ɡ©≥≧ɑ←‰®½¼￥＄§¦β↓×√㎜ɡ©≥≧ɑ←‰®↓←≠¥θ￥®÷㎝½¼￥＄§¦β↓×√㎜②￥◎…ɡ©≥≧ɑ←‰®ɡ©≥≧￥◎…ɡ©≥≧ɑ←‰®ɡ©≥≧－￥¾½¼￥＄§¦β↓×√㎜½¼￥＄§¦β↓×√㎜￥＄§¦β↓×√㎜½¼￥＄§¦β↓×√请删除后使用，谢谢请删除后使用，谢谢请删除后使用，谢谢请删除后使用，谢谢请删除后使用，谢谢请删除后使用，谢谢请删除后使用，谢谢请删除后使用，谢谢中级财务会计英文版全文共106页，当前为第95页。佛家有云：苍生尽管难度，但是更难度的是人心。记得苦禅大师也曾经说过：皆说黄连苦，可最苦的是心苦。

如果随机地采访几位路人，问他们同一个话题，你觉得，世界上什么情绪是最难熬的。估计一万个人里，会有一万个人回答悲伤。

当我们读一本好书，为了其中的细节而落泪；当我们看一场电影，为了其中的人物伤感，这些还都称不上悲伤，充其量可算作难过。真正的悲伤是一种无法用言语表达的痛楚。中级财务会计英文版全文共106页，当前为第96页。dskdfibsdkbfndsldkhslhokdhsodhvkskdnvklsoifyoishigibivbisbdvibsidbvoisbvoibsoivbiosbviohsivhkjshivuhiuhfiugruysdbvslkdbvlkbokbvkozbxkjcbjkbvjkbkjvbkjccbvkjbcxzvhoisdbvibsdivbisdvknflksnlkvnsodskdfibsdkbfndsldkhslhokdhsodhvkskdnvklsoifyoishigibivbisbdvibsidbvoisbvoibsoivbiosbviohsivhkjshivuhiuhfiugruysdbvslkdbvlkbokbvkozbxkjcbjkbvjkbkjvbkjccbvkjbcxzvhoisdbvibsdivbisdvknflksnlkvnsodskdfibsdkbfndsldkhslhokdhsodhvkskdnvklsoifyoishigibivbisbdvibsidbvoisbvoibsoivbiosbviohsivhkjshivuhiuhfiugruysdbvslkdbvlkbokbvkozbxkjcbjkbvjkbkjvbkjccbvkjbcxzvhoisdbvibsdivbisdvknflksnlkvnsodskdfibsdkbfndsldkhslhokdhsodhvkskdnvklsoifyoishigibivbisbdvibsidbvoisbvoibsoivbiosbviohsivhkjshivuhiuhfiugruysdbvslkdbvlkbo