一、资产类Assets流动资产Current assets货币资金Cash and cash equivalents现金Cash银行存款Cash in bank其他货币资金Other cash and cash equivalents外埠存款Other city Cash in bank银行本票Cashier''s cheque银行汇票Bank draft信用卡Credit card信用证保证金L/C Guarantee deposits 存出投资款Refundable deposits短期投资Short-term investments股票Short-term investments - stock债券Short-term investments - corporate bonds基金Short-term investments - corporate funds其他Short-term investments - other短期投资跌价准备Short-term investments falling price reserves应收票据Note receivable银行承兑汇票Bank acceptance商业承兑汇票Trade acceptance应收股利Dividend receivable应收利息Interest receivable应收账款Account receivable其他应收款Other notes receivable坏账准备Bad debt reserves预付账款Advance money应收补贴款Cover deficit by state subsidies of receivable库存资产Inventories物资采购Supplies purchasing原材料Raw materials包装物Wrappage低值易耗品Low-value consumption goods材料成本差异Materials cost variance 自制半成品Semi-Finished goods库存商品Finished goods商品进销差价Differences between purchasing and selling price委托加工物资Work in process - outsourced 委托代销商品Trust to and sell thegoods on a commission basis受托代销商品Commissioned and sellthe goods on a commission basis存货跌价准备Inventory falling pricereserves分期收款发出商品Collect money andsend out the goods by stages待摊费用Deferred and prepaidexpenses长期投资Long-term investment长期股权投资Long-term investmenton stocks股票投资Investment on stocks其他股权投资Other investment onstocks长期债权投资Long-term investmenton bonds债券投资Investment on bonds其他债权投资Other investment onbonds长期投资减值准备Long-terminvestments depreciation reserves股权投资减值准备Stock rightsinvestment depreciation reserves债权投资减值准备Bcreditor''s rightsinvestment depreciation reserves委托贷款Entrust loans本金Principal利息Interest减值准备Depreciation reserves固定资产Fixed assets房屋Building建筑物Structure机器设备Machinery equipment运输设备Transportation facilities工具器具Instruments and implement累计折旧Accumulated depreciation固定资产减值准备Fixed assetsdepreciation reserves房屋、建筑物减值准备Building/structure depreciation reserves机器设备减值准备Machineryequipment depreciation reserves工程物资Project goods and material专用材料Special-purpose material专用设备Special-purpose equipment预付大型设备款Prepayments forequipment为生产准备的工具及器具Preparativeinstruments and implement for fabricate在建工程Construction-in-process安装工程Erection works在安装设备Erectingequipment-in-process技术改造工程Technical innovationproject大修理工程General overhaul project在建工程减值准备Construction-in-process depreciationreserves固定资产清理Liquidation of fixedassets无形资产Intangible assets专利权Patents非专利技术Non-Patents商标权Trademarks, Trade names著作权Copyrights土地使用权Tenure商誉Goodwill无形资产减值准备Intangible Assetsdepreciation reserves专利权减值准备Patent rightsdepreciation reserves商标权减值准备trademark rightsdepreciation reserves未确认融资费用Unacknowledgedfinancial charges待处理财产损溢Wait deal assetsloss or income待处理财产损溢Wait deal assetsloss or income待处理流动资产损溢Wait dealintangible assets loss or income待处理固定资产损溢Wait dealfixed assets loss or income二、负债类Liability短期负债Current liability短期借款Short-term borrowing应付票据Notes payable银行承兑汇票Bank acceptance商业承兑汇票Trade acceptance应付账款Account payable预收账款Deposit received代销商品款Proxy sale goods revenue 应付工资Accrued wages应付福利费Accrued welfarism应付股利Dividends payable应交税金Tax payable应交增值税value added tax payable进项税额Withholdings on V A T已交税金Paying tax转出未交增值税Unpaid V A T changeover减免税款Tax deduction销项税额Substituted money on V A T 出口退税Tax reimbursement for export进项税额转出Changeover withnoldings on V A T出口抵减内销产品应纳税额Export deduct domestic sales goods tax 转出多交增值税Overpaid V A T changeover未交增值税Unpaid V A T应交营业税Business tax payable应交消费税Consumption tax payable 应交资源税Resources tax payable应交所得税Income tax payable应交土地增值税Increment tax on land value payable应交城市维护建设税Tax for maintaining and building cities payable 应交房产税Housing property tax