1111V2.docx

PROBLEM 2.7A
问题2.7A

a. 一个。
FRANKLIN BAKERY 富兰克林面包店
Balance Sheet 资产负债表
August 1, 2015 2015 年 8 月 1 日
Assets 资产		Liabilities & Owners' Equity 负债和所有者权益
Cash 现金	$6,940	Liabilities: 负债：
Accounts receivable 应收账款	11,260	Notes payable 应付票据	$74,900
Supplies 补给品	7,000	Accounts payable 应付账款	16,200
Equipment & fixtures 设备及固定装置	44,500	Salaries payable 应付工资	8,900
Building 建筑	84,000	Total liabilities 负债总额	$100,000
Land 土地	67,000	Owners' equity: 所有者权益：
		Capital stock 股本	80,000
		Retained earnings * 留存收益 *	40,700
Total 全部的	$220,700	Total 全部的	$220,700

The accounting equation is:
会计等式为：

Assets=Liabilities+Owner’s Equity
资产=负债+所有者权益

The total assets as of August 1 are:
截至8月1日的总资产为：

Cash (6,940)+Accounts Receivable (11,260)+Building (84,000)+Land (67,000)+Equipment and Fixtures (44,500)+Supplies (7,000)=220,700
现金（6,940）+应收账款（11,260）+建筑物（84,000）+土地（67,000）+设备及固定装置（44,500）+用品（7,000）=220,700

The total liabilities are:
负债总额为：

Accounts Payable (16,200)+Notes Payable (74,900)+Salaries Payable (8,900)=100,000
应付账款（16,200）+应付票据（74,900）+应付工资（8,900）=100,000

Owner’s equity consists of capital stock ($80,000) and retained earnings (unknown). Using the accounting equation:
所有者权益包括股本（80,000 美元）和留存收益（未知）。使用会计等式：

Retained Earnings=Assets−Liabilities−Capital Stock
留存收益=资产−负债−股本

Retained Earnings=220,700−100,000−80,000=40,700
留存收益=220,700−100,000−80,000=40,700

b.
FRANKLIN BAKERY 富兰克林面包店
Balance Sheet 资产负债表
August 3, 2015 2015 年 8 月 3 日
Assets 资产		Liabilities & Owners' Equity 负债和所有者权益
Cash 现金	$14,490	Liabilities: 负债：
Accounts receivable 应收账款	11,260	Notes payable 应付票据	$74,900
Supplies 补给品	8,250	Accounts payable 应付账款	7,200
Equipment & fixtures 设备及固定装置	51,700	Salaries payable 应付工资	8,900
Building 建筑	84,000	Total liabilities 负债总额	$91,000
Land 土地	67,000	Owners' equity: 所有者权益：
		Capital stock 股本	105,000
		Retained earnings 留存收益	40,700
Total 全部的	$236,700	Total 全部的	$236,700

August 2 Transactions:
8 月 2 日交易：

Sold additional capital stock for $25,000 → Cash increases by $25,000, and capital stock increases by $25,000.
以 25,000 美元出售额外股本→现金增加 25,000 美元，股本增加 25,000 美元。

Paid accounts payable in full ($16,200) → Cash decreases by $16,200, and accounts payable decreases by $16,200.
全额支付应付账款（16,200 美元） →现金减少 16,200 美元，应付账款减少 16,200 美元。

August 3 Transactions:
8 月 3 日交易：

Purchased equipment worth $7,200 (to be paid within 10 days) → Equipment increases by $7,200, and accounts payable increases by $7,200.
购买价值 7,200 美元的设备（ 10 天内支付） →设备增加 7,200 美元，应付账款增加 7,200 美元。

Purchased supplies for $1,250 cash (market value: $1,890) → Supplies increase by $1,250, and cash decreases by $1,250.
以 1,250 美元现金购买物资（市场价值：1,890 美元） →物资增加 1,250 美元，现金减少 1,250 美元。

Updated Balances:
更新余额：

Cash: $6,940 + $25,000 - $16,200 - $1,250 = $14,490
现金：$6,940 + $25,000 - $16,200 - $1,250 = $14,490

Accounts Payable: $16,200 (original) - $16,200 (paid) + $7,200 (new) = $7,200
应付账款：16,200 美元（原始）- 16,200 美元（已付）+ 7,200 美元（新）= 7,200 美元

