《英文会计期末试卷》由会员分享，可在线阅读，更多相关《英文会计期末试卷（7页珍藏版）》请在金锄头文库上搜索。
1、2007-2008学年第一学期会计学原理（306010243）期末考试试题（A卷）考试对象：商学院工商管理专业2006级1-5班 本期末试卷满分为100分，占课程总成绩的100%。答题要求： 1请将所有答案统一写在答题纸上，不按要求答题的，责任考生自负。2答题纸与试卷一同交回，否则酌情扣分。Part One Key Term Appreciation (20%) Required: each of the statements in this part is followed by 4 options marked 1), 2), 3) and 4) of which only one is
2、most appropriate to fill in the blank in the statement. Note down the one that you consider should be the right one 1 Accounting is a managerial information system serving relevant users of _ .1) managers, shareholders, creditors and customers2) managers, shareholders, suppliers and customers3) shar
3、eholders, creditors, customers and government agencies4) managers, shareholders, creditors and government agencies2. Accounting can be categorized into _ by the targeted information users. 1 ) financial accounting and managerial accounting 2) accrual based accounting and cash based accounting 3) pub
4、lic accounting and private accounting 4) national accounting and international accounting3. _ are two commonly used inventory systems. 1) Perpetual and continuous systems 2) Perpetual and periodic systems 3) Perpetual and average systems 4) Periodic and average systems4. Current assets are inclusive
5、 of _. 1) cash, receivables, inventory and short-term investments 2) cash, payables, inventory and short-term investments3) cash, receivables, payables and short-term investments4) cash, receivables, payables and inventory5. Non-current assets are inclusive of _. 1) plan-property-and-equipment and n
6、atural resource 2) natural resource and long-term investments 3) long-term investments and intangibles 4) all above-mentioned categories of asset6. The book value of a fixed asset can be determined by _. 1) subtracting the accumulated depreciation from the fare value 2) subtracting the accumulated d
7、epreciation from the market value 3) subtracting the accumulated depreciation from the acquisition cost 4) subtracting the accumulated depreciation from the stated value7. To expense the cost of an intangible asset like a patent over its useful life is termed as _. 1) amortization 2) depreciation 3)
8、 depletion 4) write-off8. The legal value of the common stock is the available _. 1) par value or market value 2) par value or stated value 3) par value or fare value 4) par value of market value9. dividends payment can only be declared and made out of _. 1) either paid in capital or retained income
9、 2) either paid in capital or after-tax net income 3) paid in capital 4) retained income10. The convertible pond can be changed into common stock at the discretion of _. 1) bond holders 2) issuing company 3) managers 4) board of directorsPart One Key Term Appreciation (60%) Required: prepare journal
10、 entries for the following transactions occurred in a merchandising business, Thomson Co.,Ltd over last financial year. For simplicity it can by in the form of:Dr. XXX(account name) XXX(dollar amount) Cr. XXX(account name) XXX(dollar amount)1. Under perpetual inventory system, acquired a batch of go
11、ods on credit. The purchase price is $10,000.2. Made full cash payment of the above mentioned purchase.3. Made cash payment of the above purchases shipping expense in amount of $1,000.4. Sold the above mentioned batch of goods to a customer on account. The selling price is $20,000.5. Simultaneously
12、accounted for the cost of goods sold.6. Issued 100,000 common stock shares at the par value (of $10 per share).7. Issued 10,000 ponds at the face value (of $1,000 per bond)8. Made cash purchase of a car expected to be used in operation for $10,000.9. By the year end computed and accounted for the de
13、preciation of the car in amount of $1,000.10. Repurchased 100 Companys own issued common stock shares from the stock exchange for $11,000.11. Acquired a patent from a high-tech company for $130,000 of cash.12. Expensed a part of the above mention patent in amount of $13,000.13. Purchased a batch of
14、goods in amount of $10,000 by issuing to the supplier a 3-moth, 12% promissory note.14. When the above mentioned note became due, made the cash payment for both the face value and the interests of it.15. Purchased a batch of common stock shares issued by another company for $1,230,000 for the purpos
15、e of long term holding. It stands for 15% of total ownership of the issuing company.16. At the year end received a dividend of $10,000 from the issuing company.17. Wrote off a sum uncollectible accounts receivable in amount of $20,000 by using the direct write-off method.18. Sold a batch of goods to a customer making the cash payment of the shipping expense for the customer for $245,000.19. A batch of sold goods was returned by the customer for the poor quality. The original selling price was $100,000 and the cost of goods sold was $
