会计专业英语期末考试练习卷(new)

11.Theeconomicresourcesofabusinessarecalled:BA.Owner’sEquityB.AssetsC.AccountingequationD.Liabilities2.DTKCompanyhasa$3500accountsreceivablefromGRSCompany.OnJanuary20,GRSCompanymakesapartialpaymentof$2100toDTKCompany.ThejournalentrymadeonJanuary20byDTKCompanytorecordthistransactionincludes:DA.Adebittothecashreceivableaccountof$2100.B.Acredittotheaccountsreceivableaccountof$2100.C.Adebittothecashaccountof$1400.D.Adebittotheaccountsreceivableaccountof$1400.3.Ingeneralterms,financialassetsappearinthebalancesheetat:AA.Facevalue.账面价值B.Currentvalue.现值C.Marketvalue.市场价值D.Estimatedfuturesalesvalue.4.Eachofthefollowingmeasuresstrengthensinternalcontrolovercashreceiptsexcept:DA.Theuseofavouchersystem.B.Preparationofadailylistingofallchecksreceivedthroughthemail.C.Thedepositofcashreceiptsintactinthebankonadailybasis.D.Theuseofcashregisters.5.Whichofthefollowingitemsisthegreatestindollaramount?DA.BeginninginventoryB.Costofgoodssold.C.CostofgoodsavailableforsaleD.Endinginventory6.WhydocompaniesprefertheLIFOinventory后进先出法methodduringaperiodofrisingprices?BA.HigherreportedincomeB.LowerincometaxesC.LowerreportedincomeD.Higherendinginventory7.Whichofthefollowingcharacteristicswouldpreventanitemfrombeingincludedintheclassificationofplantandequipment?DA.IntangibleB.UnlimitedlifeC.Beingsoldinitsusefullife2D.Notcapableofrenderingbenefitstothebusinessinthefuture.8.Whichaccountisnotacontra-assetaccount?BA.DepreciationExpenseB.AccumulatedDepletionC.AccumulatedDepreciationD.AllowanceforDoubtfulAccounts9.Whatarethetwofactorsthatmakeownershipofaninterestinageneralpartnershipparticularlyrisky?AA.MutualagencyandunlimitedpersonalliabilityB.Limitedlifeandunlimitedpersonalliability.C.Limitedlifeandmutualagency.D.Doubletaxationandmutualagency10.Whichofthefollowingtypesofbusinessownersdonottakeanactiveroleinthedailymanagementofthebusiness?DA.GeneralpartnersB.LimitedliabilitypartnersC.Soleproprietors个体经营者D.Stockholdersinapubliclyownedcorporation11.AnalystscanusethefootnotestothefinancialstatementstoDA.HelptheiranalysisoffinancialstatementsB.HelptheirunderstandingoffinancialstatementsC.Helptheircheckingoffinancialstatements.D.Alloftheabove12.Thecurrentliabilitiesare$30000,thelong-termliabilitiesare$50000,andthetotalassetsare$240000.Whatisthedebtratio?CA.0.125B.0.208C.0.333D.3.013.ThehorizontalanalysisisusedmainlytoAA.AnalyzingfinancialtrendsB.EvaluatingfinancialstructureC.AssessingthepatperformancesD.Measuringtheterm-payingability14.Amongthefollowingratios,whichisusedforlong-termsolvencyanalysis?长期偿债能力分析AA.Currentratio流动比率B.Times-interest-earnedratio3C.OperatingcycleD.Bookvaluepershare15.Aprofit-makingbusinessthatisaseparatelegalentityandinwhichownershipisdividedintosharesofstockisknownasaDA.Soleproprietorship个体独资公司B.SingleproprietorshipC.Partnership合伙公司D.Corporation股份有限公司一、名词解释(10分)(1)Journalentry：日记账Journalentryisaloggingoftransactionsintoaccountingjournalitems.Itcanconsistofseveralitems,eachofwhichiseitheradebitoracredit.Thetotalofthedebitsmustequalthetotalofthecreditsorthejournalentryissaidtobeunbalanced.Journalentriescanrecorduniqueitemsorrecurringitemssuchasdepreciationorbondamortization.(2)Goingconcern：持续经营Thecompanywillcontinuetooperateinthenearfuture,unlesssubstantialevidencetothecontraryexists.(3)Matchingprinciple：一致性原则(4)Workingcapital：营运资金(5)Revenueexpenditure：收入费用二、会计业务（共35分）1.OnDecember1,MECompanyborrowed$250000fromabank,andpromisetorepaythatamountplus12%interest(peryear)attheendof6months.(1)PreparethegeneraljournalentrytorecordobtainingtheloanfromthebankonDecember1.(2)PreparetheadjustingjournalentrytorecordaccrualoftheinterestpayableontheloanonDecember31.(3)PreparethepresentationoftheliabilitytothebankonME’sDecemberbalancesheet.Answer:(1)Debit:cash$250000Credit:currentliabilities$250000(2)Debit:AccrualExpense$5000不确定Credit:InterestPayable$5000(3)P392.ThefollowinginformationrelatingtothebankcheckingaccountisavailableforMusicHallatJuly31:BalanceperbankstatementatJuly31$200000Balanceperdepositor’srecords188604Outstandingchecks2000Depositsintransit800Servicechargebybank60Prepareabankreconciliation银行对账工作froMusicHallatJuly31.Answer:P423.Pleasepreparetherelatedentriesaccordingtothefollowingaccountingevents.1)AssumetheHealyFurniturehascreditsaleof$1,200,000in2002.Ofthisamount,$200,000remainsuncollectedatDecember31.Thecreditmanagerestimatesthat$12,000ofthesesaleswillbeuncollectible.Pleasepreparetheadjustingentrytorecordtheestimateduncollectible.2)OnMarch1,2003themanageroffinanceofHealyFurnitureauthorizesawrite-offofthe$500balanceowedbyNickCompany.Pleasemaketheentrytorecordthewrite-off.3)OnJuly1,NickCompanypaidthe$500amountthathadbeenwrittenoffonMarch1.Answer:(1)Debit:UncollectibleAccountsExpense坏账损失$12000Credit:AllowanceforDoubtfulAccounts坏账准备$12000(2)Debit:AllowanceforDoubtfulAccounts$500Credit:AccountsReceivable$500(3)Debit:AccountsReceivable$500Credit:AllowanceforDoubtfulAccounts$500Debit:Cash$500Credit:AccountsReceivable$500四、英译汉（40分）(1)Accountingprinciplesarenotlikephysicallaws;theydonotexistinnature,awaitingdiscoveryman.Rather,the