知道智慧網(wǎng)課《會計學原理（英-寧波）》章節(jié)測試答案

第一章單元測試1【判斷題】Thepurchaseofstoreequipmentforcashreducestheequitybyanequalamount.（）A.錯B.對2【單選題】(2分)BumiCorporationpurchasedaninvestmentintheordinarysharesofanothercorporationforRp250,000,000in2018.ThesharesareactivelytradedontheIndonesianStockExchange.ThefairA.Rp250,000,000ontheretainedearningsstatement.B.Rp268,000,000onthestatementoffinancialposition.C.Rp268,000,000ontheretainedearningsstatement.D.Rp250,000,000onthestatementoffinancialposition.3【單選題】(2分)Theeconomicentityassumptionrequiresthattheactivities（）A.ofanentitybekeptseparatefromtheactivitiesofitsowner.B.ofdifferententitiescanbecombinedifalltheentitiesarecorporations.C.ofasoleproprietorshipcannotbedistinguishedfromthepersonaleconomiceventsofitsowners.D.mustbereportedtotheSecuritiesandExchangeCommission.4【單選題】(2分)Thebasicaccountingequationmaybeexpressedas（）A.Assets=Liabilities+Equity.B.AssetsEquity=Liabilities.C.Assets–Liabilities=Equity.D.Alloftheseanswerchoicesarecorrect.5【單選題】(2分)OnJune6,WingWahInc.purchasedsuppliesonaccountforHK$80,000.OnJune30,thecompanypaidhalfofthebalancedue.TheJune30paymentwill（）A.decreaseCashanddecreaseAccountsPayablebyHK$40,000.B.decreaseSuppliesandincreaseSuppliesExpensebyHK$40,000.C.decreaseCashandincreaseSuppliesExpensebyHK$80,000.D.increaseCashanddecreaseAccountsReceivablebyHK$40,000.第二章單元測試1【單選題】(2分)Abusiness'ssourcedocuments:（）A.Provideobjectiveevidencethatatransactionhastakenplace.B.Includetheledger.C.Mustbeinelectronicform.D.Includethechartofaccounts.2【單選題】(2分)Identifytheaccountbelowthatisclassifiedasanassetaccount:（）A.SuppliesB.AccountsPayableC.J.Jackson,CapitalD.UnearnedRevenue3【單選題】(2分)LarryBaropenedaframeshopandcompletedthesetransactions:（1）Larrystartedtheshopbyinvesting$40,000cashandequipmentA.$38,700.B.$40,300.C.$41,500.D.$300.4【單選題】(2分)OnJanuary1ofthecurrentyear,Jimmy'sSandwichCompanyreportedowner'scapitaltotaling$122,500.Duringthecurrentyear,totalrevenueswere$96,000whiletotalexpenseswere$85,500.Also,duringthecurrentyearJimmywithdrew$20,000fromthecompany.Nootherchangesinequityoccurredduringtheyear.If,onDecember31ofthecurrentyear,totalassetsare$196,000,thechangeinowner'scapitalduringtheyearwas:（）A.Adecreaseof$9,500.B.Anincreaseof$9,500.C.Anincreaseof$73,500.D.Adecreaseof$30,500.5【單選題】(2分)Whileintheprocessofpostingfromthejournaltotheledger,acompanyfailedtoposta$500debittotheEquipmentaccount.Theeffectofthiserrorwillbethat:（）A.Thetotaldebitsinthetrialbalancewillbelargerthanthetotalcredits.B.Thetrialbalancewillnotbalance.C.Theerrorwilloverstatethedebitslistedinthejournal.D.Theerrorwilloverstatethecreditslistedinthejournal.第三章單元測試1【判斷題】Underthecashbasisofaccounting,noadjustmentsaremadeforprepaid,unearned,andaccrueditems.（）A.錯B.對2【單選題】(2分)Whichofthefollowingstatementsisincorrect?