Accounting Fundamentals True False Questions, Accounting Fundamentals Questions True False

Accounting is a kind of economic management work that uses currency as the main unit of measurement to reflect and supervise the economic activities of a unit. Accounting reconciliation includes current reconciliation, reconciliation of accounts and facts, etc., and accounts are physical supervision.

2.The money that the investor invests in the company, this business needs to be accounted for. As for the investor's own economic activity, it is not included in the scope of accounting.

I'm coming to you: 1 wrong.

2 pairs. 3 pairs.

1. The reason for the error: the balance on the debit side is not necessarily an asset account. For example, the pre-receivables account is a liability account, and the balance will also be on the debit side;

Another example: the profit account of the current year, generally there is a balance before the carryover, and the balance may also be on the debit side, but it is not an asset account.

In addition, cost and expense accounts also have debit balances before carryover.

2 questions have "generally" and 3 questions have "mostly". unanimity" as a precondition, so it is right.

1. Management expenses are indeed a kind of period expenses, and the definition of period expenses is the expenses incurred by the enterprise that cannot be included in the production cost of products and are directly included in the current profit and loss.

2. The identity means that there will be increases and decreases in the left and right quantities of the equation, but the balance relationship remains unchanged.

1. Because which party of the account registers the increase and which party registers the decrease, depends on the nature of the account and is determined by the economic content reflected in the account, it is not fixed.

1.Capital includes: paid-up capital, capital reserve, surplus reserve and undistributed profits;

Paid-in capital and capital reserve are the capital invested by investors and the difference between capital and capital, so they must belong to capital;

Among the surplus reserve and undistributed profits, the surplus reserve is legally allowed to be converted into capital, and the undistributed profits can also be converted into capital if necessary, so the capital also contains these two parts.

Therefore, the capital mentioned in the test question includes two parts: paid-in capital and capital reserve, and the answer should be judged to be wrong.

2 Answer B3 False.

The correct answer should be: property is the abbreviation of the unit's property and materials, which reflects the economic resources in which a unit carries out or maintains business and management activities, and which reflects the economic resources in physical form that reflect the operation and management activities carried out or maintained by a unit.

4 Errors. The correct answer should be: economic business matters include two categories: economic business and economic business. Economic business, also known as economic transactions, refers to the exchange of various economic interests between units and other units or individuals, such as product sales; Economic events refer to various events that occur within the unit and have an economic impact, such as depreciation.

5 The basic structure of the accounts is determined by the quantitative changes in the accounting elements. The quantitative changes in accounting elements are caused by economic transactions, and the changes in various accounting elements caused by the occurrence of economic operations are only two situations in terms of quantity: increase and decrease.

Property generally includes raw materials. Fuel. Packaging. Low-value consumables. in the product. Commodities and other liquid assets and houses. Building. Machine. Equipment. Facility. Transportation and other fixed assets!

Property is property, materials, and assets of the unit.

Property is an economic resource in both physical and non-physical forms that reflects the operation and management activities carried out or maintained by a unit.

No, it's in a different direction.

Debit bookkeeping.

Bookkeeping rules. It can be summarized as: there must be a loan, and the loan must be equal.

First, any stroke.

Economic business. must be recorded in two or more accounts at the same time;

Second, the recorded accounts can be of the same type or different types, but they must be in two accounting directions.

Neither can they all be credited.

Debit, nor can it all be credited;

Third, the amount debited must be equal to the amount credited.

The debit bookkeeping method is.

Double-entry accounting.

one. It is a scientific double-entry accounting method that takes "debit" and "credit" as the accounting symbols, takes the accounting equation of "assets and liabilities + owners' equity" as the theoretical basis, and takes "there must be credit, and the loan must be equal" as the accounting rules.

Exactly!

Hope it helps!

That's right. Note that:1Just note the missing amount.

2.All of them are to be written in blue.

