会计专业英语练习.docVIP

Ⅰ.Matching each of the following statements with its proper term. 1. Temporary account ( ) 2. Working papers ( ) 3. Fiscal year ( ) 4. Accrual accounting ( ) 5. Posting 6. General ledger ( ) 7. Liquidity ( ) 8. Withdrawals ( ) 9. CPA ( ) 10. Transaction ( ) 11. Accounting cycle ( ) 12. Closing entries ( ) 13. Reversing entry ( ) 14. Accounting equation( ) 15. Double entry accounting( ) 16. T account ( ) 17. Chart of accounts( ) 18. Account form ( ) 19. Business entity concept ( ) 20. Financial accounting ( ) A. Assets taken from the business by the owner for personal use. B. The annual accounting period adopted by a business. C. Convertibility to cash D. Assets=liabilities+ owner抯 equity. E. Documents that help accountants organize their work. F. An condition or directly affects its results of accounting event or condition that directly changes an entity’s financial operation. G. The idea that revenues are recorded (recognized) when earned and that expenses are recorded when incurred. H. The book that contains the individual account (or control account), grouped according to the five elements of financial statements. I. Transferring data from the journal to the ledger. J. An expert accountant licensed by the state. K. The entries that transfer the balances of the revenue, expense, and dividends accounts to the retained earnings account. L. The opposite of an adjusting entry, journalized to facilitate routine bookkeeping entries. M. The process that begins with analyzing and journalizing transactions and ends with the post-closing balance. N. The simplest form of account. O. Income statement accounts P. A system of accounting for recording .transactions, based on recording increases and decreases in accounts so that debits equals credits. Q. A list of accounts in the ledger R. The branch of accounting concerned with providing external users with financial information needed to make decisions. S. An concept of accounting that limits the economic data in the account