会计英语分q录.docVIP

1）purchases of inventory in cash for ＄3 000 　　Dr. Inventory 3000　　　　　　 　　Cr. Cash 3000 　　　　　 2）sales on account of $10 000 　Dr. Accounts receivable 10 000 　Cr. Sales revenue 10 000 　 　 3）paid ＄ 50 000 in salaries wages Dr. Salaries wages expense 50 000 Cr. Bank deposit 50 000　　　　 4）cash sale of US$1 180 　 Dr. Cash 1 180 　　　　　　 　 Cr. Sales revenue 1 180 5）pre-paid insurance for $12 000 Dr. Prepaid insurance 12 000　　　　　　　　　　 Cr. Bank deposit 12 000 6) Issued a one-month-term note ＄20 000 for the payment of accounts payable . Dr. Accounts payable 20 000 Cr. Notes payable 20 000 7) purchased a piece of land as long-term investment for cash ＄10 000. Dr. Land 10 000 Cr. Cash 10 000 8) purchased office equipment for cash ＄5 000. Dr. Office equipment 5000 Cr. Cash 5000 9) purchased on account a lot of merchandise amounting ＄ 60 000. Dr. Inventory 60 000 Cr. Accounts payable 60 000 10) made a sale of merchandise on account for ＄81 000 Dr. Accounts receivable 81 000 Cr. Sales revenue 81 000 11) paid cash in advance for two months’ rent ＄800. Dr. Prepaid rent 800 Cr. Cash 800 12) collection from customers ＄70 000: ＄60 000 cash, ＄10 000 note– a one-month term note bearing 10.8% interest. Dr. Cash 60 000 Notes receivable 10 000 Cr. Accounts receivable 70 000 13) paid ＄40 000 cash for accounts payable– liability item. Dr. Accounts payable 40 000 Cr. Cash 40 000 14) paid other expenses ＄ 5 200 in cash. Dr. Other expenses 5 200 Cr. Cash 5 200 15) paid cash for em