3.In the "Summary" column, indicate "supplement the understated amount of a certain number of vouchers on a certain day of a certain month", and transfer this voucher into the corresponding account book, and indicate "supplement the underrecorded amount on a certain day of a certain month" in the "Summary" column of the account book

That's right. (According to the understated amount, prepare an accounting voucher with the same account as the original accounting voucher that should be debited and credited in blue to supplement the understated amount and record the account accordingly.) ）

29 False. An increase in owner's equity can also manifest itself in a decrease in liabilities. The debt-to-equity swap is a typical example.

32 pairs. Double-entry bookkeeping is actually double-entry bookkeeping of accounts. Where there is borrowing, there must be a loan, and borrowing must be equal. This means that if there is a debit account, there must be a credit account, and the debit account must be equal.

48 False. Some businesses can be transformed from one asset to another without necessarily increasing equity. For example, cash withdrawal is from bank deposits to cash, and for example, the construction of fixed assets is from bank deposits to fixed assets.

This kind of business, there will be no increase in equity.

29 False. In the case of a debt-to-equity swap, for the enterprise, the debt is reduced and the owner's equity increases. Liabilities are converted into owner's equity.

32 pairs. Double-entry bookkeeping refers to the method of registering each economic transaction in two or more accounts that are related to each other at the same time in an equal amount. By definition, the establishment of double-entry bookkeeping is based on the setting and use of ledger accounts.

48. Right. Assets = Equity.

It indicates how many assets an enterprise has, and how many rights and interests must be equal to it.

Equity includes creditor equity and owner equity.

Therefore: assets = liabilities + owners' equity.

At the same time, the balance sheet is also set according to the "assets and liabilities + owners' equity", which reflects the "ins and outs" of all the assets of the enterprise, the left "assets" of the table is to reflect the "ins and outs", and the "liabilities and owners' equity" on the right is to reflect the "ins and outs", and the ins and outs must be balanced.

There are no more than four forms of variation in the accounting equation:

1. The occurrence of economic business causes the relevant items of the left and right sides of the accounting equation to increase at the same time, and the increase amount of both parties is equal.

2. The occurrence of economic business causes the relevant items of the left and right sides of the accounting equation to decrease at the same time, and the reduction amount of both parties is equal.

3. The occurrence of economic business causes the relevant items on the left side of the accounting equation to increase and decrease, and the amount of increase or decrease is equal.

4. The occurrence of economic business causes the relevant items of the equity party on the right side of the accounting equation to increase and decrease, and the increase or decrease amount is equal.

In four cases, the identity of the accounting equation does not change.

29."There is an error in the word "inevitably". Assets = Liabilities + Owners' Equity, when an economic business causes both an increase in owner's equity and a decrease in liabilities, the asset account will not change. For example, debt-to-equity swaps.

32.Double-entry bookkeeping refers to the method of recording each economic transaction in one or more accounts. Whereas, accounts are set up according to the accounting account.

48 This question is correct. Equity = Liabilities + Owner's Equity.

Assets = Liabilities + Owners' Equity, therefore, an increase in Owners' Equity may also be manifested as a decrease in Liabilities.

Double-entry bookkeeping must be borrowed and credited, and loans must be equal.

This can only be achieved by relying on accounting accounts.

Assets = Liabilities + Owners' Equity.

29。If you look at the accounting identity, is it necessary to increase the assets when the owner's equity increases?

32.Where there is borrowing, there must be a loan.

48.It's the same as 29, and the question is different.

1. True 2. False This is the function of the basic account 3. False The accounting object refers to the content to be accounted for and supervised by the accounting work; Specifically, the accounting object refers to the capital movement shown by enterprises and institutions in their daily business activities or business activities, that is, the capital movement constitutes the content of accounting and accounting supervision. The statement in the title is not comprehensive.

4. False The main body of accounting is a for-profit enterprise I have not heard of the statement on the title 5. Wrong is not a "representation" 6. True 7. False Accounts receivable are creditor's rights, and accounts receivable in advance are debts 8. Wrong Unequal 9. Wrong 10. Wrong A comprehensive inventory is irregular, and a partial inventory is regular.

