会计专业英语期末试题

1、期期末测试题I、Translate The Following Terms Into Chinese .1. entity concept 主题概念折旧3. double entry system5. stable monetary unitbalanceassetreportexpensecontrolflow statementbasisfixed assetaccounting15. current liability controlreturn and allowancepositionsheet write-off methodTranslate The Following Sent

2、ences Into Chinese .1. Accounting is often described as an information system. Itis the system that 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 inclu

3、de the public, government regulatory agencies, employees, customers, suppliers, industry groups, labor unions, other companies, and academic researchers.3. There are two sources of assets. One is liabilities and theother is owner s equity. Liabilities are obligations of an entity arising from past t

4、ransactions or events, the settlement of which may result in the transfer or use of assets or services 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

5、financial position and operating result of an entity. In China, we have six groups of accounting elements. They are assets, liabilities,owner, s 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 jour

6、nal) is a book of original entry that links the debits and credits of individual transactions by providing 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。田.Please find the best answers to the following questions.

7、1. Which of the following statement is false? a. The partnership form of business organization protects the 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 infor

8、mation into reports, and communicates the results to decision makers.d. The FASB determines how accounting 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

9、 conceptc. reliability principled. cost principle3. Aftin Co. performs services on account when Aftin collects the account receivable a. assets increaseb. assets do not changec. owner' s equity decreasesd. liabilities decrease4. An income statement reports .a. the as sets, liabilities, and owner

10、 ' s equity on a particular dateb. the change in the owner ' s capital during the periodc. the cash receipt and cash payment during the periodd. the difference between revenues and expenses during the period5. The following information about the assets and liabilities at the end of 20 x 1 an

11、d 20 x 2 is given below:20 x 120 x 2Assets$ 75,000$ 90,000Liabilities36,00045,000If net income was $ 1,500 and there were no withdrawals, 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 accounti

12、ng equation is to . A. Decrease assets and decrease owner ' s equityB. Increase liabiliti es and decrease owner ' s equityC. Have no effect on total assetsD. Decrease assets and decrease liabilities7. The journal entry to record on account is JA. Accounts Payable CashB. CashAccounts Receivab

13、leC. CashAccount PayableD. CashService Revenue8. The ending Cash account balance is receipts equal $ 124,300. If the cashthe collectionof $ 890 from a customer890890890890890890890890$ 57600. During the period, cash payments during the period total$ 135,100, then the beginning Cash amount must have1

14、. $ 68,4008. $ 46,800C. $ 181,900D. Cannot be determined from the information given9. Use the following selected information for the Alecia Company to calculate the correct credit column total for a trial balance .Accounts receivable$ 7,200Accounts payable6,900Building179,400Cash15,800Capital64,000I

15、nsurance expense6,500Salary expense56,100Salary payable3,600Service revenue190,500A. $ 201,000 B $ 137,100 C $ 265,000 D $ 74,50010. Which of the following 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 wi

16、th 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 items is the greatest in dollar amount?()A. beginning inventory B. cost of goods soldC. cost of goods available for sale D. ending inventory12. A c

17、ompany performs service on account t, when it collects the accounts receivable ()A. assets increase B .assets don' t changeC. owner' s equity decrease D. liabilities decrease13. The economic resources of a business are called ()A. owner' s equity B. assets C. accounting equation D .liabi

18、lities 14. Which of the following financial statements shows the financial position of a business entity at a specified date?A. balance sheetB. income statementC. statement of retained earnings D. cash flow statement15. The purchase of office supplies on account will ()A. increase an asset and incre

19、aseowner' s equityB. increase an asset and decrease another assetC. increase an asset and increase a liabilityD. increase an asset and decrease a liability of the following items is not an element of the balance sheet?() A. assets B. expenses C. liabilities D. owner' s equity17. A transactio

20、n caused a$10000 decrease in both total assets andliabilities. This transaction could have been（ ）A. purchase of a delivery truck for $10000 cashB. an asset with a cost of $10000 was destroyed by fireC. repayment of a $10000 bank loanD. collection of a $10000 account receivable18. Transferring trans

21、action data from the journal to the ledger is called （ ）A. posting B. recording C. journalizing D. interpreting purpose of the cash flow statement ,the term cash includes cash on hand ,cash on deposit, and （ ）A. cash in banks B. paper money C. cash equivalents D. coins20. The principle that holds th

22、at an entity will remain in operationfor the foreseeable future is the （ ）A. going-concern concept B. stable-monetary-unit conceptC. reliability principle D. cost principleIV .Recording transactions in the general journalusing the followingaccounts: 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. L