会计英语第四章作业
Matching Questions
115. Match the following terms with the appropriate definition.
1. Temporary accounts
2. Pro forma statements
3. Closing entries
4. Work sheet
5. Accounting cycle
6. Post-closing trial balance
7. Permanent accounts
8. Operating cycle of a business
9. Income summary
10. Working papers
Accounts that reflect on activities related to one or
more future periods; they include all balance sheet
accounts.
Recurring steps performed each accounting period, starting with analyzing and recording of transactions in the journal and continuing through the post-closing trial
balance (or reversing entries).
Accounts that are used to record transactions and
events for one accounting period only; they include
revenues, expenses, and withdrawals.
Analyses and other informal reports prepared by accountants when organizing the information presented in
reports and financial statements.
A temporary account used only in the closing process
and to where the balances of revenue and expense
accounts are transferred.
A spreadsheet used to draft an unadjusted trial balance,
adjusting entries, adjusted trial balance, and financial
statements.
Entries recorded at the end of each accounting period to transfer end-of-period balances in revenue, expense, and withdrawals accounts to the permanent owner's capital
account.
A list of permanent accounts and their balances from
the ledger after all closing entries are journalized and
posted. The time span from when cash is used to acquire goods and services until cash is received from the sale of those
goods and services.
Statements that show the effects of proposed transactions as if the transactions had already occurred.
136. The unadjusted trial balance of E．Pace, Consultant is entered on the partial work sheet below. Complete the work sheet using the following information:
(a) Salaries earned by employees that are unpaid and unrecorded, $500.
(b) An inventory of supplies showed $800 of unused supplies still on hand.
(c) Depreciation on equipment, $1,300.。