（）A.Prepaidexpenses,depreciation,andunearnedrevenuesoftenrequireadjustingentriestorecordtheeffectsofthepassageoftime.B.Adjustingentriescanbeusedtorecordbothaccruedexpensesandaccruedrevenues.C.Adjustingentriesaffectonlybalancesheetaccounts.D.Adjustmentstoprepaidexpensesandunearnedrevenuesinvolvepreviouslyrecordedassetsandliabilities.3【單選題】(2分)Acompanymadenoadjustingentryforaccruedandunpaidemployeewagesof$28,000onDecember31.Thisoversightwould:（）A.Understatenetincomeby$28,000.B.Overstateassetsby$28,000.C.Havenoeffectonnetincome.D.Overstatenetincomeby$28,000.4【單選題】(2分)Incurredbutunpaidexpensesthatarerecordedduringtheadjustingprocesswithadebittoanexpenseandacredittoaliabilityare:（）A.Intangibleexpenses.B.Prepaidexpenses.C.Netexpenses.D.Accruedexpenses.5【單選題】(2分)Thecorrectadjustingentryforaccruedandunpaidemployeesalariesof$9,000onDecember31is:（）A.debitSalaryExpense,$9,000;creditFeesEarned,$9,000B.debitSalaryExpense,$9,000;creditSalariesPayable,$9,000C.debitSalaryExpense,$9,000;creditPrepaidSalary,$9,000D.debitSalaryExpense,$9,000;creditCash,$9,000第四章單元測試1【單選題】(2分)Closingentriesarerequired:（）A.Onlyifthecompanyadherestotheaccrualmethodofaccounting.B.Ifmanagementhasdecidedtoceaseoperatingthebusiness.C.Ifthetemporaryaccountsaretoreflectcorrectamountsforeachaccountingperiod.D.Ifacompany'sbookkeeperdoesnotchoosetopreparereversingentries.2【單選題】(2分)K.Canopy,theproprietorofCanopyServices,withdrew$5,700fromthebusinessduringthecurrentyear.Theentrytoclosethewithdrawalsaccountattheendoftheyearis:（）A.DebitKCanopy,Capital$5,700;creditKCanopy,Withdrawals$5,700B.DebitKCanopy,Capital$5,700,creditSalaryExpense$5,700C.DebitKCanopy,Withdrawals$5,700;creditCash,$5,700D.DebitIncomeSummary$5,700;creditKCanopy,Capital$5,7003【單選題】(3分)TaraWestmont,theproprietorofTiptoeShoes,hadannualrevenuesof$185,000,expensesof$103,700,andwithdrew$18,000fromthebusinessduringthecurrentyear.Theowner'scapitalaccountbeforeclosinghadabalanceof$297,000.TheNetIncomefortheyearis:（）A.D.$81,300B.B.$63,300C.$185,000D.C.$360,3004【單選題】(3分)TheF.Mercury,Capitalaccounthasacreditbalanceof$37,000beforeclosingentriesaremade.Totalrevenuesfortheperiodare$55,200,totalexpensesare$39,800,andwithdrawalsare$9,000.Whatisthecorrectclosingentryfortherevenueaccounts?（）A.DebitRevenueaccounts$55,200;creditFMercury,Capital$37,000B.DebitRevenueaccounts$37,000;creditFMercury,Capital$37,000C.DebitIncomeSummary$55,200;creditRevenueaccounts$55,200D.DebitRevenueaccounts$55,200;creditIncomeSummary$55,2005【單選題】(3分)Atthebeginningoftheyear,acompany'sbalancesheetreportedthefollowingbalances:TotalAssets=$225,000;TotalLiabilities=$125,000;andOwner'sCapital=$100,000.Duringtheyear,thecompanyreportedrevenuesof$46,000andexpensesof$30,000.Inaddition,owner'swithdrawalsfortheyeartotaled$20,000.Assumingnootherchangestoowner'scapital,thebalanceintheowner'scapitalaccountattheendoftheyearwouldbe:（）A.$136,000.B.$116,000.C.$96,000.D.$104,000.第五章單元測試1【單選題】(2分)Thecreditterms2/10,n/30areinterpretedas:（）A.2%cashdiscountiftheamountispaidwithin10days,orthebalanceduein30days.B.2%discountifpaidwithin30days.C.30%discountifpaidwithin10days.D.10%cashdiscountiftheamountispaidwithin2days,orthebalanceduein30days.2【單選題】(3分)Acompanypurchased$4,000worthofmerchandise.Transportationcostswereanadditional$350.Thecompanyreturned$275worthofmerchandiseandthenpaidtheinvoicewithinthe2%cashdiscountperiod.Thetotalcostofthismerchandiseis:（）A.$3,725.00B.$3,995.00C.$4,075.00D.$4,000.503【單選題】(3分)FragmentCompanyisawholesalerthatsellsmerchandiseinlargequantities.Itscatalogindicatesalistpriceof$300perunitonaparticularproductanda40%tradediscountisofferedforquantitypurchasesof50unitsormore.Thecostofshippingthemerchandiseis$7perunitundertermsFOBshippingpoint.Ifacustomerpurchases100unitsofthisproduct,whatistheamountofsalesrevenuethatFragmentwillrecordfromthissale?