payable应交土地使用税Tenure tax payable应交车船使用税Vehicle and vessel usage license plate tax(VVULPT) payable应交个人所得税Personal income tax payable其他应交款Other fund in conformity with paying其他应付款Other payables预提费用Drawing expense in advance 其他负债Other liabilities待转资产价值Pending changerover assets value预计负债Anticipation liabilities长期负债Long-term Liabilities长期借款Long-term loans一年内到期的长期借款Long-term loans due within one year一年后到期的长期借款Long-term loans due over one year应付债券Bonds payable债券面值Face value, Par value债券溢价Premium on bonds债券折价Discount on bonds应计利息Accrued interest长期应付款Long-term account payable应付融资租赁款Accrued financial lease outlay一年内到期的长期应付Long-termaccount payable due within one year一年后到期的长期应付Long-termaccount payable over one year专项应付款Special payable一年内到期的专项应付Long-termspecial payable due within one year一年后到期的专项应付Long-termspecial payable over one year递延税款Deferral taxes三、所有者权益类OWNERS''EQUITY资本Capital实收资本(或股本)Paid-up capital(or stock)实收资本Paid-up capital实收股本Paid-up stock已归还投资Investment Returned资本公积Capital reserve资本(或股本)溢价Capital(or Stock)premium接受捐赠非现金资产准备Receivenon-cash donate reserve股权投资准备Stock right investmentreserves拨款转入Allocate sums changeover in外币资本折算差额Foreign currency capital其他资本公积Other capital reserve盈余公积Surplus reserves法定盈余公积Legal surplus任意盈余公积Free surplus reserves法定公益金Legal public welfare fund储备基金Reserve fund企业发展基金Enterprise expension fund利润归还投资Profits capitalizad onreturn of investment利润Profits本年利润Current year profits利润分配Profit distribution其他转入Other chengeover in提取法定盈余公积Withdrawal legal surplus提取法定公益金Withdrawal legal public welfare funds提取储备基金Withdrawal reserve fund提取企业发展基金Withdrawal reserve for businessexpansion提取职工奖励及福利基金Withdrawalstaff and workers'' bonus and welfarefund利润归还投资Profits capitalizad onreturn of investment应付优先股股利Preferred Stockdividends payable提取任意盈余公积Withdrawal othercommon accumulation fund应付普通股股利Common Stockdividends payable转作资本(或股本)的普通股股利Common Stock dividends change toassets(or stock)未分配利润Undistributed profit四、成本类Cost生产成本Cost of manufacture基本生产成本Base cost ofmanufacture辅助生产成本Auxiliary cost ofmanufacture制造费用Manufacturing overhead材料费Materials管理人员工资Executive Salaries奖金Wages退职金Retirement allowance补贴Bonus外保劳务费Outsourcing fee福利费Employee benefits/welfare会议费Coferemce加班餐费Special duties市内交通费Business traveling通讯费Correspondence电话费Correspondence水电取暖费Water and Steam税费Taxes and dues租赁费Rent管理费Maintenance车辆维护费Vehicles maintenance油料费Vehicles maintenance培训费Education and training接待费Entertainment图书、印刷费Books and printing运费Transpotation保险费Insurance premium支付手续费Commission杂费Sundry charges折旧费Depreciation expense机物料消耗Article of consumption 劳动保护费Labor protection fees季节性停工损失Loss on seasonality cessation劳务成本Service costs五、损益类Profit and loss收入Income业务收入OPERA TING INCOME主营业务收入Prime operating revenue产品销售收入Sales revenue服务收入Service revenue其他业务收入Other operating revenue 材料销售Sales materials包装物出租Wrappage lease出让资产使用权收入Remise right of assets revenue返还所得税Reimbursement of income tax其他收入Other revenue投资收益Investment income短期投资收益Current investment income 长期投资收益Long-term investment income计提的委托贷款减值准备Withdrawalof entrust loans reserves补贴收入Subsidize revenue国家扶持补贴收入Subsidize revenue from country其他补贴收入Other subsidize revenue营业外收入NON-OPERATINGINCOME非货币性交易收益Non-cash dealincome现金溢余Cash overage处置固定资产净收益Net income on disposal of fixed assets出售无形资产收益Income on sales of intangible assets固定资产盘盈Fixed assets inventory profit罚款净收入Net amercement income支出Outlay业务支出Revenue charges主营业务成本Operating costs产品销售成本Cost of goods sold服务成本Cost of service主营业务税金及附加Tax and associate charge营业税Sales tax消费税Consumption tax城市维护建设税Tax for maintaining and building cities资源税Resources tax土地增值税Increment tax on land