99年 - 99 淡江大學轉學考會計學(一)#56104

科目：轉學考-會計學 | 年份：99年 | 選擇題數：5 | 申論題數：5

試卷資訊

所屬科目：轉學考-會計學

選擇題 (5)

1.A current liability is a obligation that the company expects to be paid (A) between 6 months and 18 months。 (B) out of currently recognized revenues. (C) within the coming year. (D) out of cash currently on hand.

2. Which of the following is not a characteristic of accrual basis of accounting? (A) Revenues and expenses are reported in the period in which cash is received or paid. (B) Revenues are reported in the accounting period in which they are earned. (C) Supports the matching concept. (D) All are correct。

3- Harris Company had checks outstanding totaling $15,400 on its May bank reconciliation. In June, Harris Company issued checks totaling $64,900. The June bank statement shows that $37,600 in checks cleared the bank in June。. A check from one of Harris Company^ customers in the amount of $300 was also returned marked ”NSF。” The amount of outstanding checks on Harris Company's June bank reconciliation should be (A) $49,500 (B)$53,000 (C) $37,600 (D) $42,700

4- A machine with a cost of $75,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours. What is the amount of depreciation for the second full year, using the double declining-balance method? (A) $17,500 (B) $37,500 (C) $18,750 (D) $16,667

5.Anthony Company sold Madison Company merchandise on account FOB shipping point，2/10，net 30，for $20,000. Anthony prepaid the $300 shipping charge. Which of the following entries does Anthony make to record this sale? (A) Debit: Accounts Receivable-Madison, $20,000; Credit: Sales，$20,000 (B) Debit: Accounts Receivable-Madison, $20,300; Credit: Sales, $20,000, and Cash, $300 (C) Debit: Accounts Receivable-Madison, $20,300; Credit: Sales, $20,300 (D) Debit: Accounts Receivable-Madison, $20,000，and Freight Out, $300; Credit: Sales，$20,000, and Cash, $300

申論題 (5)

二、On December 31，2009, when its Allowance for Doubtful Accounts had a credit balance of $1,500, Leeds Company estimates that 7% of its accounts receivable balance of $95,000 will become uncollectible. On March 3，2010, Leeds Company determined that Megan Josfs account of $950 was uncollectible. On May 15，2010, lost paid the amount previously written off. Reqsaired: (20%) Prepare the journal entries for December 31，2009，March 3, 2010 and May 15，2010.

【已刪除】三、Kendrick Company was organized on January 1 , During the first year of operations, the following expenditures and receipts were recorded in random

orderRequired: (20%)

1. Determine the carrying cost of ending inventory at the balance sheet date

2. Prepare the entry to record the inventory write-down for the current period

五、Pratt Corporation sold its 8% bonds with a maturity value of $ 1，0003000 on May 13 2008， for $950,263. At the time of the sale the bonds had 3 years until they reached maturity and the market rate was 10%。 The first annual payment of the bond interest is May 1，2009。 By November 1，2009，the firm decides to reacquire its 8% bonds in the market and is able to purchase $500,000 at 98, plus the accrued interest payment. The remainder of the outstanding bonds is extinguished at the due date on May 2011. Pratf s ending fiscal year is December 31，and uses effective interest method to amortize the premium or discount on bonds. Required: Prepare the journal entries for 2008/5/1，2008/12/31, 2009/05/01，2009/11/1。(20%)