chp5 酒店财务会计完成会计循环.ppt

Choice 3.The proper sequence for the accounting cycle is a. analyze, journalize, post, adjust, prepare statements, close. b. post, journalize, analyze, prepare statements, close, adjust. c. prepare statements, journalize, post, adjust, close, analyze. d. journalize, post, close, prepare statements, adjust, analyze. Choice 4.After all the closing entries have been posted, the balance of the income summary account will be a. a debit if a net income has occurred. b. a debit if a net loss has occurred. c. a credit if a net loss has occurred. d. zero. Choice 5.The post-closing trial balance will a. be prepared before closing entries are posted to the ledger. b. contain both income statement and balance sheet accounts. c. contain only balance sheet accounts. d. contain only income statement accounts. * 分类资产负债表；结账分录；更正分录； 流动资产；流动负债；损益汇总；无形资产 * 流动性，变现能力或偿债能力；长期投资；长期负债；经营周期或者营业周期；实账户；结账后试算平衡表，工作底稿 * 准备工作底稿；结账过程；结账后的试算平衡；会计循环中的必要步骤；改正记录的方法；分类资产负债表 * The required steps in the accounting cycle are: (a) analyze business transactions, (b) journalize the transactions, (c) post to ledger accounts, (d) prepare a trial balance, (e) journalize and post adjusting entries, (f) prepare an adjusted trial balance, (g) prepare financial statements, (h) journalize and post closing entries, and (i) prepare a post-closing trial balance. presents a diagram of the steps in the accounting cycle. Emphasize that the cycle is repeated each accounting period. Stress the importance of the sequencing. * A work sheet is not a journal, and it cannot be used as a basis for posting to ledger accounts. Adjusting entries are recorded in the journal, and then posted to the ledger accounts. The adjusting entries are prepared from the adjustments columns of the work sheet. * Closing entries formally recognize in the ledger the transfer of net income (or net loss) and dividends to Retained Earnings as shown in the retained earnings statement. Journalizing and posting closing entries is a requir