value其他业务支出Other business expense销售其他材料成本Other cost of material sale其他劳务成本Other cost of service其他业务税金及附加费Other tax and associate charge费用Expenses营业费用Operating expenses代销手续费Consignment commission charge运杂费Transpotation保险费Insurance premium展览费Exhibition fees广告费Advertising fees管理费用Adminisstrative expenses职工工资Staff Salaries修理费Repair charge低值易耗摊销Article of consumption办公费Office allowance差旅费Travelling expense工会经费Labour union expenditure研究与开发费Research anddevelopment expense福利费Employee benefits/welfare职工教育经费Personnel education待业保险费Unemployment insurance劳动保险费Labour insurance医疗保险费Medical insurance会议费Coferemce聘请中介机构费Intermediary organs咨询费Consult fees诉讼费Legal cost业务招待费Business entertainment技术转让费Technology transfer fees矿产资源补偿费Mineral resources compensation fees排污费Pollution discharge fees房产税Housing property tax车船使用税Vehicle and vessel usagelicense plate tax(VVULPT)土地使用税Tenure tax印花税Stamp tax财务费用Finance charge利息支出Interest exchange汇兑损失Foreign exchange loss各项手续费Charge for trouble各项专门借款费用Special-borrowing cost营业外支出Nonbusiness expenditure捐赠支出Donation outlay减值准备金Depreciation reserves非常损失Extraordinary loss处理固定资产净损失Net loss on disposal of fixed assets出售无形资产损失Loss on sales of intangible assets固定资产盘亏Fixed assets inventory loss债务重组损失Loss on arrangement 罚款支出Amercement outlay所得税Income tax以前年度损益调整Prior year income adjustment课文单词acceptance 承兑Account 帐,帐户Account form 账户式accountant 会计员Accounting equation 会计等式Accounting system会计系统,会计制度Accounting period 会计分期Accounting process 会计程序accounting 会计accounts payable 应付账款accounts receivable 应收账款accrual 应计accrual basis 权责发生制accrued asset 应计负债accrued liability 应计负债accumulated profits 累积利益additional paid-in capital 股本溢价adjusting entry 调整记录adjustment 调整adjusted trial balance调整后的试算平衡表adjunct account 附属账户administration expense 管理费用administrative overhead 管理间接费用advances 预付advertising expense 广告费agency 代理agent 代理人agreement 契约aging receivable 应收账款账龄分析allotments 分配数allowance 津贴allowance for doubtful accounts坏账准备amalgamation 合并American Accounting Association美国会计协会American Institute of CPAs美国注册会计师协会amortization 摊销amortized cost 摊余成本annuities 年金annual report 年度报告applied cost 已分配成本applied expense 已分配费用applied manufacturing expense己分配制造费用apportioned charge 摊派费用appreciation 涨价article of association 公司章程Articulation 勾稽关系Arm’s length transaction 公平交易assessment 课税Assets 资产Associating cause and effect 因果关系At par 平价attorney fee 律师费Audit 审计auditor 审计员availavle-for-sale-security可供出售证券availavle-for-sale investments可供出售投资average cost 平均成本法average 平均数bad debt 坏账balance between benefit and cost权衡成本效益Balance sheet 资产负债表balance 余额bank account 银行账户bank balance 银行结存bank charge 银行手续费bank deposit 银行存款bank discount 银行贴现bank draft 银行汇票bank loan 银行借款bank overdraft 银行透支bank statement 银行对账单bankers acceptance 银行承兑bankruptcy 破产bearer 持票人beneficiary 受益人bequest 遗产bill of exchange 汇票bill of lading 提单bill 票据bills discounted 贴现票据bills payable 应付票据bills receivable 应收票据board of directors 董事会bonds 债券bonus 红利奖金book value 账面价值bookkeeper 簿记员bookkeeping 簿记borrowing 借款branch office general ledger支店往来账户broker 经纪人brought down 接前brought forward 接上页budget 预算Business entity 企业个体by-product sales 副产品销售by-product 副产品callability 可赎回（优先股）callable bonds 可提前赎回债券capital 股本capital income 资本收益capital outlay 资本支出capital stock certificate 股票Capital stock 股本Capitalize 资本化Carrying amount 账面价值carried down 移后carried forward 移下页cash account 现金账户cash and cash equivalent现金及现金等价物cash basis 现金收付制cash book 现金账cash discount 现金折让cash dividend 现金股利cash equivalents 现金等价物cash flow assumption 成本流转假设Cash flow prospects 现金流量预测Cash flow statement 现金流量表cash in bank 存银行现金cash on delivery 交货收款cash on hand 