中国地质大学（北京）继续教育学院 2016年05课程考试
（6）坏账 （7）复式记账 （8）备用金 （9）current assets （10）毛利 （11）先进先出法 （12）balance sheet （13）结构分析法 （14）集团公司 （15）transaction （16）短期偿债能力
2．Label the following accounts as asset (A), liability (L), owner’s equity (OE), revenues (R) or expense (E) 1 A
3. Answer the question related to the topic of the conversation
2 R 3 A 4 5 L 6 R 7 OE 8 E 9 A 10 E L Answer in English the question related to the topic of the conversation In inventory accounting, we need compute the amounts of cost for good sold and ending inventory. However, the inventory of some firms is sufficiently similar that the firm can’t feasibly use specific identification costs. So it must make some assumption to compute the cost of units sold and units remained in inventory, which is called cost flow assumptions, and one of them is LIFO. LIFO usually doesn’t reflect physical floes, but firms use it since in a period of rising acquisition costs. LIFO’s higher (than FIFO) cost-of-goods-sold figure reduces reported income and income taxes.
4. Casey Electronics’ ending inventory consists of 182 Model M43 CD players
第9页（共15页）
中国地质大学（北京）继续教育学院 2016年05课程考试
acquired through various purchases, as follows:
34 Units(beginning inventory) @ $270 each = $9180
. 60 Units(first purchase) @$282 each = 16920 . 88 Units(second purchase) @$298 each = 26224 182 Units $52324
5. You are given the following balance sheet and income statement for 2002 and 2003
(1) current ratio = current assets / current liabilities
= 2,500 / 1,500 = 1.67
(2) debt to equity ratio = total liabilities / total stockholders equity
= 2,500/3,300 = 75.76%
(3) quick ratio = (current assets – inventories) / current liabilities
= 1,300 / 1,500 = 0.86
6. Translate the followings into Chinese
在实务中，会计有不同的分类。最通常的是财务会计和管理会计。其他领域包括成本会计，环境会计，税务会计，国际会计，非盈利会计和社会会计。
7．Choose the best answer from A, B, C, D to complete the sentence or to answer the question:
（1）C （2）C （3）B
8．Casey Electronics’ ending inventory consists of 182 Model M43 CD players acquired through various purchases, as follows:
164 Units @ $312 each = $51168
. 18 Units @$298 each = $5364 182 Units $56532
第10页（共15页）
中国地质大学（北京）继续教育学院 2016年05课程考试
9．On July 1, Cruz opened Cruz Auto Detail company . (1) Record the transactions with “Dr.”and “Cr.”. 1. Cash 70,000
L.A. Cruz, Capital 70,000 2. Equipment 43,000
Cash 43,000 3. Equipment 7,000
Accounts Payable 7,000 4. Accounts Payable 2,000
Cash 2,000 5. Supplies 8,000
Accounts Payable 8,000 6. Cash 3,520
Income from Service 3,520 7. Rent Expense 900
Cash 900 8. Prepaid Insurance 360
Cash 360 9. Advertising Expense 400
Accounts Payable 400 10. Accounts Receivable 1,050
Income from Services 1,050 11. Accounts Payable 2,000
Cash 2,000 12. Utilities Expense 160
Cash 160 13. Accounts Payable 400
Cash 400 14. Wages Expense 1,400
11页（共15页）
第中国地质大学（北京）继续教育学院 2016年05课程考试
Cash 1,400 15. Equipment 1,500
Cash 600 16. Cash 850
Accounts Receivable 850 17. Cash 2,700
Income from Service 2,700 18. L.A. Cruz, Drawing 3,000
Cash 3,000
(2)Prepare Adjusted Trail Balance on July 31.
Cruz Auto Detail Adjusted Trail Balance
July 31, 20--
Account Name Cash Account Received Supplies Prepaid Insurance Equipment Debit 23,250 200 260 330 51,500 Credit 520 4,700 290 70,000 7,270 第12页（共15页）
Accumulated Depreciation Equipment Accounts Payable Wages Payable LA Cruz Capital LA Cruz Drawing Income from Servicing Wages Expense Rent Expense Advertising Expense Utilities Expense 3,000 1,690 900 400 160