《最新会计专业英语期末考试练习卷(new)》由会员分享，可在线阅读，更多相关《最新会计专业英语期末考试练习卷(new)（5页珍藏版）》请在金锄头文库上搜索。
1、1. The economic resources of a business are called: BA. Owners EquityB. AssetsC. Accounting equationD. Liabilities2. DTK Company has a $3500 accounts receivable from GRS Company. On January 20, GRS Company makes a partial payment of $2100 to DTK Company. The journal entry made on January 20 by DTK C
2、ompany to record this transaction includes: DA. A debit to the cash receivable account of $2100.B. A credit to the accounts receivable account of $2100.C. A debit to the cash account of $1400.D. A debit to the accounts receivable account of $1400.3. In general terms, financial assets appear in the b
3、alance sheet at: AA. Face value.账面价值B. Current value.现值C. Market value.市场价值D. Estimated future sales value.4. Each of the following measures strengthens internal control over cash receipts except: DA. The use of a voucher system.B. Preparation of a daily listing of all checks received through the ma
4、il.C. The deposit of cash receipts intact in the bank on a daily basis.D. The use of cash registers.5. Which of the following items is the greatest in dollar amount? DA. Beginning inventoryB. Cost of goods sold.C. Cost of goods available for saleD. Ending inventory6.Why do companies prefer the LIFO
5、inventory后进先出法 method during a period of rising prices? BA. Higher reported incomeB. Lower income taxesC. Lower reported incomeD. Higher ending inventory7. Which of the following characteristics would prevent an item from being included in the classification of plant and equipment? DA. IntangibleB.
6、Unlimited lifeC. Being sold in its useful lifeD. Not capable of rendering benefits to the business in the future. 8. Which account is not a contra-asset account? BA. Depreciation ExpenseB. Accumulated DepletionC. Accumulated DepreciationD. Allowance for Doubtful Accounts9. What are the two factors t
7、hat make ownership of an interest in a general partnership particularly risky? AA. Mutual agency and unlimited personal liabilityB. Limited life and unlimited personal liability.C. Limited life and mutual agency.D. Double taxation and mutual agency10. Which of the following types of business owners
8、do not take an active role in the daily management of the business? DA. General partnersB. Limited liability partnersC. Sole proprietors 个体经营者D. Stockholders in a publicly owned corporation11. Analysts can use the footnotes to the financial statements to DA. Help their analysis of financial statemen
9、tsB. Help their understanding of financial statementsC. Help their checking of financial statements.D. All of the above12. The current liabilities are $30 000, the long-term liabilities are $50 000, and the total assets are $240 000. What is the debt ratio? CA. 0.125B. 0.208C. 0.333D. 3.013. The hor
10、izontal analysis is used mainly to AA. Analyzing financial trendsB. Evaluating financial structureC. Assessing the pat performancesD. Measuring the term-paying ability14. Among the following ratios, which is used for long-term solvency analysis?长期偿债能力分析 AA. Current ratio 流动比率B. Times-interest-earned
11、 ratioC. Operating cycleD. Book value per share15. A profit-making business that is a separate legal entity and in which ownership is divided into shares of stock is known as a DA. Sole proprietorship 个体独资公司B. Single proprietorship C. Partnership 合伙公司D. Corporation 股份有限公司一、 名词解释(10分)(1) Journal entr
12、y：日记账Journal entry is a logging of transactions into accounting journal items. It can consist of several items, each of which is either a debit or a credit. The total of the debits must equal the total of the credits or the journal entry is said to be unbalanced. Journal entries can record unique it
13、ems or recurring items such as depreciation or bond amortization.(2) Going concern：持续经营 The company will continue to operate in the near future, unless substantial evidence to the contrary exists.(3) Matching principle：一致性原则(4) Working capital：营运资金(5) Revenue expenditure：收入费用二、 会计业务（共35分）1. On Decem
14、ber 1, ME Company borrowed $250 000 from a bank, and promise to repay that amount plus 12% interest (per year) at the end of 6 months. (1) Prepare the general journal entry to record obtaining the loan from the bank on December 1.(2) Prepare the adjusting journal entry to record accrual of the inter
15、est payable on the loan on December 31.(3) Prepare the presentation of the liability to the bank on MEs December balance sheet. Answer: (1) Debit: cash $250000Credit: current liabilities $250000(2) Debit: Accrual Expense $5000 不确定Credit: Interest Payable $5000(3) P392. The following information relating to the bank checking account is available for Music Hall at July 31: Balance per bank statement at July 31$20 0000Balance per depositors records18 860Outstanding checks2 000Deposits in transit800Service charge by bank60Prepare a bank reconciliation银