Equipment: $44,500 + $7,200 = $51,700
设备：44,500 美元 + 7,200 美元 = 51,700 美元

Supplies: $7,000 + $1,250 = $8,250
耗材：7,000 美元 + 1,250 美元 = 8,250 美元

Capital Stock: $80,000 + $25,000 = $105,000
股本：80,000 美元 + 25,000 美元 = 105,000 美元

FRANKLIN BAKERY 富兰克林面包店
Statement of Cash Flows 现金流量表
For the Period August 1-3, 2015 2015年8月1日至3日期间
Cash flows from operating activities: 经营活动现金流量：
	Cash payment of accounts payable 应付账款现金支付	$(16,200)
	Cash purchase of supplies 现金采购物资	(1,250)
	Cash used in operating activities: 经营活动所用现金：		$(17,450)

Cash flows from investing activities: 投资活动产生的现金流量：
	None 没有任何

Cash flows from financing activities: 筹资活动产生的现金流量：
	Sale of capital stock 出售股本		$25,000

Increase in cash 现金增加			$7,550
Cash balance, August 1, 2015 现金余额，2015 年 8 月 1 日			6,940
Cash balance, August 3, 2015 现金余额，2015 年 8 月 3 日			$14,490

Prepare the Statement of Cash Flows (August 1–3, 2015)
编制现金流量表（2015年8月1日至3日）

Operating Activities:
经营活动：

Paid accounts payable: $(16,200)$
已付应付账款：$(16,200)$

Purchased supplies: $(1,250)$
购买的物资：$(1,250)$

Net Operating Cash Flow: $(17,450)$
净运营现金流：$(17,450)$

Financing Activities:
融资活动：

Sold capital stock: $25,000
出售股本：25,000 美元

Net Financing Cash Flow: $25,000
净融资现金流： 25,000 美元

Investing Activities:
投资活动：

No investing cash flows during this period.
本期无投资现金流量。

Net Cash Increase:
净现金增加：

$25,000 - $17,450 = $7,550

c. Assuming notes payable are not due for several years:
c .假设应付票据多年未到期：

As of August 3, the cash balance increased significantly from August 1, improving liquidity.
截至8月3日，现金余额较8月1日大幅增加，流动性有所改善。

Total assets increased by $16,000, and capital stock increased by $25,000, indicating the company raised additional funds.
总资产增加了 16,000 美元，股本增加了 25,000 美元，表明公司筹集了额外资金。

Total liabilities decreased slightly, reducing short-term financial pressure.
负债总额小幅下降，短期资金压力减轻。

Thus, the financial position on August 3 is stronger than on August 1.
因此，8 月 3 日的财务状况比 8 月 1 日更强。

PROBLEM 3.7A 问题3.7A
SANLUCAS, INC. 圣卢卡斯有限公司
a. 一个。
General Journal 普通期刊

2015
June 六月	4	Cash 现金		1,500
			Notes Payable 应付票据		1,500
		Borrowed cash from bank by issuing a note 通过发行票据向银行借入现金
		payable. 应付。

	9	Cash 现金		1,600
			Accounts Receivable 应收账款		1,600
		Collected $1,600 from Nina Lesher on account. 从 Nina Lesher 账户上收取 1,600 美元。

	10			150
					150
		Purchased inspection supplies on account. 赊购检验用品。

	17	Accounts Receivable 应收账款		1,650
			Inspection Revenue 检验收入		1,650
		Billed homeowners $1,650 on account. 向房主收取 1,650 美元的账单。

	25	Advertising Expense 广告费		200
			Cash 现金		200
		Paid WLIR Radio for ads to be aired June 27. 付费 WLIR Radio 购买将于 6 月 27 日播出的广告。

	28	Testing Expense 检测费用		1,300
			Cash 现金		1,300
		Paid for June testing expenses. 支付六月份的测试费用。

	30	Salaries Expense 薪资开支		1,100
			Cash 现金		1,100
		Paid June salaries. 发了6月份的工资。

PROBLEM 3.7A 问题3.7A
SANLUCAS, INC. (continued) 桑卢卡斯有限公司（续）
b.
	Cash 现金				Accounts Receivable 应收账款
	June 1 bal. 6 月 1 日	5,100	June 25 6月25日	200	June 1 bal. 6 月 1 日	2,600	June 9 6月9日	1,600
	June 4 6月4日	1,500	June 28 6月28日	1,300	June 17 6月17日	1,650
	June 9 6月9日	1,600	June 30 6月30日	1,100


