专业英语Chapter 4.pptVIP

Learning Objective Adjusting Entries Learning Objective Types of Adjusting Entries Learning Objective Converting Assets to Expenses Converting Assets to Expenses Converting Assets to Expenses Converting Assets to Expenses Converting Assets to Expenses Converting Assets to Expenses The Concept of Depreciation The Concept of Depreciation The portion of an asset’s utility that is used up must be expensed in the period used. Depreciation Is Only an Estimate On May 2, 2007, JJ’s Lawn Care Service purchased a lawn mower with a useful life of 50 months for $2,500 cash. Using the straight-line method, calculate the monthly depreciation expense. Depreciation Is Only an Estimate Depreciation Is Only an Estimate Learning Objective Converting Liabilities to Revenue Converting Liabilities to Revenue Converting Liabilities to Revenue Converting Liabilities to Revenue Converting Liabilities to Revenue Converting Liabilities to Revenue Learning Objective Accruing Unpaid Expenses Accruing Unpaid Expenses Accruing Unpaid Expenses Accruing Unpaid Expenses Accruing Unpaid Expenses Accruing Unpaid Expenses Accruing Unpaid Expenses Learning Objective Accruing Uncollected Revenue Accruing Uncollected Revenue Accruing Uncollected Revenue Accruing Uncollected Revenue Accruing Uncollected Revenue Accruing Uncollected Revenue Accruing Uncollected Revenue Accruing Income Taxes Expense: The Final Adjusting Entry Learning Objective Adjusting Entries and Accounting Principles Learning Objective The Concept of Materiality Learning Objective Adjusted Trial Balance Words and Expressions accrual-basis accounting 权责发生制 depreciation 折旧 cash-basis accounting 现金收付制 plant assets 固定资产 interim financial statement 中期报表 book value 账面价值 revenue principle 收入原则 adjusting entry 调整分录 Words and Expressions matching principle 配比原则 adjusted trial balance 调整后试算平衡表 time-period concept 期间原则 accumulated depreciation 累计折旧 accrued revenu