库存现金cash payment 现金支付cash purchase 现购cash sale 现沽cash short and over 现金尾差cash 现金cashier 出纳员cashiers check 本票Certificate in Internal Auditing内部审计证书Certificate in Management Accounting 管理会计证书certificate of deposit 存款单折certificate of indebtedness 借据Certificate Public Accountant注册会计师certified check 保付支票certified public accountant 会计师charge for remittances 汇水手续费charges 费用charter 营业执照chartered accountant 会计师chattles 动产check 支票checkbook stub 支票存根closed account 己结清账户closing 结算closing entry 结账纪录结账分录closing stock 期末存货closing the book 结账columnar journal 多栏日记账combination 联合commission 佣金commodity 商品common stock common shares ordinary shares普通股company 公司comparability 可比性completeness 完整性compensation 赔偿compound interest 复利compound instrument 混合工具comprehensive income 综合收益consideration 对价consignee 承销人consignment 寄销consignor 寄销人consolidated balance sheet合并资产负债表consolidated profit and loss account合并损益表consolidated financial statements合并财务报表consolidation 合并construction cost 营建成本construction revenue 营建收入confimatory role 确认作用contra account 抵减账户contract 合同control account 统制账户convertibility 可转换（优先股）copyright 版权Corporation 公司cost 成本Cost accounting 成本会计External users 外部使用者Cost flow assumption 成本流假设cost of labour 劳工成本cost of manufacture 制造成本cost of production 生产成本cost method 成本法cost of sales 销货成本cost price 成本价格Cost principle 成本原则Count 盘点盘存credit note 收款通知单credit 贷方Creditor 债权人creditor 债权人crossed check 横线支票cumulative 累积（优先股）current account 往来活期账户current asset 流动资产current cost 现行成本current liability 流动负债current profit and loss 本期损益current item 流动负债capital reserve 资本公积dealer 经销商declaration date 股利宣告日debit 借方debt 债务debtor 债务人deed 契据deferral 递延deferred assets 递延资产deferred expense 待摊费用deferred liabilities 递延负债deferred revenue 递延收入Deflation 通货紧缩delivery expense 送货费delivery order 出货单delivery 交货demand draft 即期汇票demand deposit 活期存款demand note 即期票据demurrage charge 延期费department store 百货商场deposit slip 存款单deposit in transit 在途物资deposit to guarantee contractperformance合同履行保证金deposit 存款depreciation amount 应计折旧额depreciation 折旧derecognize 终止确认direct cost 直接成本direct labour 直接人工direct material 直接材料direct method 直接法director 董事Disclosure 批露discount on purchase 进货折扣discount on sale 销货折扣discount rate 折现率discount 折扣discontinued operation 终止营业dishonoured check 退票dissolution 解散distribution cost 销售费用dividend payable 应付股利dividends receivable 应收股利dividend 股利documentary bill 押汇汇票documents 单据double entry bookkeeping 复式簿记draft 汇票drawee 付款人drawer 出票人drawing 提款duplicate 副本duties and taxes 税捐earnings 业务收益economic entity 经济实体effective interest rate method实际利率法endorser 背书人enterprise 企业entertainment 交际费entry 分录equipment 设备equity 权益equity method 权益法equity investment 权益投资estate 财产estimated cost 估计成本estimated residual value 预计残值estimates 概算exchange loss 兑换损失exchange 兑换expenditure 经费Expenses 费用extension 延期face value 票面价值factor 代理商fair value 公允价值fair market value 公允市价faithful representation 如实反映Financial Accounting Standards Board 财务会计准则委员会Financial accounting 财务会计Financial asset 金融资产Financial activities 筹资活动Financial cost 财务费用Financial forecast 财务预测Financial instrument 金融工具Financial statement 财务报表Financial position 财务状况financial year 财政年度financing activities 筹资活动finished goods 产成品finished parts 制成零件first-in，first-out 先进先出法fixed asset 固定资产fixed cost 固定成本fixed deposit 定期存款fixed expense 固定费用fixed production overhead固定制造费用fixed or float interest rate固定或浮动利率foreman 工头forecast 预测foreign currency translation adjustment外币折算差额franchise 专营权framework for the preparation andpresentation of financial statements编报财务报表的框架freight 运费funds 资金furniture and fixture 家俬及器具gain 利益general expense 总务费用general ledger 