	June 30 bal. 6 月 30 日	5,600			June 30 bal. 6 月 30 日	2,650

	Inspection Supplies 检查用品				Accounts Payable 应付账款
	June 1 bal. 6 月 1 日	800					June 1 bal. 6 月 1 日	850
	June 10 6月10日	150					June 10 6月10日	150
	June 30 bal. 6 月 30 日	950					June 30 bal. 6 月 30 日	1,000

	Notes Payable 应付票据				Dividends 股息
			June 1 bal. 6 月 1 日	2,000	June 1 bal. 6 月 1 日	600
			June 4 6月4日	1,500
			June 30 bal. 6 月 30 日	3,500	June 30 bal. 6 月 30 日	600

	Capital Stock 股本				Retained Earnings 留存收益
			June 1 bal. 6 月 1 日	3,000			June 1 bal. 6 月 1 日	1,800

			June 30 bal. 6 月 30 日	3,000			June 30 bal. 6 月 30 日	1,800

	Inspection Revenue 检验收入				Salaries Expense 薪资开支
			June 1 bal. 6 月 1 日	8,350	June 1 bal. 6 月 1 日	4,900
			June 17 6月17日	1,650	June 30 6月30日	1,100
			June 30 bal. 6 月 30 日	10,000	June 30 bal. 6 月 30 日	6,000

	Advertising Expense 广告费				Testing Expense 检测费用
	June 1 bal. 6 月 1 日	300			June 1 bal. 6 月 1 日	1,700
	June 25 6月25日	200			June 28 6月28日	1,300
	June 30 bal. 6 月 30 日	500			June 30 bal. 6 月 30 日	3,000

PROBLEM 3.7A 问题3.7A
SANLUCAS, INC. (concluded) SANLUCAS, INC.（结束）
c.
SANLUCAS, INC. 圣卢卡斯有限公司
Trial Balance 试算表
June 30, 2015 2015 年 6 月 30 日
Cash 现金		$5,600
Accounts receivable 应收账款		2,650
Inspection supplies 检验用品		950
Accounts payable 应付账款			$1,000
Notes payable 应付票据			3,500
Dividends 股息		600
Capital stock 股本			3,000
Retained earnings 留存收益			1,800
Inspection revenue 检验收入			10,000
Salaries expense 工资开支		6,000
Advertising expense 广告费		500
Testing expense 检测费用		3,000
		$19,300	$19,300


d.	The company must have paid all of the dividends it has declared. Otherwise, its trial balance would have reported dividends payable. 公司必须支付其宣布的所有股息。否则，其试算表将报告应付股息。

PROBLEM 4.7A 问题 4.7A
KEN HENSLEY ENTERPRISES, INC. 肯·汉斯利企业有限公司
a. 一个。
General Journal 普通期刊
(Adjusting Entries) （调整条目）
2015		(1)
Dec. 十二月	31	Accounts Receivable 应收账款		4,400
			Studio Revenue Earned 工作室收入		4,400
		To record accrued studio revenue earned in 记录工作室赚取的应计收入
		December. 十二月。
		(2)
	31	Supplies Expense 用品费用		700
			Studio Supplies 工作室用品		700
		To record studio supplies used in December 记录12月使用的录音室用品
		($7,600 - $6,900).

		(3)
	31	Insurance Expense 保险费用		250
			Unexpired Insurance 未到期的保险		250
		To record December insurance expense ($1,500 x1/6). 记录 12 月保险费用（$1,500 x1/6）。

		(4)
	31	Studio Rent Expense 工作室租金费用		2,000
			Prepaid Studio Rent 预付工作室租金		2,000
		To record studio rent in December ($6,000 x 1/3). 12 月份录音室租金（$6,000 x 1/3）。

		(5)
	31	Depreciation Expense: Recording Equipment 折旧费用：录音设备		1,500
			Accumulated Depreciation: Rec. Eq. 累计折旧：建议。等式。		1,500
		To record depreciation expense in December 记录12月折旧费用
		($90,000 x 1/60). （90,000 美元 x 1/60）。

