课程门户-章节详情

刘萍

1 第一章 Accountign in Business 企业会计
- 1.1 Importance of Accounting
- 1.2 Fundamentals of Accounting
- 1.3 Transactions Analysis and the Accounting Equation
- 1.4 Finacial Statements
2 第二章 Analysis and Recording 经济业务分析与记录
- 2.1 Analyzing and recording process
- 2.2 Analyzing and processingtransactions
- 2.3 Trial balance
- 2.4 Demonstration Problem
3 第三章Adjusting Accounts and Preparing Financial Statements 账户调整与会计报表编制
- 3.1 Timing and reporting
- 3.2 Adjusting accounts
- 3.3 Preparing financialstatements
- 3.4 Demonstration Problem
4 第四章Completing the Accounting Cycle 完整会计循环
- 4.1 Work sheet as a tool
- 4.2 Closing process
- 4.3 Accounting cycles
- 4.4 Classified balance sheet
- 4.5 Demonstration Problem
5 第五章Accounting for Merchandising Operations 主要经营活动会计
- 5.1 Merchandising activities
- 5.2 Accounting for merchandise purchases
- 5.3 Accounting for merchandise sales
- 5.4 Completing the accounting cycles
- 5.5 Financial statement formats
- 5.6 Demonstration Problem
6 第六章Merchandise Inventories and Cost of goods Sold 存货与销售成本
- 6.1 Inventory basis
- 6.2 Inventory costing under aperpetual system
- 6.3 Valuing inventory at LCM
- 6.4 Demonstration Problem
7 第七章Accounting Information Systems 会计信息系统
- 7.1 Fundamental system principles
- 7.2 Special journal in accounting
- 7.3 Technology-based accountingsystem
- 7.4 Demonstration Problem
8 第八章Cash and Internal control 货币资金及其内部控制
- 8.1 Internal control
- 8.2 Control of cash
- 8.3 Banking activities ascontrol
- 8.4 Demonstration Problem
9 第九章Receivables 应收款项
- 9.1 Accounting receivables
- 9.2 Notes receivables
- 9.3 Disposal ofreceivables
- 9.4 Demonstration Problem
10 第十章Plant Assets, Natural Resources, and Intangibles 固定资产、自然资源与无形资产
- 10.1 SECTION 1-PLANT ASSETS:Cost determination
- 10.2 Depreciation
- 10.3 Additional expenditures
- 10.4 Disposal of plant assets
- 10.5 SECTION 2-NATURAL RECOURCES
- 10.6 SECTION 3-INTANGIBLESASSETS
11 第十一章Current Liabilities and payroll accounting 流动负债和工资核算
- 11.1 Characteristics of liabilities
- 11.2 Known liabilities
- 11.3 Estimated liabilities
- 11.4 Contingent liabilities
12 第十二章long-term liabilities 长期负债
- 12.1 Basic of bonds
- 12.2 Bonds issuance
- 12.3 Bonds retirement
- 12.4 Long-term bonds payable
13 第十三章Investments and international operation 投资与国际经营
- 13.1 Basics of investments
- 13.2 Reporting of non-influentialinvestments
- 13.3 Reporting ofinfluential investments
14 第十四章Accounting for Corporations 公司会计
- 14.1 Corporate form of organization
- 14.2 Common stock
- 14.3 Dividends
- 14.4 Preferred stock
- 14.5 Treasury stock
- 14.6 Reporting of equity

Demonstration Problem

1 DEMO
2 SOLUTIONS

The trial balance of Large Company, Inc. at the end of its annual accounting period is as follows:

LARGE COMPANY, INC. Trial Balance December 31, 2013

Cash......................................................................	$ 4,000
Prepaid Insurance..................................................	1,600
Supplies ...............................................................	2,100
Equipment ...........................................................	20,000
Accumulated Depreciation—Equipment................		$ 2,000
C. Large, Capital ..................................................		19,000
C. Large, Withdrawals...........................................	2,000
Revenue.................................................................		33,000
Salaries Expense...................................................	18,300
Rent Expense .......................................................	6,000	______
Totals....................................................................	$54,000	$54,000

Additional information:

1. Expired insurance, $600.

2. Unused supplies, per inventory, $800.

3. Estimated depreciation, $1,000.

4. Earned but unpaid salaries, $700

Required

1. Prepare adjusting entries.

2. Prepare closing entries.

3. Prepare a post-closing trial balance.

Solution: Demo Problem

1.	Insurance Expense...............................................	600
	Prepaid Insurance..........................................		600

	Supplies Expense..................................................	1,300
	Supplies............................................................		1,300

	Depreciation Expense Equip..............................	1,000
	Accumulated Depreciation Equip..............		1,000

	Salaries Expense...................................................	700
	Salaries Payable.............................................		700

2.	Revenue...................................................................	33,000
	Income Summary............................................		33,000

	Income Summary...................................................	27,900
	Salaries Expense............................................		19,000
	Rent Expense..................................................		6,000
	Insurance Expense........................................		600
	Supplies Expense..........................................		1,300
	Depreciation Expense...................................		1,000

	Income Summary...................................................	5,100
	C. Large, Capital..............................................		5,100

	C. Large, Capital.....................................................	2,000
	C. Large, Withdrawal......................................		2,000
	*Solution continued next page*

3.	LARGE COMPANY, INC. Post-Closing Trial Balance December 31, 2013
		Dr.	Cr.
	Cash..........................................................................	$4,000
	Prepaid Insurance.................................................	1,000
	Supplies...................................................................	800
	Equipment...............................................................	20,000
	Accumulated Depreciation, Equipment...........		$ 3,000
	Salaries Payable.....................................................		700
	C. Large, Capital.....................................................	______	22,100
	Totals........................................................................	$25,800	$25,800

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