国际会计双语评论.docx

Chap 11. The amounts of the assets and liabilities of Chickadee Travel Service at April 30, 2006, the end of the current year, and its revenue and expenses for the year are listed below. The capital of Adam Cellini, owner, was $50,000 at May 1, 2005, the beginning of the current year, and the owner withdrew $30,000 during the current year.Accounts payable $ 12,200 Supplies $ 3,350Accounts receivable 31,350 Supplies expense 7,100Cash 53,050 Taxes expense 5,600Fees earned 263,200 Utilities expense 22,500Miscellaneous expense 2,950 Wages expense 131,700Rent expense 37,800Instructions1. Prepare an income statement for the current year ended April 30, 2006.2. Prepare a statement of owner’s equity for the current year ended April 30, 2006.3. Prepare a balance sheet as of April 30, 2006.答案：1.CHICKADEE TRAVEL SERVICEIncome Statement For the Year Ended April 30, 2006Fees earned $263,200 Expenses:Wages expense $131,700 Rent expense 37,800 Utilities expense 22,500 Supplies expense 7,100 Taxes expense 5,600 Miscellaneous expense 2,950 Total expenses 207,650 Net income $55,550 2.CHICKADEE TRAVEL SERVICEStatement of Owners EquityAdam Cellinic, capital, May 1,$50,000 Net income for the year $55,550 Less withdrawals 30,000 Increase in owners equity 25,550 Adam Cellinic, capital, April 30, 2006 $75,550 3.CHICKADEE TRAVEL SERVICEBalance SheetApril 30,2006AssetsLiabilitiesCash $53,050 Accounts payable $12,200 Accounts receivable 3,150 Supplies 3,350 Owners Equity $ 75,550Total assets $87,750 Total liabilities and owners equity $87,750 Chap 21. The Zuni Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Gayle McCall, Capital; Gayle McCall, Drawing; Fees Earned; Rent Expense; Advertising Expense; Utilities Expense; Miscellaneous Expense.Journalize the following