		(6)
	31	Interest Expense 利息支出		120
			Interest Payable 应付利息		120
		To record accrued interest expense in 将应计利息支出记录在
		December ($16,000 x 9% x 1/12). 12 月（16,000 美元 x 9% x 1/12）。
		(7)
	31	Unearned Studio Revenue 工作室不劳而获的收入		3,600
			Studio Revenue Earned 工作室收入		3,600
		To record advance collections earned in Dec. 记录 12 月赚取的预收款。

		(8)
	31	Salaries Expense 薪资开支		540
			Salaries Payable 应付薪金		540
		To record salaries accrued in December. 记录 12 月份应计工资。

		(9)
	31	Income Taxes Expense 所得税费用		1,700
			Income Taxes Payable 应缴所得税		1,700
		To record income taxes accrued in December. 记录十二月份应计所得税。
		($19,600 - $17,900).

PROBLEM 4.7A 问题 4.7A
KEN HENSLEY ENTERPRISES, INC. (continued) KEN HENSLEY ENTERPRISES, INC.（续）
b.
Ken Hensley Enterprises, Inc. 肯·汉斯利企业公司
Income Statement 损益表
For the Year Ended December 31, 2015 截至2015年12月31日止年度
		Studio Revenue Earned 工作室收入		$115,000

		Salaries Expense 薪资开支	$18,540
		Supplies Expense 用品费用	1,900
		Insurance Expense 保险费用	2,930
		Depreciation Expense: Recording Equipment 折旧费用：录音设备	18,000
		Studio Rent Expense 工作室租金费用	23,000
		Utilities Expense 水电费	2,350
		Interest Expense 利息支出	960
		Income Tax Expense 所得税费用	19,600
		Total Expenses 总费用		87,280
		Net Income 净利		$27,720



c.	Monthly rent expense for the last two months of 2015 was $2,000 ($6,000/3 months). The $21,000 rent expense shown in the trial balance includes a $2,000 rent expense for November, which means that total rent expense for January through October was $19,000 ($21,000 - $2,000). The monthly rent expense in these months must have been $1,900 ($19,000/10 months). Thus, it appears that monthly rent increased by $100 (from $1,900 to $2,000) in November and December. 2015 年最后两个月的月租金为 2,000 美元（6,000 美元/3 个月）。试算表中显示的 21,000 美元租金费用包括 11 月份的 2,000 美元租金费用，这意味着 1 月至 10 月的租金费用总额为 19,000 美元（21,000 美元 - 2,000 美元）。这几个月的月租金支出必须为 1,900 美元（19,000 美元/10 个月）。因此，11 月和 12 月的月租金似乎增加了 100 美元（从 1,900 美元增至 2,000 美元）。

PROBLEM 4.7A
问题 4.7A

KEN HENSLEY ENTERPRISES, INC. (concluded)
KEN HENSLEY ENTERPRISES, INC.（结束）

Insurance expense of $250 per month in the last 5 months of the year was $10 per month more than the average monthly cost in the first 7 months of the year ($250 - $240).
今年最后 5 个月每月 250 美元的保险费用比今年前 7 个月的平均每月费用（250 - 240 美元）多出 10 美元。

Insurance expense for 12 months ended
截至 12 个月的保险费用

December 31, 2015
2015 年 12 月 31 日

$2,930

Less: Insurance expense for August through December
减：8月至12月的保险费用

@ $250/month
@ $250/月

1,250

Insurance expense for January through July
一月至七月的保险费用

$1,680

÷ 7

months
月

Average monthly insurance expense for Jan.-July
1-7月平均每月保险费用

$240

Accumulated depreciation per trial balance
每个试算表的累计折旧

$52,500

Add: December depreciation expense (adj. entry 5)
添加：12 月折旧费用（调整条目 5）

1,500

Accumulated depreciation at December 31, 2015
2015年12月31日累计折旧

$54,000

÷ 1,500

per month
每月

Age of equipment at December 31, 2015
截至2015年12月31日的设备年龄

months
月

Income Statement
损益表

Balance Sheet
资产负债表

Net
网

Owners'
业主的

Adjustment
调整

Revenue
收入

Expenses
开支

Income
收入

Assets
资产

Liabilities
负债

Equity
公平