会计英语综合测试一..docVIP

会计英语（2）综合测试一 测试时间为120分钟 一、英译汉（请将答案直接写在题后，每小题1分，共20分）： 二、汉译英（请将答案直接写在题后，每小题1分，共20分）： 三、单项选择题（每道题只有一个最准确的答案，请将答案填写在要求的表格内，每小题1分，共15分） 1. If the allowance method of accounting for uncollectible receivables is used, what general ledger account is debited to write off a customers account as uncollectible? A. Uncollectible Accounts Expense B. Accounts Receivable C. Allowance for Doubtful Accounts D. Interest Expense 2. Allowance for Doubtful Accounts has a debit balance of $500 at the end of the year (before adjustment), and uncollectible accounts expense is estimated at 3% of net sales. If net sales are $600,000, the amount of the adjusting entry to record the provision for doubtful accounts is A. $18,500 B. $17,500 C. $18,000 D. none of the above 3. The following lots of a particular commodity were available for sale during the year: Beginning inventory........ 10 units at $60 First purchase................ 25 units at $63 Second purchase............ 30 units at $64 Third purchase............... 10 units at $70 The firm uses the periodic system and there are 20 units of the commodity on hand at the end of the year. What is the amount of inventory at the end of the year according to the last-in, first-out method? A. $1,230 B. $1,220 C. $1,240 D. $1,340 4. During a period of falling prices, which of the following inventory methods generally results in the lowest balance sheet amount for inventory. A. average method B. LIFO method C. FIFO method D. can not tell without more information 5. Expenditures that add to the utility of fixed assets for more than one accounting period are A. committed expenditures B. revenue expenditures C. current expenditures D. capital expenditures 6. A fixed asset with a cost of $30,000 and accumulated depreciation of $27,500 is sold for $3,500. What is the amount of the gain or loss on disposal of the fixed asset? A. $2,500 loss B. $1,000 loss C. $2,500 gain D. $1,000 gain 7. The journal