Chapter 5-9 Review Question
第5-9章复习题

Question 1 问题1
Prepare journal entries to record the following merchandising transactions of Lowe’s, which uses the perpetual inventory system and the gross method.
准备日记账分录以记录 Lowe's 的以下商品交易，该交易使用永续盘存制和总额法。

August 1    Purchased merchandise from Aron Company for $5,000 under credit terms of 1/10, n/30, FOB destination, invoice dated August 1.
8 月 1 日 以 5,000 美元的价格从 Aron Company 购买商品，信用证条款为 1/10，n/30，FOB 目的地，发票日期为 8 月 1 日。
August 5    Sold merchandise to Baird Corporation for $3,500 under credit terms of 2/10, n/60, FOB destination, invoice dated August 5. The merchandise had cost $2,000.
8 月 5 日 以 3,500 美元的价格向贝尔德公司出售商品，信用条件为 2/10，n/60，FOB 目的地，发票日期为 8 月 5 日。商品成本为 2,000 美元。
August 8    Purchased merchandise from Waters Corporation for $4,000 under credit terms of 1/10, n/45, FOB shipping point, invoice dated August 8.
8 月 8 日 以 4,000 美元的价格从 Waters Corporation 购买商品，信用条款为 1/10，n/45，FOB 装运点，发票日期为 8 月 8 日。
August 9    Paid $150 cash for shipping charges related to the August 5 sale to Baird Corporation.
8 月 9 日 支付 150 美元现金，用于支付 8 月 5 日向贝尔德公司出售的相关运费。
August 10    Baird returned merchandise from the August 5 sale that had cost Lowe’s $500 and was sold for $1,000. The merchandise was restored to inventory.
8 月 10 日 Baird 退回了 8 月 5 日销售的商品，Lowe's 售价为 500 美元，最终售价为 1,000 美元。该商品已恢复库存。
August 12    After negotiations with Waters Corporation concerning problems with the purchases on August 8, Lowe’s received a price reduction from Waters of $400 off the $4,000 of goods purchased. Lowe's debited accounts payable for $400.
8 月 12 日 8 月 8 日，在与 Waters Corporation 就采购问题进行谈判后，Lowe's 从 Waters 处获得了 4,000 美元采购商品降价 400 美元的优惠。 Lowe's 借记应付账款为 400 美元。
August 14    At Aron’s request, Lowe’s paid $180 cash for freight charges on the August 1 purchase, reducing the amount owed (accounts payable) to Aron.
8 月 14 日 根据 Aron 的要求，Lowe's 支付了 8 月 1 日购买的 180 美元现金运费，减少了欠 Aron 的金额（应付账款）。
August 15    Received balance due from Baird Corporation for the August 5 sale less the return on August 10.
8 月 15 日 收到 Baird Corporation 8 月 5 日销售的应付余额减去 8 月 10 日的退货。
August 18    Paid the amount due Waters Corporation for the August 8 purchase less the price allowance from August 12.
8 月 18 日 支付沃特世公司 8 月 8 日采购的应付金额减去 8 月 12 日起的价格补贴。
August 19    Sold merchandise to Tux Company for $3,000 under credit terms of n/10, FOB shipping point, invoice dated August 19. The merchandise had cost $1,500.
8 月 19 日 以 3,000 美元的价格向 Tux Company 出售商品，信用条件为 n/10，FOB 装运点，发票日期为 8 月 19 日。商品成本为 1,500 美元。
August 22    Tux requested a price reduction on the August 19 sale because the merchandise did not meet specifications. Lowe’s gave a price reduction (allowance) of $500 to Tux and credited Tux's accounts receivable for that amount.
8 月 22 日 Tux 要求对 8 月 19 日的销售进行降价，因为商品不符合规格。 Lowe's 给予 Tux 500 美元的降价（补贴），并将该金额记入 Tux 的应收账款。
August 29    Received Tux’s cash payment for the amount due from the August 19 sale less the price allowance from August 22.
8 月 29 日收到 Tux 的现金付款，金额为 8 月 19 日销售应付金额减去 8 月 22 日起的价格补贴。
August 30    Paid Aron Company the amount due from the August 1 purchase.
8 月 30 日 向 Aron 公司支付 8 月 1 日购买的应付金额。

Question 2 问题2
Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 400 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. 
Laker 公司公布了其唯一产品 1 月份的采购和销售数据。具体而言，期末库存包括 1 月 30 日采购的 400 件、1 月 20 日采购的 5 件、期初库存 15 件。
Assume the perpetual inventory system is used.
假设采用永续盘存制。

Required: 必需的：
1)    Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification.
1) 填写表格以确定分配至期末存货的成本和使用特定标识的已售商品成本。
2)    Determine the cost assigned to ending inventory and to cost of goods sold using weighted average.
2) 采用加权平均法确定分配至期末存货和销货成本的成本。
3)    Determine the cost assigned to ending inventory and to cost of goods sold using FIFO.
3) 使用先进先出法确定分配到期末库存和销售货物成本的成本。
4)    Determine the cost assigned to ending inventory and to cost of goods sold using LIFO.
4) 使用后进先出法确定分配到期末库存和销售货物成本的成本。

Quesiton 3 问题3
Flynn Company determines that it cannot collect $8,700 of its accounts receivable from its customer, MDC.
Flynn Company 确定无法从其客户 MDC 收回 8,700 美元的应收账款。

Record the journal entry required of Flynn under (a) the direct write-off method and (b) the allowance method.
根据 (a) 直接冲销法和 (b) 备抵法记录弗林所需的日记账分录。

Question 4 问题4

On December 1, Daw Company accepts a $18,000, 45-day, 10% note from a customer.
12 月 1 日，Daw 公司接受客户开出的 18,000 美元、45 天、利率 10% 的票据。
(1) Prepare the year-end adjusting entry to record accrued interest revenue on December 31.
（1）编制年末调整分录，记录12月31日应计利息收入。
(2) Prepare the entry required on the note's maturity date assuming it is honored.
(2) 假设票据已兑现，准备票据到期日所需的分录。
Note: Use 360 days a year.
注意：一年360天都可以使用。