Task Team of FUNDAMENTAL ACCOUNTING School of Business, Sun Yat-sen University Lesson 8 Accounting Information System Exercise Matching For each numbered item, choose the appropriate journal and write the identifying letter 1. Bought merchandise on account Sales journal 2. Sold merchandise for cash 3. Bought merchandise for cash P Purchases journal 4. Collected accounts receivable and allowed a cash discount 5. Bought store equipment on credit CR Cash receipts journal 6. Recorded accrued wages

1. The three common forms of business organizations are 2. The difference between the increases(including the beginning balance) and decreas recorded in an account is called the account 3. Assets= Liabilities Owner's Equity\is called the equation or balance sheet equation 4 An economic event that changes the financial position of an organization, and that often

Task Team of FUNDAMENTAL ACCOUntING hool of Business, Sun Y at-sen University Lesson notes Lesson 3: Analyzing and Recording Accounting transactions Learning objectives Provide the students with a background of the accounting process to better understand the numbers on the financial statements Define the economic transactions and

Task Team of FUNDAMENTAL ACCOUntING hool of Business, Sun Y at-sen University Lesson notes Lesson 2: Economic Transactions and Accounting Equation Learning objectives This lesson begins with a discussion of the purpose of a business, including a discussion of forms of organizations. Next, the nature of

Task Team of FUNdaMENTAL aCCOUNtIng School of Business. Sun Yat-sen University Lesson 9 Financial Statements Self-Test 1. True or false 1) Financial statements are standard documents that tell us, in financial terms, how well a business is performing and where it stand 2) Net income equals total revenues and gains less total expenses and losses

Task Team of FUNDAMENTAL ACCOUNTING School of Business. Sun Y at-sen University Lesson 11 Understanding Accounting standards Self-Test True and False Questions I. Accounting standards are laws accountants should follow in their work 2. The scandals, such as Enron and the Yinguangxia, happened because the accounting

Task Team of FUNDAMENTAL ACCOUNTING School of Business, Sun Yat-sen University Lesson 4 Adjusting Accounts for Financial Statement Self-Test Answer the following questions: 1. what is an accrued revenue? Give an example 2. what is the difference between the cash basis and accrual basis of accounting? 3. what is accrued expense? Give an example?

1、要与本企业的经济业务特点、规模大小和业务繁简程度 相适应。 2、能够正确、全面、及时地提供有关经济活动和财务收支 情况的指标,以满足本单伩加强经济管理。提髙经济效益的 淠要,满足主管部门管理和国家宏观调控的需要

1、流动资产类 现金、银行存款、其他货币资金、应收票 据、应收账款、预付账款、应收股利、其他 应收款、坏账准备、物资采购、原材料、包 装物、低值易耗品、材料成本差异、库存商 品、委托代销商品、待摊费用

材料的采购和发出;固定资产的取得、讣提折旧 待摊费用的支付及其分期摊销:应竹工资及应付福利费 用核算;预提费用的讣提与支付;应交税金的讣算与交 纳;成本项目;产品生产成本计算的一般程序;间接费 用的分配方法:所有者杈益的內容及増减变化的核算 收入的分类、计量及主营业务收入的核算;费用的分类 及核算:利润总额的构成,利润分配的内容及核算:本 年利润的结转