总分类账General accepted accounting principles公认会计原则Generally purpose financial statements通用目的财务报表General-purpose information通用目的信息Going-concern assumption持续经营假设Going concern 持续经营goods in transit 在运货物goods 货物goodwill 商誉goods&service tax 货物和劳务税Government Accounting Office政府会计办公室government bonds 政府债券gross amount 总额gross profit 毛利gross price method 总价法guarantee 保证guarantor 保证人historical cost 历史成本held on freehole 拥有所有权held on leasehold 拥有使用权held-to-maturity investments持有至到期投资idle time 停工时间identifiable 可辨认impairment 减值import duty 进口税immediate recognition 立即确认income 收入income from joint venture 合营收益income from sale of assets出售资产收入Income statement 损益表利润表Income summary account本年利润账户income tax 所得税indirect cost 间接成本indirect expense 间接费用indirect labour 间接人工indirect taxation 间接课税indirect method 间接法indorsement 背书Inflation 通货膨涨installment 分期付款installment sales 分期收款销售Institute of Internal Auditors内部审计师协会Institute of Management Accountants管理会计师协会insurance 保险intangible asset 无形资产Integrity 整合性inter office account 内部往来interest-bearing 带息interest rate 利率interest received 利息收入interest 利息Internal auditing 内部审计Internal control structure内部控制结构Internal generated 自创Internal Revenue Service 国内收入署International accounting standard board(IASB)国际会计准则理事会Internal users 内部使用者intrinsic value 内在价值inventory 存货Investing activities 投资活动investment income 投资收益investment property 投资性房地产investment 投资investee 被投资方invoice 发票item 项目job cost 工程成本job 工作joint venture 短期合伙journal 日记账knowledgeable,willing parties熟悉情况自愿的双方labour cost 人工成本labour 人工land 土地last-in，first-out 后进先出法lease 租约leasehold 租约ledger 分类账legal expense 律师费letter of credit 信用状leverage 杠杆Liabilities 负债liability 负债lien 留置权limited company 有限公司limited liability 有限负债limited partnership 有限合伙liquidation 清盘loan 借款long term liability 长期负债loss on exchange 兑换损失loss 损失lower of cost and net realizable value 成本与可变现净值孰低法machinery equipment 机器设备Management accounting 管理会计manufacturing cost 制造成本manufacturing expense 制造费用market price 市价matching 配比maturity date 到期日material requisition 领料单materials 原村料materiality 重要性medical fee 医药费merchandise 商品miscellaneous expense 杂项费用monetary unit of measurement货币计量mortgage 抵押mortgage bonds 抵押债券mortgagee 承押人mortgagor 抵押人movable property 动产moving or cumulative weighted average移动加权平均multiple-step form 多步式Negative cash flow 负现金流量net amount 净额net asset 资产净额net income 净收入net loss 净亏损net profit 纯利net price method 净价法net realizable value 可变现净值net value 净值neutrality 中立性not for profits 非盈利组织notes 票据notes payable 应付票据notes receivable 应收票据non-monetary assets 非货币性资产non-current asset 非流动资产nominal value 名义价值opening stock 期初存货Operating activities 经营活动Operating cycle 营业周期operating expense 营业费用order 订单ordinary operating activities日常经营活动ordinary shares 普通股organization expense 开办费original document 原始单据outlay 支出output 产量overdraft 透支overtime premium 加班津贴Owner's equity 所有者权益Par value 面值Par value method 面值法Partnership 合伙企业Parent company 母公司Participation 参加（优先股）Past due 过期Payment date 股利支付日Payroll tax 工资薪金税Permanent account 永久性账户Periodic system 定期盘存制Perpetual system 永续盘存制Petty cash fund 备用金Performance 业绩经营成果Physical substance 实物形态Post-closing trial balance结账后试算平衡表Positive cash flow 正现金流量Predictive role 预测作用Preferred shares preferred stock优先股Present value 现值Prepaid expense 预付费用Premium 溢价Prospectus 招股说明书Property plant and equipment固定资产Provision 准备Prudence 谨慎Prudence concept 谨慎性原则quotation 报价quoted market price 市场报价rate 比率raw material 原料realizable value 可变现价值rebate 回扣record date 股权登记日recoverable amount 可收回金额receipt 收据receivable 应收款项recoup 补偿redemption 偿还redeemable preference shares可续回优先股reducing balance method余额递减折旧法refund 