资产负债表英文课件.ppt

The balance sheet;Outline;Essentials;Assets;A probable future benefit must exist. An obsolete piece of equipment The business must have an exclusive right to control the benefit. The benefit must arise from some past transaction or event. The asset must be capable of measurement in monetary terms. All four of these conditions must apply.;Which of the following are assets? Activity 1;Classification of assets;Classification of assets;Classification of assets;Claims;Claims: liabilities;Claims: owner’s equity;Activity 2 MTI Co. deposits $ 20,000 in a bank account on 1 March in order to commence business. The cash is supplied by the owner ($6,000) and by a lender ($14,000) and paid into the business account. The raising of the funds in this way will give rise to a claim on the business by ? (?) and ? (?).;MTI Co. Balance sheet as at 1 March Assets $ Claims $ Cash at bank 20,000 Liability – loan 14,000 Capital 6,000 20,000 20,000 ;The balance sheet equation;2 March Purchased a motor van for $5,000, pay by check 3 March Purchased inventories (that is, goods to be sold) on one month’s credit for $3,000 (this means that the inventories will be bought on 3 March, but payment will not be made to the supplier until ?) 4 March Repaid $2,000 of the loan from the lender 6 March Owner introduced another $4,000 into the business bank account MTI balance sheet as at: 2 March, 3 March, 4 March, 6 March;MTI Co. Balance sheet as at 6 March Assets $ Claims $ Cash at bank 17,000 Liability (loan) 12,000 Motor van 5,000 Liability (trade payable, creditor) 3,000 Inventories 3,000 Capital 10,000 25,000