（）A.$18,000B.$30,000C.$29,300D.$18,7004【單選題】(3分)Acompanypurchased$1,800ofmerchandiseonJuly5withterms2/10,n/30.OnJuly7,itreturned$200worthofmerchandise.OnJuly28,itpaidthefullamountdue.Assumingthecompanyusesaperpetualinventorysystem,andrecordspurchasesusingthegrossmethod,thecorrectjournalentrytorecordthemerchandisereturnonJuly7is:（）A.DebitAccountsPayable200;creditMerchandiseInventory$200B.DebitMerchandiseInventory200;creditSalesReturns$200C.DebitMerchandiseInventory200;creditAccountsPayable$200D.DebitAccountsPayable1800;creditPurchaseReturns$200;creditMerchandiseInventory$16005【單選題】(3分)JuniperCompanyusesaperpetualinventorysystemandthegrossmethodofaccountingforpurchases.Thecompanypurchased$9,750ofmerchandiseonAugust7withterms1/10,n/30.OnAugust11,itreturned$1,500worthofmerchandise.OnAugust16,itpaidthefullamountdue.ThecorrectjournalentrytorecordthepaymentonAugust16is:（）A.DebitCash$8,250;creditAccountsPayable$8,250B.DebitAccountsPayable$8,250;creditMerchandiseInventory$82.50;creditCash$8,167.50C.DebitAccountsPayable$8,167.50;creditCash$8,167.50D.DebitAccountsPayable$9,750;creditMerchandiseInventory$97.50;creditCash$9,652.50第六章單元測試1【單選題】(2分)Goodsintransitareincludedinapurchaser'sinventory:（）A.Atanytimeduringtransit.B.Whenthesupplierisresponsibleforfreightcharges.C.Afterthehalf-waypointbetweenthebuyerandseller.D.Whenthepurchaserisresponsibleforpayingfreightcharges.2【單選題】(2分)CostsincludedintheMerchandiseInventoryaccountcanincludeallofthefollowingexcept:（）A.Storage.B.Insurance.C.Invoicepriceminusanydiscount.D.Damagedinventorythatcannotbesold.3【單選題】(3分)MonarchCompanyusesaweighted-averageperpetualinventorysystemandhasthefollowingpurchasesandsales:January120unitswerepurchasedat$10perunit.January1212unitsweresold.January2018unitswerepurchasedat$11perunit.WhatistheA.$120.B.$272.C.$126.D.$278.4【單選題】(3分)Acompanysellsgardenhosesandusestheperpetualinventorysystemtoaccountforitsmerchandise.ThebeginningbalanceoftheinventoryanditstransactionsduringSeptemberwereasfollows:September1:Beginningbalanceof18unitsat$13eachSeptember12:Purchased30unitsat$14eachSeptember19:Sold24unitsat$30sellingpriceeachSeptember20:Purchased24unitsat$17eachSeptember27:Sold27unitsat$30sellingpriceeachIftheendinginventoryisreportedat$276,whatinventorymethodwasused?（）A.Specificidentificationmethod.B.Retailinventorymethod.C.LIFOmethod.D.Weightedaveragemethod.5【單選題】(2分)Acompanyhasthefollowingperunitoriginalcostsandreplacementcostsforitsinventory.LCMisappliedtoindividualitems.PartA:50unitswithacostof$5,andreplacementcostof$4.50PartB:75unitswithacostof$6,andreplacementcostof$6.50PartC:160unitswithacostof$3,andreplacementcostof$2.50Underthelowerofcostormarketmethod,thetotalA.$1,180.00.B.$1,112.50.C.$1,217.50.D.$1,075.00.第七章單元測試1【單選題】(2分)Acreditsaleof$5,275toacustomerwouldresultinwhichofthefollowing?