会计英语课件Unit7.pptVIP

Accounting English Unit Seven Learning Objectives Unit Seven to describe the common classification of receivables; to understand the importance of accounts receivables; to understand the nature and the accounting for uncollectibles; to write off an uncollectible account receivable; to make allowance for doubtful accounts; to account for uncollectible receivables by the allowance method or by the direct write-off method. Warming-up Unit Seven If you have purchased an automobile on credit, you probably signed a note. From your viewpoint, the note is note payable. From the creditor’s viewpoint, the note is note receivable. Many companies sell on credit in order to sell more services or products. The receivables that result from such sales are normally classify as accounts receivables or notes receivables. The term receivables includes all money claims against other entities, including people, business firms and other organizations. Vocabulary Unit Seven classification merchandise grant definite installment privilege liquid assets investigate inevitably cautious write-off method allowance method bad debts 分类 商品 授予，承认，允许 明确的 分期付款 特权，优惠 流动资产 调查 不可避免地 谨慎的 直接注销法 备抵法 坏帐 Notes Unit Seven The Direct Write-off Method 直接转销法 有些公司不用任何应收账款的备抵法。这些公司不是在期末时根据估计编制调整分录确认坏账损失，而是直至特定应收款项确定没有价值时才确认坏账损失。这种方法无意将收入与不可收回的损失配比。损失记录为贷应收账款，借坏账费用或坏账损失。这种方法叫做应收账款“直接转销法”。在直接转销法下，坏账只有在确定无发收回时才被计入当期费用。 allowance method 备抵法 按照赊销收入或未偿付应收账款总额对可能无法收回款项做出估计。在销售确认当期作为费用加以记录并抵减应收账款该方法通常被称作备抵法。 Notes Unit Seven The percentage-of-receivables method estimates uncollectible accounts by determining the desired size of the allowance for uncollectible accounts. The ending balance in Account Receivable is multiplied by a rate based on past experience regarding uncollectible accounts.