西方会计,英文实务题请教?( ) 11.ABC Company uses the percentage-of-sales methods in estimating uncollectible accounts.The Company expects 1% of total net sales for 1995 were $1,000,000,and the allowance account has a $3,000 debit balance.Th

西方会计,英文实务题请教?( ) 11.ABC Company uses the percentage-of-sales methods in estimating uncollectible accounts.The Company expects 1% of total net sales for 1995 were $1,000,000,and the allowance account has a $3,000 debit balance.Th
西方会计,英文实务题请教?
( ) 11.ABC Company uses the percentage-of-sales methods in estimating uncollectible accounts.The Company expects 1% of total net sales for 1995 were $1,000,000,and the allowance account has a $3,000 debit balance.The uncollectible accounts expense for 1995 would be _____.
a.$13,000 b.$10,000
c.$7,000 d.$9,970
( ) 12.If total assets decreased by $5,000 during a period of time and capital increased by $15,000 during the same period,the amount and direction of the period’s change in total liabilities is :_____.
a.$10,000 increase b.$10,000 decrease
c.$20,000 increase d.$20,000 decrease
( ) 13.Cash of $650 received from a customer on account was recorded as a $560 debit to Accounts Receivable and a credit to Cash.The necessary correcting entry is:_____.
a.debit Cash,$90; credit Accounts Receivable,$90
b.debit Accounts Receivable,$90; credit Cash,$90
c.debit Cash,$650; credit Accounts Receivable,$650
d.debit Cash,$1,210; credit Accounts Receivable,$1,210
( ) 14.The controlling account in the general ledger that summarizes the debits and credits to the individual accounts in the customer’s ledger is entitled _____.
a.Accounts Receivable b.Accounts Payable
c.Sales d.Purchases
( ) 15.During the current year,the assets of the company increased by $29,000,and the liabilities decreased by $7,000.If the owner’s equity in the business is $79,000 at the end of the year,the owner’s equity at the beginning of the year must have been _____.
a.$57,000 b.$43,000
c.$115,000 d.$101,000

西方会计,英文实务题请教?( ) 11.ABC Company uses the percentage-of-sales methods in estimating uncollectible accounts.The Company expects 1% of total net sales for 1995 were $1,000,000,and the allowance account has a $3,000 debit balance.Th
1.B 题目中 ABC's expect uncollectible is 1% of sales.during 2005,sales is $1,000,000 so the uncollectibe expense= 0.01* $1,000,000=$10,000 虽然 allowance account 在 开始时 debit 3,000但是这是属于上一期的 不能算在05年内
2.D 这个题很简单啦 total assets= liability+ equity 把数字带进去自己算就知道啦
3.D 这个是在记账的时候 company collects accounts receivable ,cash increases and acc rec decreases so should be debit cash 650 and credit acc rec 650.但是记账正好记反了 所以两边都要弥补回来.cash 不仅需要加上本来收到的650还要弥补回因记错而减少的560 所以 debit 1210.acc rec同理
4.A Accounts Receivable records the invoice processed to customer (debits) and records to the customers payments (credits).This would be your controlling account 概念题类 自己好好理解
5.B 这个题跟第二题一个类型 简单的计算一下就ok
都做对的话 楼主记得给加分哦~