（）A.AcredittotheAccountsReceivableaccountinthegeneralledgerandacredittothecustomer'saccountintheaccountsreceivablesubsidiaryledger.B.AcredittoSalesandacredittothecustomer'saccountintheaccountsreceivablesubsidiaryledger.C.AdebittotheAccountsReceivableaccountinthegeneralledgerandadebittothecustomer'saccountintheaccountsreceivablesubsidiaryledger.D.AdebittotheAccountsReceivableaccountinthegeneralledgerandacredittothecustomer'saccountintheaccountsreceivablesubsidiaryledger.2【單選題】(3分)OnOctober12ofthecurrentyear,acompanydeterminedthatacustomer'saccountreceivablewasuncollectibleandthattheaccountshouldbewrittenoff.Assumingtheallowancemethodisusedtoaccountforbaddebts,whateffectwillthiswrite-offhaveonthecompany'snetincomeandtotalassets?（）A.Decreaseinnetincome;decreaseintotalassets.B.Increaseinnetincome;noeffectontotalassets.C.Decreaseinnetincome;noeffectontotalassets.D.Noeffectonnetincome;noeffectontotalassets.3【單選題】(3分)OnDecember31ofthecurrentyear,theunadjustedtrialbalanceofacompanyusingthepercentofreceivablesmethodtoestimatebaddebtincludedthefollowing:AccountsReceivable,debitbalanceof$95,250;AllowanceforDoubtfulAccounts,creditbalanceof$921.WhatamountshouldbedebitedtoBadDebtsExpense,assuming6%ofoutstandingaccountsreceivableattheendofthecurrentyearareestimatedtobeuncollectible?（）A.$5,715B.$6,636C.$4,794D.$5,6604【單選題】(2分)GiorgioItalianMarketbought$4,000worthofmerchandisefromFoodSuppliersandsigneda90-day,6%promissorynoteforthe$4,000.FoodSupplier'sjournalentrytorecordthesalestransactionis:（）A.DebitNotesReceivable$4,000;creditSales$4,000\B.DebitNotesReceivable$4,060;creditSales$4,060C.DebitAccountsReceivable$4,060;creditSales$4,060D.DebitNotesReceivable$4,000;debitInterestReceivable$60;creditSales$4,0605【單選題】(2分)WhichofthefollowingisnottrueabouttheAllowanceforDoubtfulAccounts?（）A.Itisaliabilityaccount.B.Itisusedinsteadofreducingaccountsreceivabledirectly.C.Itisacontraassetaccount.D.Itisdebitedwhenuncollectibleaccountsarewrittenoff.第八章單元測試1【單選題】(2分)Depreciation:（）A.Istheprocessofallocatingthecostofaplantassettoexpense.B.Measuresphysicaldeteriorationofanasset.C.MeasuresthedeclineinmarketD.Isappliedtoland.2【單選題】(3分)Whenoriginallypurchased,avehiclecosting$23,000hadanestimatedusefullifeof8yearsandanestimatedsalvageA.$2,500B.B.$2,875C.$5,000D.$11,5003【單選題】(3分)BeckmanEnterprisespurchasedadepreciableassetonOctober1,Year1atacostof$100,000.TheassetisexpectedtohaveasalvageA.$90,000B.$16,000C.$36,000D.$54,0004【單選題】(2分)Tocapitalizeanexpenditureisto:（）A.Debitanassetaccount.B.Creditanassetaccount.C.Creditanexpenseaccount.D.Debitanexpenseaccount.5【單選題】(3分)Acompanyhadatractordestroyedbyfire.Thetractororiginallycost$85,000withaccumulateddepreciationof$60,000.Theproceedsfromtheinsurancecompanywere$20,000.Thecompanyshouldrecognize:（）A.Alossof$5,000.B.Againof$65,000.C.Againof$5,000.D.Againof$20,000.第九章單元測試1【單選題】(2分)Anestimatedliability:（）A.Isaknownobligationofanuncertainamountthatcanbereasonablyestimated.B.Isaliabilitythatmayoccurifafutureeventoccurs.C.Isnotrecordeduntiltheamountisknownforcertain.D.Canbetheresultofalawsuit.2【單選題】(3分)Employeesearnvacationpayattherateofonedaypermonth.DuringthemonthofJune,10employeesqualifyforonevacationdayeach.Theiraveragedailywageis$150perday.WhichofthefollowingisthenecessaryadjustingjournalentrytorecordtheJunevacationbenefits?