1. True 2 False 3 False 4 True 5 False, is the financial situation not the operating situation 6 Wrong, the sub-ledger is also an account book, which is registered according to the audit of the correct accounting voucher 7 False Accounts receivable is a creditor's right, and the advance receivable is a debt 8, wrong is not destroyed 9, wrong is a short-term loan 10, wrong.

1.Right. Assets for expenses and income incurred are debited to the account, and income and equity are credited to the account.

2.Right. Write an accounting entry for a transaction and write several vouchers for a business3Wrong. Borrowing is merely a symbol, merely an indication of the direction of bookkeeping, and does not have any meaning in itself.

4.Wrong. The accumulated depreciation account is a contra account for fixed assets, not an asset class account.

5.Wrong. The trial balance should be the trial balance method of the current amount incurred and the trial balance method of the closing balance.

The trial balance method means that the debit amount of the current period is equal to the amount of credit of the current period.

1.To 2.Right.

3.False 4Wrong.

5.The reason for the mistake is to check the book yourself.

1. Correct.

2. Wrong, no depreciation will be made.

3. Correct, production cost belongs to the cost account, which belongs to both the expense element and the asset element, and is an accounting account with a dual nature.

4. Correct. 5. Error.

1.Wrong. An increase in one asset does not necessarily lead to an increase in another interest; An increase in one asset can also cause a decrease in another, and the balance relationship does not change.

2.Wrong. The income tax payable for the current period may not be equal to the total profit multiplied by the applicable tax rate, as there are other income tax expenses that will affect the tax amount.

3.Wrong. Land use rights are intangible assets.

4.Right. There is nothing wrong with such a statement.

5.Wrong. "The capital mentioned in accounting includes two parts: paid-in capital and capital reserve"I can only talk about one of the reasons: part of the capital reserve belongs to capital, which is the so-called capital premium and equity premium.

There is another part of the capital reserve, which does not belong to the capital, but belongs to the gains and losses that are directly included in the owner's equity.

6.Right. Accounting is right"All economic and business events that occur in the enterprise"Accounting and supervision.

7.Wrong. It must meet the requirements for the quality of accounting information and must match the ratio.

8.Wrong. One of the prerequisites of accounting is monetary measurement.

9.Wrong. The date of receipt and payment voucher shall be filled in according to the date of receipt and payment of currency, and the transfer voucher shall be filled in according to the date of receipt of the original voucher in principle, and can also be filled in according to the date of filling in the accounting voucher.

All Arabic numerals in yuan, except for the unit price, shall be filled in to the corner and cent; If there is no angle, the angle and quantile can be written "00" or the symbol "-", and if there is an angle without a minute, the quantile should be written "0", and the symbol "-" should not be used instead.

1.Profit is a non-recurring item, that is, it does not necessarily occur in each period, and the enterprise does not have to pay much for it, nor is it generated by the enterprise due to business activities, and does not pay the resource ratio with the enterprise, so it cannot be included in the operating income (main business income, other business income), so it is included in the non-operating income, which is also part of the income statement.

2.Other business income is also generated by the business activities of the enterprise, but it is not the main business, such as fixed asset leasing, etc., but it also has an impact on the profit of the enterprise, which is profit and loss, and the income obtained is greater than the cost of other businesses, then the profit increases, so it should be included in the income statement.

1.False, the share of the registered capital of the invested enterprise shall be included in the paid-in capital, and the excess part shall be included in the capital reserve.

2.Right. 3.False, manufacturing expenses are not period expenses and should be included in the cost of products.

4.False, possibly on the credit side, indicates that there is a portion of the advance receivables.

5.Yes, it is included in the period fee.

Fill in the accounting vouchers, all Arabic numerals in yuan, except for the unit price, etc., shall be filled in to the angle minutes, there are angles and no points, and the quantiles should be written "0", and the symbol "-" shall not be used instead.