对外经济贸易大学会计学专业英语课件

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1、LIABILITIES负债Chapter10I.O.U.Definedasdebtsorobligationsarisingfrompasttransactionsorevents.Maturity=1yearorlessMaturity>1yearCurrentLiabilitiesNoncurrentLiabilitiesTheNatureofLiabilitiesTheacquisitionofassetsisfinancedfromtwosources:Fundsfromcreditors,withadefiniteduedate,andsometimes

2、bearinginterest.FundsfromownersDEBTEQUITYDistinctionBetweenDebtandEquityDevonMfg.borrows$100,000fromFirstBank.Theloanwillberepaidin20yearsandhasanannualinterestrateof8%.Isthisacurrentliabilityoranoncurrentliability?Liabilities–QuestionTheobligationwillnotbepaidwithinoneyearoroneopera

3、tingcycle,soitisanoncurrentliability.Animportantindicatorofacompany’sabilitytomeetitscurrentobligations.Twocommonlyusedmeasures:Workingcapital=currentassets–currentliabilitiesCurrentratio=currentassets÷currentliabilitiesEvaluatingLiquidityDevonMfg.hascurrentliabilitiesof$230,000andcur

4、rentassetsof$322,000.WhatisDevon’scurrentratio?Liabilities–QuestionShort-termobligationstosuppliersforpurchasesofmerchandiseandtoothersforgoodsandservices.MerchandiseinventoryinvoicesShippingchargesUtilityandphonebillsOfficesuppliesinvoicesAccountsPayable(应付账款)TotalNotesPayableCurrent

5、NotesPayableNoncurrentNotesPayableWhenacompanyborrowsmoney,anotepayableiscreated.CurrentPortionofNotesPayableTheportionofanotepayablethatisduewithinoneyear,oroneoperatingcycle,whicheverislonger.NotesPayablePROMISSORYNOTE本票/期票LocationDateafterthisdatepromisestopaytotheorderofthesumofwi

6、thinterestattherateofperannum.signedtitleMiami,FlNov.1,2005SixmonthsPorterCompanyJohnCaldwellSecurityNationalBank$10,000.0012.0%treasurerNotesPayableOnNovember1,2005,PorterCompanywouldmakethefollowingentry.NotesPayableRefertotextbookexample(p.414)Problem10.3(p.458,tobedoneinclass)Note

7、sPayableInterestexpenseisthecompensationtothelenderforgivinguptheuseofmoneyforaperiodoftime.Theliabilityiscalledinterestpayable.Tothelender,interestisarevenue.Totheborrower,interestisanexpense.InterestRateUp!InterestPayableTheinterestformulaincludesthreevariablesthatmustbeconsideredwh

8、encom