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By Tina Nelson,2014-09-24 23:57
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3章习题详细解答:

Self-Test Questions

1. 在权责发生制和收付实现制下同时记入收入是当:

2. 当费用付出而不是发生才记录费用是违背:

3. 对应计费用不作调整分录会导致:b.

Solution: If you dont record an acrued expense,the expense will be decrease .According to the formula: Revenu-Expense=Net Income,the expense will be understate,and result in Net Income overstate. 4. 一筆调整可能包括下列各项, 除开:b.

C.Example:Suppose Air&Sea Travel Agency holds a note receivable from a client,at the end of Sept. \$125 of interest revenue has been earned.

Dr.Interest receivable 125

Cr. Interest revenue 125 5.2003年损益表显示有租金费用\$6100, 与资产负债表有联

系的帐户: 预付租金: 期初余额\$1400, 期末余额

\$1200.2003年付出的租金为:5900.

( 1400+x)-6100=1200 x=5900

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习题3-1: 分别就下列独立情形, 在编制年度财务报表前, 编制20031231日的调整分录:

Exercise 3-1:

Dec31 a Supplies Expense(470+330-100) 700

Supplies 700

b Insurance Expense 1,360

Prepaid Insurance 1,360

c Insurance Expense 200

Prepaid Insurance 200

d Depreciation Expense- Equ. 3,470

Accumulated Depreciation -Equ. 3,470

e Property taxes expense 1,260

Property taxes payable 1,260

习题3-2; 假如习题3-1中需要调整的项目在会计期末沒有作出调整,

每一筆调整说明如在此时忽略此筆调整对编制损益表和资产负债表的影响.

Exercise 3-2:

Income Statement Balance Sheet a Net income is overstated by Asset, OE is overstated by \$700 (Supplies)

\$700

b Net income is overstated by Asset, OE is overstated by \$1,360 (Prepaid

\$1,360 Insurance)

c Net income is overstated by Asset, OE is overstated by \$200 (Prepaid Insurance)

\$200

d Net income is overstated by Asset, OE is overstated by \$3,470 (equipment)

\$3,470

e Net income is overstated by Liability is understated by \$1,260 (Property taxes

\$1,260 payable)

OE is overstated by 1,260

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练习3-3: 决定下列各直行中问号的金额. 每一直行金额构成的问题互不相关.

Exercise 3-3:

(a) (b) (c) (d) Supplies on hand on January 1 \$180 \$410 \$745 \$340 Supplies purchased during the 230 390 645 220 year

Supplies remaining at the 80 115 560 480 year-end

Supplies expense for the year 320 850 425 330

问题3-1: 社区技术学校会计年度末--1231日调整前试算表如下.要求:

1. 在试算表中附加设立这些帐户: 应收帐款, 应付工薪, 赚取的知识更新报酬, 折旧费用--设备, 折旧费用--专业图书館, 保险费用, 和办公用品费用. 帐户金额过入试算表.

2. 使用下列信息编制和过入调整分录.

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Problem 3-1:

Dec. 31 a Insurance Expense 900

Prepaid Insurance 900

b Office Supplies Expense 2,630

Office Supplies 2,630

c Depreciation Expense, equipment 3,300

Accumulated depreciation, equipment 3,300

d Depreciation Expense, Professional Library 1,320

Accumulated depreciation, professional 1,320

library

e Unearned extension fees 1,200

Extension Fees Earned 1,200

f Accounts Receivable 2,700

Extension Fees Earned 2,700

g Salaries expense 210

Salaries Payable 210

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Title Dr. Cr. DR. CR. Dr. Cr. Cash 7,200 \$7,200 Accounts Rec. 2,700(f) 2,700 Office supplies 4,300 2,630(b) 1,670 Prepaid Insurance 8,100 900(a) 7,200 Equipment 43,300 43,300 Accu. Depreciation 14,900 3,300(c) 18,200 Professional library 19,800 19,800 Accu. Depreciation 8,490 1,320(d) 9,810 Accounts Payable 860 860 Salaries Payable 210(g) 210 Unearned extension 2,400 1,200(e) 1,200 Kay Perry, capital 55,950 55,950 fees

Kay Perry, 15,000 15,000 Enrollment fees 43,400 43,400 withdrawals

Extension Fees 2,700(f) 3,900 earned

1,200(e) Earned

Salaries Exp. 16,800 210(g) 17,010 Rent Exp. 9,600 9,600 Office Supplies 2,630(b 2,630 Advertising expense 500 500 Expense )

Insurance Exp. 900(a) 900 Depr. Exp. 3,300(c) 3,300 Depr. Exp. 1,320(d 1,320 Equipment

Utilities expense 1,400 1,400 Professional Library )

\$126,000 \$126,00\$12,260\$12,260 \$133,530 \$133,530

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COMMUNITY TECHNICAL SCHOOL

Income statement

For the year ended December 31, 20X3

Revenue

Enrollment fees earned \$43,400

Extension Fees Earned 3,900 Total revenue \$47,300 Expenses

Salaries expense \$17,010

Rent expense 9,600

Office Supplies Expense 2,630

Depreciation Expense, Equipment 3,300

Depreciation Expense, Professional Library 1,320

Utilities expense 1,400

Insurance Expense 900

Total expenses 36,660 Net income \$10,640

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COMMUNITY TECHNICAL SCHOOL

Statement of Owners Equity

For the year ended December 31, 20X3

Kay Perry, capital, December 31, 20X2 \$55,950

Less: withdrawals (15,000)

Emily Schneider, capital December 31, 20XX \$51,590

COMMUNITY TECHNICAL SCHOOL

Balance Sheet

Dec. 31, 20X3

Assets

Current assets:

Cash \$ 7,200

Accounts receivable 2,700

Office Supplies 1,670

Prepaid Insurance 7,200

Total current assets \$21,540

Capital assets:

Professional library 19,800

Less: Accumulated depreciation 9,810

Equipment 43,300

Less: Accumulated depreciation 18,200

Total capital assets 35,090 Total assets \$53,860

Liabilities

Current liabilities:

Accounts payable \$ 860

Salaries Payable 210

Unearned revenues 1,200

Total current liabilities 2,270

Total liabilities \$ 2,270

Owner’s Equity

Kay Perry, capital 51,590

Total liabilities and owner’s equity \$53,860

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Problem 3-2:

Dec. 31 a Insurance Expense 2,220

Prepaid Insurance 2,220

b Landscaping Supplies Expense 1,270

Landscaping Supplies 1,270

c Depreciation Expense, Landscaping 820

Equipment

Accumulated depreciation, Landscaping 820

Equipment

d Depreciation Expense, Trucks 6,600

Accumulated depreciation, Trucks 6,600

e Depreciation Expense. Building 3,020

Accumulated depreciation, Building 3,020

f Unearned landscape architecture fees 750

Landscape architecture fees earned 750

g Accounts Receivable 480

Landscape architecture fees earned 480

h Landscape wages expense 630

Wages Payable 630

Title Dr. Cr. DR. CR. Dr. Cr. Cash 3,000 3,000 Accounts Rec. 1,400 480(g) 1,880 Landscaping 1,680 1,270(b) 410 Prepaid Insurance 3,200 2,220(a) 980 supplies

Investment in Sierra 6,000 6,000 Trucks 42,000 42,000 Accu. Depreciation 17,000 6,600(d) 23,600 Landscaping 5,700 5,700 Accu. Depreciation 1,900 820(c) 2,720 equipment

Building 68,000 68,000 Accu. Depreciation 19,800 3,020(e) 22,820 Land 16,000 16,000 Franchise 30,000 30,000 Wage Payable 630(h) 630 Unearned landscape 1,050 750(f) 300

architecture fees

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Long-term notes 75,600 75,600 Eve Adams, capital 49,270 49,270 payable

Eve Adams, 27,000 27,000 Insurance Expense 2,220(a) 2,220 withdrawals

Landscape 12,250 750(f) 13,480 architecture 480(g)

Landscaping fees earned 84,000 84,000 services revenue

Landscape wages 31,950 630(h) 32,580 expense

Office salaries 14,200 14,200 Landscaping 1,270(b 1,270 expense

Supplies Expense )

Depreciation 3,020(e) 3,020 Exp. Building

Depreciation 6,600(d 6,600 Expense, Trucks )

Depreciation 820(c) 820 Expense,

Interest expenseLandscaping 6,800 6,800 Gas, oil, and 3,940 3,940 Equipment

repair expense

\$260,870 \$260,87\$15,790 \$15,790 \$272,420 \$272,420

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EDEN'S GARDEN

Income statement

For the year ended December 31, 20X3

Revenue

Landscape architecture fees earned \$13,480

Landscaping services revenue 84,000 Total revenue \$97,480 Expenses

Office salaries expense \$14,200

Landscape wages expense 32,580

Interest expense 6,800

Gas, oil, and repair expense 3,940

Insurance Expense 2,220

Landscaping Supplies Expense 1,270

Depreciation Expense. Building 3,020

Depreciation Expense, Trucks 6,600

Depreciation Expense, Landscaping 820 Equipment

Total expenses 71,450 Net income \$26,030

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EDEN'S GARDEN

Statement of Owners Equity

For the year ended December 31, 20X3

Eve Adams, capital, December 31, 20X2 \$37,270

Add: investment (you can see p75:required 2.) 12,000

net income 26,030

Less: withdrawals (27,000)

Emily Schneider, capital December 31, 20XX \$48,300

EDEN'S GARDEN

Balance Sheet

Dec. 31, 20X3

Assets

Current assets:

Cash \$ 3,000

Accounts receivable 1,880

Landscaping supplies 410

Prepaid Insurance 980

Total current assets \$6,270

Capital assets:

Investment in Sierra, Inc,, common stock

(long-term) 6,000

Building 68,000

Less: Accumulated depreciation 22,820

Trucks 42,000

Less: Accumulated depreciation 23,600

Landscaping equipment 5,700

Less: Accumulated depreciation 2,720

Land 16,000

Franchise 30,000

Total capital assets 118,560

Total assets \$124,830

Liabilities

Current liabilities:

Wages Payable \$ 630

Current potion of Long-term notes payable 9,000

Unearned revenues 300

Total current liabilities 9,930

Long-term liabilities:

Long-term notes payable (less current portion)66,000

Total liabilities \$76,530

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Owner’s Equity

Kay Perry, capital 48,300

Total liabilities and owner’s equity \$124,830 75600-9000

习题3-3 福斯特公司调整前试算表和2003年会计年度末--1231日的调整后试算表如下.

要求: 考察福斯特公司调整前试算表和调整后试算表, 以编制福斯

特公司年度末必须作出的调整分录.

Problem 3-3:

Dec. 31 a Insurance Expense (2400-1200) 1,200

Prepaid Insurance 1,200

b Office Supplies Expense (1320-480) 840

Office Supplies 840

c Depreciation Expense, Office Equipment 800

(2400-1600)

Accumulated depreciation, Office Equ. 800

d Unearned consulting fees (6750-3670) 3,080

Consulting fees earned 3,080

e Accounts Receivable (+3050:increase) 3,050

Consulting fees earned 3,050

f Salaries Expense (increase:1500) 1,500

Salaries Payable 1,500

g Interest expense (increase:1230) 1,230

Interest Payable 1,230