会计专业英语期末试题 )

1、会计专业英语期末试题 )期期末测试题、Translate The Following Terms Into Chinese . 1. entity concept 主题概念 2.depreciation折旧3. double entry system 4.inventories5. stable monetary unit 6.opening balance7.current asset 8.financial report9.prepaid expense 10.internal control11.cash flow statement 12.cash basis13.tangible f

2、ixed asset 14.managerial accounting15. current liability 16.internal control 17.sales return and allowance 18.financial position19.balance sheet 20.direct write-off method、Translate The Following Sentences Into Chinese . 1. Accounting is often described as an information system. It is the system tha

3、t 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 public, government regulatory agencies, employees, customers, suppliers, industry groups, l

4、abor 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 transactions or events, the settlement of which may result in the transfer or use of assets or serv

5、ices in the future.资产有两个来源，一个是负债，另一个是所有者权益。负债是由过去的交易或事件产生的实体的义务，其结算可能导致未来资产或服务的转让或使用。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 groups of accounting eleme

6、nts. They are assets, liabilities, owners equity, revenue, expense and profit (income).会计要素是会计实践的基础分类。它们是保护财务状况和实体经营的重要部分。在中国，我们有六个会计要素。它们是资产，负债，所有者权益，收入，费用和利润（收入）。5. The general journal (or journal) is a book of original entry that links the debits and credits of individual transactions by providin

7、g a complete record of each transaction in one place, in chronological order.普通日记账（或日记账）是一个链接这借方和个别交易的信用的一本原始条目，是按时间顺序，在一个地方提供一个完整的交易记录。. Please find the best answers to the following questions. 1. Which of the following statement is false? a. The partnership form of business organization protects t

8、he personal assets of the owner from creditors of the businessb. A proprietorship has a single ownerc. 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 accountin

9、g is practiced in the United States2. The principle or concept that holds that an entity will remain 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 co

10、llects the account receivable a. assets increaseb. assets do not changec. owners equity decreasesd. 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 pay

11、ment during the period d.the difference between revenues and expenses during the period5.The following 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 wit

12、hdrawals, how much did the owner invest? a. $ 4,500b. $ 6,000c. $ 45,000d. $ 43,0006.Traylor Company 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

13、on total assetsD.Decrease assets and decrease liabilities7.The journal entry to record the collection 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 $ 5760

14、0. During the period, cash receipts equal $ 124,300. If the cash payments during the period total $ 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

15、 calculate the correct credit column total for a trial balance .Accounts receivable$ 7,200Accounts payable 6,900Building179,400Cash15,800Capital64,000Insurance expense6,500Salary expense56,100Salary payable3,600Service revenue190,500A. $ 201,000 B $ 137,100 C $ 265,000 D $ 74,50010.Which of the foll

16、owing statements is correct? .A.The chart of accounts is a list of all accounts with their balancesB.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 correct11. Which of the following it

17、ems is the greatest in dollar amount?( )A. beginning inventory B. cost of goods sold C. cost of goods available for sale D. ending inventory12. A company performs service on account t, when it collects the accounts receivable ( )A. assets increase B .assets dont changeC. owners equity decrease D. li

18、abilities decrease13. The economic resources of a business are called ( )A. owners equity B. assets C. accounting equation D .liabilities14. Which of the following financial statements shows the financial position of a business entity at a specified date?A. balance sheet B. income statement C. state

19、ment of retained earnings D. cash flow statement15. The purchase of office supplies on account will ( )A. increase an asset and increase owners equity B. increase an asset and decrease another assetC. increase an asset and increase a liabilityD. increase an asset and decrease a liability16.Which of

20、the following items is not an element of the balance sheet? ( )A. assets B. expenses C. liabilities D. owners equity17. A transaction caused a$10000 decrease in both total assets and liabilities. This transaction could have been( )A. purchase of a delivery truck for $10000 cashB. an asset with a cos

21、t of $10000 was destroyed by fireC. repayment of a $10000 bank loanD. collection of a $10000 account receivable18. Transferring transaction data from the journal to the ledger is called ( )A. posting B. recording C. journalizing D. interpreting19.For purpose of the cash flow statement ,the term cash

22、 includes cash on hand ,cash on deposit, and ( )A. cash in banks B. paper money C. cash equivalents D. coins20. The principle that holds that an entity will remain in operation for the foreseeable future is the ( )A. going-concern concept B. stable-monetary-unit concept C. reliability principle D. cost principle.Recording transactions in the general journal using the following accounts: Fixed Assets(固定资产), Cash(现金), Rent Expense(房租费用), Accounts Receivable(应收账款), Accounts Payable(应付账款), Sales(销售收入).1. Sunrise Co. Ltd paid the ren