西方财务会计课习题答案.docVIP

Chapter 2 Check Points (5 min.) CP 2-1 Hickman’s payment was not an expense. Hickman acquired an asset, Equipment, because the computer is an economic resource of the business. (5 min.) CP 2-2 a. $12,800 b. $ 3,000 c. $56,300 d. $ 500 e. $ 5,800 [Service revenue of $8,500 ($5,500 + $3,000) – Total expenses of $2,700 ($1,100 + $1,200 + $400) = Net income of $5,800] e. $ 500 (5-10 min.) CP 2-3 Cash Accounts Receivable 30,000 4,000 6,000 2,000 Bal. 6,00