会计英语wo解答.ppt

ACCOUNTING MATTERS;Study Objectives;THE BASIC ACCOUNTING EQUATION;;Accounting elements;Assets ;Assets;Assets;Assets;Assets;Assets;Liabilities ;Liabilities ;Liabilities;Owners’ Equity ;Owners’ Equity;PAID-IN CAPITAL;Owners’ Equity;Owners’ Equity;Owners’ Equity;RETAINED EARNINGS;REVENUES;Revenue ;Revenue;Expenses ;Expenses;EXPENSES;Profit ;DIVIDENDS;Revenues ;INCREASES DECREASES IN STOCKHOLDERS’ EQUITY ;TRANSACTION ANALYSIS;HOW BUSINESS TRANSACTIONS AFFECT THE ACCOUNTING EQUATION;TRANSACTION IDENTIFICATION PROCESS;TRANSACTION 1;There is an increase in the asset Cash, $15,000, and an equal increase in the stockholders’ equity, Common Stock, $15,000.;TRANSACTION 2;Cash is decreased $7,000 and the asset Equipment is increased $7,000.;TRANSACTION 3;The asset Supplies is increased $1,600 and the liability Accounts Payable is increased by the same amount.;TRANSACTION 4;Cash is increased $1,200 and Retained Earnings is increased $1,200.;TRANSACTION 5;Accounts Payable is increased $250, and Retained Earnings is decreased $250.;TRANSACTION 6;(6) +1,500 +2,000 +3,500 revenue ;TRANSACTION 7;(7) -1,700 -600 Rent -900 Salaries