财务英语会计分录.docVIP

筹建阶段 Get investment Proprietorship and Partnership Dr Cash Cr XXX’s capital Company Dr Cash Cr Common stock/Preferred stock (face value) Additional paid-in capital Buy office furniture/equipment/office supplies Dr Furniture/Supplies/Equipment Cr cash For merchandise business, purchase merchandise Dr Purchases Cr Cash For manufacturing business, purchase material Dr Material inventory Cr Cash 运营阶段 主要活动 For service business, provide service Dr Cash Cr Fees earned/Fees income For merchandise business, send merchandise to customer Dr Cash Cr Sales/Sales revenue Dr Cost of goods sold Cr Inventory For manufacturing business, from production to selling Dr Work in process inventory Cr Material inventory Dr Work in process inventory Cr Wages payable Dr Work in process inventory Cr Overhead cost Dr Finished goods inventory Cr Work in process inventory Dr Cash Cr Sales/Sales revenue Dr Cost of goods sold Cr Finished goods inventory 日常活动 一、Receivables 1. Sales Sales on account/credit; receive from the client a promise of pay service/merchandise/product Dr Accounts receivable Cr fees income/sales revenue Customer issue a note to replace the debt Dr Notes receivable Cr Accounts receivable 2. Account for bad debts Accountant recognize that there is XXX accounts receivable cannot be collected(direct write off ) Dr Bad debt expense Cr Accounts receivable Accountant estimate x% of accounts receivable cannot be collected every period(allowance method) Dr Bad debt expense Cr Allowance for bad debt As the actual loss of XXX is recognized Dr Allowance for bad debt Cr Accounts receivable 3. On the maturity date of notes Dr Cash Cr Notes receivable Interest income 二、Fixed assets 1. Accounting for depreciation(straight-line method, unit of production) Dr Depreciation expense Cr Accumulated depreciation 2. Accounting for repairs Ordinary expenditure Dr Repairs and Maintenance expense Cr Cash Capital expenditure Dr XXX(asset title) Cr Cash 3. Accounting for imp