会计英语第七单元课件.ppt

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1、UnitSevenAccountingCycle(4)WorkingpaperObjectives1Reviewthebasicstepsoftheaccountingcycle2Prepareaworksheet3PrepareFinancialStatementsfromaworksheet4Preparetheadjustmentandclosingentriesfromaworksheet5Explainwhatismeantbythefiscalyearandthenaturebusinessyear一AccountingCycle1

2、Definition_____beginswithanalyzingandjournalizingtransactionsandendswithsummarizingandreportingthesetransactions.2basicsteps:Transactionsareanalyzedandrecordedinthejournal.(2)Transactionsarepostedtotheledger.(3)Atrialbalanceisprepared,adjustmentdataareassembled,andanoptional

3、worksheetiscompleted.(4)Ajustingentriesarejournalizedandpostedtotheledger.(5)Financialstatementsareprepared.(6)Closingentriesarejournalizedandpostedtotheledger.(7)Apost-closingtrialbalanceisprepared.二Worksheet:1Definition____isaworkingpaperthataccountantscanusetosummarizeadj

4、ustingentriesandtheaccountbalancesforthefinancialstatements.2Thisflowofdataisthesameineitheramanualoracomputerizedaccountingsystems.3smallcompanies:maynotbenecessary4worksheetisausefuldeviceforunderstandingtheflowoftheaccountingdatafromtheunadjustedtrialbalancetothefinancial

5、statements.JournalbyA(Adjustments)Dec,3120101Dr.Suppliesexpense1240Cr.Supplies12402Dr.Insuranceexpense100Cr.Prepaidinsurance1003Dr.UnearnedRent120Cr.Rentrevenue1204Dr.Wagesexpense250Cr.Wagespayable2505Dr.Accountsreceivable500Cr.Feesearned5006Dr.Depreciationexpense50Cr.Accum

6、ulationdepreciation50------officeequipment三Howtoprepareworksheet?Heading:Nameofthebusiness(A)Nameofthestatement(worksheet)Periodoftime(ForthetwomonthsendedDec.31,2010)LeftsideTrialbalanceAdjustmentsAccounttitleDr.Cr.Dr.Cr.1Cash20652Accountsreceivable22205003Supplies200012404

7、Prepaidinsurance24001005Land200006Officeequipment18007Accountspayable9008Unearnedrent3601209White,Capital2500010White,Drawing400011Feesearned1634050012Wagesexpense427525013Rentexpense160014Utilitiesexpense98515Suppliesexpense800124016Misc.Expense45517Total426004260018Insuran

8、ceexpense10019Rentrevenue12020Wagespayable25021Depreciationexpense5022Accum