（）A.DebitVacationBenefitsExpense$1,500;creditVacationBenefitsPayable$1,500.B.DebitPayrollTaxExpense$1,500;creditPayrollTaxesPayable$1,500.C.DebitVacationBenefitsPayable;creditVacationBenefitsExpense$1,500.D.DebitPrepaidVacationBenefits$1,500;creditVacationBenefitsPayable$1,500.3【單選題】(3分)Allofthefollowingstatementsregardinglong-termliabilitiesaretrueexcept?（）A.Long-termliabilitiesincludelong-termnotespayable,warrantyliabilities,leaseliabilities,andbondspayable.B.Liabilitiesthatdonothaveafixedduedate,butarepayableondemand,arereportedaslong-termliabilities.C.Asinglelong-termliabilitycanbedividedbetweencurrentandnoncurrentsectionsonthebalancesheet.D.Long-termliabilitiescanbereportedonthebalancesheetinasingletotalorinmultiplecategories.4【單選題】(3分)AthenaCompany'ssalariedemployeesearntwoweeksofvacationperyear.Itpays$858,000intotalemployeesalariesfor52weeksbutitsemployeesworkonly50.RecordAthenaCompany'sweeklyjournalentrytorecordthevacationexpense:（）A.DebitVacationBenefitsExpense$660;creditVacationBenefitsPayable$660.B.DebitVacationBenefitsPayable$660;creditVacationBenefitsExpense$660.C.DebitVacationBenefitsExpense$17,160;creditVacationBenefitsPayable$17,160.D.DebitVacationBenefitsPayable$16,500;creditVacationBenefitsExpense$16,500.5【單選題】(3分)OnSeptember1,KnackCompanysigneda$50,000,90-day,5%notepayablewithCentralSavingsBank.WhatisthejournalentrythatshouldberecordedbyKnackuponmaturityofthenote?(Use360daysayear.)（）A.DebitNotesPayable$50,000;debitInterestExpense$625;creditCash$50,625.B.DebitNotesPayable$50,625;creditCash$50,625.C.DebitInterestExpense$625;creditInterestPayable$625.D.DebitNotesPayable$50,000;creditInterestRevenue$625;creditCash$49,375.第十章單元測試1【單選題】(3分)ThecarryingA.theamountofdiscountorpremium.B.$0.C.theparD.theamountofcashoriginallyreceivedinexchangeforthebonds.2【單選題】(2分)Adisadvantageofbondfinancingis:（）A.Bondsdonotaffectowners'control.B.Bondscanincreasereturnonequity.C.BondspayperiodicinterestandtherepaymentofparD.Interestonbondsistaxdeductible.3【單選題】(2分)Abondholderthatownsa$1,000,10%,10-yearbondhas:（）A.Therighttoreceive$10peryearuntilmaturity.B.Therighttoreceive$10,000atmaturity.C.Ownershiprightsintheissuingcompany.D.Therighttoreceive$1,000atmaturity4【單選題】(2分)MorganCompanyissues9%,20-yearbondswithaparA.$67,500.B.$375,000.C.$33,750.D.$60,000.5【單選題】(2分)Amortizingabonddiscount:（）A.Increasescashflowsfromthebond.B.Allocatesaportionofthetotaldiscounttointerestexpenseeachinterestperiod.C.IncreasesthemarketD.DecreasestheBondsPayableaccount.第十一章單元測試1【單選題】(2分)StricklandCorporationhasinvestedin10%oftheoutstandingstockofNezCorporation.Stricklandintendstoactivelymanagethisinvestmentforprofit.Thisinvestmentisclassifiedas:（）A.aheld-to-maturitysecurity.B.atradingsecurity.C.asignificantinfluencesecurity.D.acontrollinginfluencesecurity.2【單選題】(2分)Allofthefollowingstatementsregardingequitysecuritiesaretrueexcept:（）A.Equitysecuritiesclassifiedasavailable-for-salerecordthedividendrevenuewhenreceived.B.EquitysecuritiesareC.Equitysecuritiesshouldberecordedatcostwhenacquired.D.EquitysecuritiesareA.DebitLong-TermInvestments—HTM$37,800;debitInvestmentExpense$525;creditCash$38,325B.DebitLong-TermInvestments—HTM$37,800;debitLossonInvestment$525;creditCash$38,325C.DebitLong-TermInvestments—HTM$38,325;creditCash$38,325D.DebitLong-TermInvestments—HTM$37,800;creditCash$37,8004【單選題】(2分)Accountingforlong-terminvestmentsine