退款reliability 可靠性remittance 汇款rent 租金repair 修理费report form 报告式research and development cost研究和开发支出reserve 准备residual value 剩余价值retailer 零售商retail method 零售价格法Retained earning 留存利润Return of investment投资回报,投资报酬returns 退货revaluation surplus 重估增值revaluation 重估Revenue 收入Reverse 转回salary 薪金sale discount 销货折扣sales returns 销货退回sales 销货sales returns and allowances销售退回与折让sales tax 销售税salvage value 残值sample fee 样品scrap value 残余价值scrap 废料Securities and Exchange Commission 证券交易委员会securities 证券securities law 证券法security 抵押品segment 分部selling commission 销货佣金selling cost 销售费用selling expense 销货费用selling price 售价share capital 股份share certificate 股票shares outstanding 流通在外的股份stockholders （shareholder ）股东short term loan 短期借款short term investment 短期投资shipping cost 运费significant influence 重大影响single-step forn 单步式Sole proprietorship 独资,独资企业Solvency 清偿能力Social security and unemploymentinsurance tax社会保障和失业保险金spare parts 配件specific identification 个别认定法Stable-dollar assumption稳定货币假设standard cost 标准成本Statement of cash flow 现金流量表Statement of financial position财务状况表Stewardship of management管理当局的受托责任stock sheet 存货表stock 存货stock dividend 股利期权stock dividends distributable应付股票股利stock option 股票期权stock split 股票分割Stockholders' equity 股东权益Stockholders 股东Straight-line method 直线法stocktake 盘点subsidies 补助金substance over form 实质重于形式subsidiary company 子公司subsidiary record 明细记录sum-of-the-year digits method年数总和法sundry expense 杂项费用supporting document 附表supplies 物料surplus 盈余surplus cash 现金盈余suspense account 暂记账户systematic and rational allocation系统合理分摊Tax accounting 税务会计tax 税捐tax authorities 税务机关tax deduction 税前抵扣taxes payable 应交税金taxable profit 可征税利润temporary account 暂时性账户temporary payment 暂付款temporary receipt 暂收款time deposit 定期存款timeliness 及时性total cost 总成本total 合计trade creditor 进货客户trade discount 销售折扣trade debtor 销货客户trade receivable 应收账款trademark 商标transaction 交易transfer voucher 转账传票transfer 转账transportation 运输费travelling 差旅费treasury bill 一年以内的短期国债treasury note 五年以内的中期国债treasury stock 库存股trial balance 试算平衡表trust 信托turnover 营业额T-account t型账户unappropriated surplus 未分配盈余understandability 可理解性unearned revenue 预收收入unit cost 单位成本unlimited company 无限公司unlimited liability 无限责任unpaid dividend 未付股利valuation 估价valuation adjustments 计价调整value 价值value-added tax 增值税variable production overhead可变制造费用vendor 卖主voucher 传票volume rebate 数量折扣wage allocation sheet 工资分配表wage rate 工资率wage payable 应付工资wage 工资warehouse receipt 仓库收据warrant 认股权warranty 产品质保warranty cost 产品质量保证费用wear and tear 秏损welfare expense 褔利费Window dressing 门面粉饰work order 工作通知单work in progress 在产品written off 注销written down 减记year end 年结yield 收益率zero-coupon bonds 零息债券我国会计准则1. Inventories2.Long-term Equity Investments3. Investment Property4. Fixed Assets5. Biological Assets6. Intangible Assets7. Exchange of Non-monetary Assets8. Impairment of Assets9. Employee Compensation10. Enterprise Annuity Fund11. Share-based Payment12. Debt Restructurings13. Contingencies14. Revenue15. Construction Contracts16. Government Grants17. Borrowing Costs18. Income Taxes19. Foreign Currency Translation20. Business Combinations21. Leases22. Recognition and Measurement of Financial Instruments23. Transfer of Financial Assets24. Hedging25. Direct Insurance Contracts26. Re-insurance Contracts27. Extraction of Petroleum and Natural Gas28.Changes in Accounting Policies and Estimates, and Correction of Errors29. Events after the Balance Sheet Date30.Presentation of FinancialStatements31. Cash Flow Statements32. Interim Financial Reporting33. Consolidated FinancialStatements34. Earnings per Share35. Segment Reporting36. Related Party