资源描述：
《会计学：企业决策的基础exercises-chapter4答案.doc》由会员上传分享，免费在线阅读，更多相关内容在行业资料-天天文库。
1、SOLUTIONSTOEXERCISESEx4–1a.Bookvalueb.Materialityc.Matchingprincipled.Unrecordedrevenuee.Adjustingentriesf.Unearnedrevenueg.Prepaidexpensesh.None(Thisisanexampleof“depreciationexpense.”)Ex.4–2IncomeStatementBalanceSheetAdjustingEntryRevenue-Expenses=NetIncomeAssets=Liabilit
2、ies+Owners’EquityaNEIDDNEDbNEIDNEIDcINEIINEIdNEIDNEIDeNEIDDNEDfINEINEDIEx.4–3a.RentExpense240,000PrepaidRent240,000TorecordrentexpenseforMay($1,200,000¸5months=$240,000permonth).b.UnearnedTicketRevenue148,800TicketRevenue148,800Torecordearningportionofseasonticketrevenuerel
3、atingtoMayhomegames.SOLUTIONSTOEXERCISESEx4–1a.Bookvalueb.Materialityc.Matchingprincipled.Unrecordedrevenuee.Adjustingentriesf.Unearnedrevenueg.Prepaidexpensesh.None(Thisisanexampleof“depreciationexpense.”)Ex.4–2IncomeStatementBalanceSheetAdjustingEntryRevenue-Expenses=NetI
4、ncomeAssets=Liabilities+Owners’EquityaNEIDDNEDbNEIDNEIDcINEIINEIdNEIDNEIDeNEIDDNEDfINEINEDIEx.4–3a.RentExpense240,000PrepaidRent240,000TorecordrentexpenseforMay($1,200,000¸5months=$240,000permonth).b.UnearnedTicketRevenue148,800TicketRevenue148,800Torecordearningportionofse
5、asonticketrevenuerelatingtoMayhomegames.Ex.4–4a.(1)InterestExpense375InterestPayable375$50,000x9%annualratex1/12=$375.(2)AccountsReceivable10,000ConsultingFeesEarned10,000Torecordtendaysofunbilledconsultingfeesat$1,000perday.b.$2,250($50,000x9%x6/12=$2,250)c.$15,000($25,000
6、-$10,000earnedinDecember,2002)Ex.4–5a.ThebalanceofTWA’sAdvanceTicketSalesaccountrepresentsunearnedrevenue—thatis,amountscollectedfromcustomerspriortorenderingtherelatedservices(airtravel).AsTWAhasanobligationtorendertheseservices,theAdvancedTicketSalesaccountappearsamongthe
7、liabilitiesinTWA’sbalancesheet.b.TWAnormallyreducesthebalanceofthisliabilityaccountbyrenderingservicestocustomers—thatis,byprovidingflightsforwhichthecustomershavepurchasedtickets.Onsomeoccasions,however,TWAreducesthebalanceofthisliabilitybymakingcashrefundstocustomers.Ex.4
8、–6a.1.InterestExpense1,200InterestPayable1,200Torecordinterestaccruedonbankloandur
