会计英语(西方经济学)chapter3-currentassets

Chapter3CurrentAssetsAccountingEnglishAnalyzeTransactions/Events(Adjustments)JournalizeTransactions/EventsPosttotheLedgerPrepareaTrialBalance分析经济事项（调整事项）登记日记账过入分类账编制试算表ReviewPart1:IntroductionCashCashinBank(Deposit)库存现金银行存款

0.CurrentAssets

Definition

Currentassetsareexpectedtobeconvertedtocashorsoldorusedupwithinoneyearorless,throughthenormaloperationsofthebusiness.

Composition

cash,tradingsecurities,receivables,inventories…

Characteristic

Liquidity-

Itreferstohowreadilyanassetcanbeconvertedintoothertypesofassets,orisusedtobuyservicesorpayoffobligations.

1.Cash

Definition

Cashisacurrentassetthatincludescurrency,coin,moneyordersreceivedfromcustomers,amountsheldintheformofdemanddeposits,savingaccounts,andcertificatesofdeposit.Currency

Coin

MoneyOrder

CashcontrolCashissusceptibletomisappropriation.现金易于被挪用。

Thefollowinginternalcontrolprocedures:Responsibilityforhandlingcashandchecks(custody)shouldbeseparatedfromthekeepingofcashrecords.Allcashreceiptsshouldbedepositedintacteachday.Thisisnecessaryinordertosafeguardassetsandmaintainadequaterecords.Allpaymentsshouldbemadebycheck.Minorpaymentsaremadefromapettycashfund,notfromcashreceipts.

ThePettyCashFund备用金

建立备用金establishingthefund

使用备用金makingpettycashpayments补充备用金reimbursingthefundE.g.P.58Establish:Dr.PettycashCr.CashUsing:Dr.XXexpensesCr.Pettycash

ThePettyCashFund备用金

建立备用金establishingthefund

使用备用金makingpettycashpayments补充备用金reimbursingthefundE.g.P.58Establish:Dr.PettycashCr.CashUsing:Dr.XXexpensesCr.Pettycash

2.CashinBank(Deposit)

BankStatement

CheckingaccountDepositorSubmitThebeginningcashbalanceAlladditionsanddeductionsforthemonthTheendingcashbalance支票账户储户提交期初存款余额本月全部增减额期末存款余额Firstnationalbank:MadisonMadisonHotelInc.101BeltlineHighwayMadison,WisconsinStatementofaccountAccountNO.3131368DateofstatementDec.31,2012checksDepositsDateBalanceBalance11-30-201215640.30300.0012-115940.30450.00325.60190.70750.0012-215724.00107.15135.40RT640.2012-316121.650.50DM200.0012-416321.15………………………………122.50235.805.00SC47570ItemCodes:EC-ErrorCorrectionLS-ListofChecksDM-DebitMemoSC-ServiceChargeOD-OverdraftRT-ReturnedItemE.g.:

2.CashinBank(Deposit)

BankReconciliation

Reason:theexistenceofdifference

OutstandingchecksDepositsnotyetcreditedbythebankItemschargedbybank,notyetenteredonbooksItemscreditedbybank,notyetenteredonbooksAccountingerrors

Differencesbetweenbankstatementandcompany’scashbook

未兑付支票企业已收银行未收银行已付企业未付银行已收企业未收记账差错Balanceperbankstatement$XXXBalanceperbooks$XXXAdd:depositsnotyetcreditedbybankXXXAdd:itemscreditedbybank,notyetenteredonbooksXXX$XXX$XXXLess:outstandingchecksXXXLess:itemschargedbybank,notyetenteredonbooksXXXAdjustedbalance$XXXAdjustedbalance$XXXXXCompanyBankReconciliationDec.31,2012BankReconciliation:ShouldagreeIfthesefinalamountsdonotagree,oneshouldlookcarefullyforreconcilingitemsomittedfromthescheduleorforpossibleerrorsinrecordkeeping.如果两个最终金额不符，那就要仔细地找出表内漏列的调节项目或簿记中的可能差错。Part2:Dialogue日常工作：A:Whatareyoudoing?B:Inventoryofthecash.A:Notthatagain!B:Makinganinventoryofthecashismyeverydaywork.A:Andwillyougotothebankagain?B:Yes,thecashbalancesshouldbesenttothebankeveryafternoon.A:Whatelseshouldyoudoeveryday?B:Well,accountantsshouldkeepdailyandmonthlybalanceandhandoverthereportontime.A:Youreallyneedpatiencetobeanaccountant.B:Youareright.1.读写货币的秘诀各种常见的外币简称及单位说法Part3:KnowledgeExpansion货币符号简称完整说法中文$AUDAustraliandollar澳元£GBPBritishpound英镑$CADCanadiandollar加元￥CNYChineserenminbi人民币€EUREuro欧元$HKDHongKongdollar港币￥JPYJapaneseyen日元$SGDSingaporedollar新加坡元₩KRWSouthKoreanwon韩元$USDUSdollar美元(1)美元有元（dollar）、角（dime）、分（cent）三种单位常用的面额有：(2)英镑有镑（pound）、便士（penny）两种单位（1pound=100pennies）常用的面额有：纸币1、2、5、10、20、50、100元硬币1元和50、25、10、5和1分铸币纸币1镑（仅苏格兰）、5镑、10镑、20镑、50镑和100镑（仅苏格兰和北爱尔兰）硬币1便士、2便士、5便士、10便士、20便士、50便士、1镑、2镑(3)欧元有元（euro）和分（cent）两种单位常用的面额有：(4)美元和欧元等货币符号一般是放在数字之前，但念的时候要说成“数字+USdollar(s)”、“数字+euro(s)”.

$4.25fourdollars(and)twenty-fivecents€100.50onehundredeurosandfiftycents纸币5欧元、10欧元、20欧元、50欧元、100欧元、200欧元和500欧元硬币2欧元、1欧元、50欧分、20欧分、10欧分、5欧分、2欧分和1欧分(5)A货币兑换成B货币的汇率说法：Today’srateistenRMBtooneeuro.IwanttoexchangesomeJapaneseyenforRMB.WhatistheexchangeratebetweenthepoundandtheUSdollar?2.使用支票的相关说法openacheckingaccount开立支票账户Areyouthinkingaboutopeningacheckingaccount?Thereareseveralkindsofcheckingaccountsatourbank.writesb.acheck开支票给某人Howmanychecksdoyouwriteinamonth?Makeacheckoutfor+金额Macymadeacheckoutfor120dollars.depositacheck存入支票DoyouknowhowtodepositacheckintoanATM?cashacheck兑现支票Ineedtocashan$8,000check,butthebankdoesnothavethatmuchcashonhand.bounceacheck跳票（指因为支票帐户内没有钱，银行无法兑现支票，遂把此空头支票寄还给支票持有人的行为。）Ifyoudon’thaveenoughmoneyinyouraccount,youwillbounceyourchecks/yourcheckswillbounce.支票的填写Step1：Writethenameofthepersonwhoyouarepayingonthisline.

Sometimesabusinesswillsay‘Makeyourcheckpayableto...’Youwouldw