Disclosures37. Presentation of FinancialInstruments38. First Time Adoption ofAccounting Standards for BusinessEnterprisesMeasurement of Current Assets①Cash and receivables—netrealizable value②Investments in debt and equitysecurities—in most cases, currentmarket value③Inventories—cost (FIFO,LIFO,etc.)or lower-of-cost-or-market④Prepaid expenses—historical costElements of the Income StatementIn FASB Statement of Concepts No. 6,the FASB defined the elements or"building blocks" of the incomestatement:✓Revenues✓Expenses✓Gains✓LossesRevenues are inflows of assets of acompany or settlement of its liabilitiesduring a period from delivering orproducing goods, rendering services,or other activities that are thecompany’s ongoing major or centraloperations.Expenses are outflows of assets of acompany or incurrence of liabilitiesduring a period from delivering orproducing goods, rendering services,or carrying out other activities thatare the company’s ongoing major orcentral operations.Gains are increases in a company’sequity (net assets) from peripheral orincidental transactions of thecompany and from all other eventsand circumstances affecting thecompany during a period except thosethat result from revenues orinvestments by ownersLosses are decreases in a company’sequity (net assets) from peripheral orincidental transactions of thecompany and from all other eventsand circumstances affecting thecompany during a period except thosethat result from expenses ordistributions to owners.Beginning inventory+ Net purchases+ Freight-in+ Other inventory acquisitioncosts= Cost of goods available for sale–Ending inventory=Cost of goods soldRevenue versus Gains1Revenue 收入: arises in the courseof the ordinary operating activities of an entity.2Gains利得: arise from transactions that are incidental to the entity’s main revenue-generating activities. Gains represent increases in economic benefits and as such are not really different in nature from revenue. IASB does not treat them as separate financial statement element.Fair value measurement of revenue EX: Han’s is a car dealer introducing a special offer deal for a new model. The offer is either a cash payment in full of $40 000 or a extended credit term of one year of $42 000. Accounts receivable 42 000 Sales 40 000 Unearned interest revenue 2 000 To record the credit sale.Cash 42 000 Accounts receivable 42 000 To record the payment for accounts receivable.Unearned interest revenue 2 000 Interest revenue 2 000 To record the interest earned.Trade discounts and cash discounts Example: On June 3, Ben Corp. sold to Chester Inc., merchandise having a sale price of $5,000 with terms of 2/10,n/60. On June 12, Ben received a check for the balance due from Chester.Sales returns and allowancesOn May 10, Lex Company sells Max shop 20 specially monogrammed shirts, which costing $25 each, at $40. Accounts Receivable 800Sales 800 Cost of Goods Sold 500Inventory 500To record sale on account.On May 13, Max returns 2 shirts to Lex because of blots.Sales Returns and Allowances 80 AccountsReceivable 80 Inventory 50Cost of Goods Sold 50To record return of shirt of credit. Sales returns and allowances- continuedOn May 14, Max asks for a price reduction of $60 on the remaining shirts because the logo was slightly smaller than ordered; Lex agrees to the price reduction.Sales Returns and Allowances 60 Accounts Receivable 60 To record an allowance given for a monogramming error.On May 25, Max remits the amount owned. Journal entries of Lex Company are as follows:Cash 660 Accounts Receivable 660 To record payment on account receivable.。