Accounting Questions Simple, Accounting Questions Easy .

1. Remember that the asset debit is the increasing party; Profit and loss and liability debits are the reducing side.

2. Most of the business of the unit is related to the bank and cash, and the cash and the bank's debit side is the increase party, which is consistent with our daily common sense, so the business involving these two subjects is first determined whether the cash or the bank is increasing or decreasing, that is, on the debit or credit side, then the other party account is in the opposite direction, because "there must be a loan, and the loan must be equal".

3. The above two methods can solve the preparation of most of the accounting vouchers, practice makes perfect after a few times, you will use it freely, if there is a more special business, it really won't, come here to ask questions about specific problems.

Item d. The current $4,000 is fully debited to the Office Supplies Inventory

At the end of the accounting period, there was only a balance of $1,600 in office supplies.

2400 was consumed.

d. debit office supplies expense, $2,400; credit office supplies inventory, $2,400.

d inventory was consumed 2400 US dollars, so on the credit side.

The amount of depreciation is different depending on the depreciation method of fixed assets. The depreciation accrued in the early stage of the accelerated depreciation method is about more than that of the straight-line method, so the cost in the early stage is more and the profit is lower. In the later stage, the larger the depreciation amount in the current period, the higher the cost, the lower the profit, and the lower the final profit available for distribution, and vice versa.

In the long run, well, different depreciation methods don't have much impact on profits and assets.

Impact on income statement:

Because the depreciation method of fixed assets is different, the amount of depreciation accrued in the current period is different, that is, the amount included in administrative expenses and other expenses is different, so it may affect the net profit in the income statement. The shorter the depreciation period of fixed assets, the faster the value of fixed assets is allocated to the cost, thereby reducing the recent taxable income and making the enterprise pay less income tax;

Impact on the Balance Sheet:

1.It will affect the total amount of assets because the depreciation method is different, the amount of depreciation accrued will be different, and the accumulated depreciation account will be different as a deduction account for fixed assets. The total assets are summarized as the net fixed assets.

2.The accumulated depreciation is different, and the net value of fixed assets is definitely different, so that the assets of the enterprise are affected.

Due to the different methods of depreciation, the amount of depreciation is also different, because the amount of depreciation is included in the cost of production, or included in the expense, because it is included in the cost of production, the depreciation is high, the cost of the product is high, the cost of selling the product is high, the profit will be reduced, and the depreciation amount is low, the profit will increase.

The essence of the depreciation of fixed assets is to allocate the entire value of fixed assets to each period in the form of expenses over a reasonable period of life, so as to reasonably match the benefits generated by the assets. There are two main types of depreciation methods: average and rapid depreciation. The averaging method is to divide the value of assets evenly over the course of life.

The impact on the asset is to decrease by the same value every year. Because the value of the corresponding entry fee is also average, the profit is reduced by the same amount every year.

The rapid depreciation method is to amortize the expenses more during the first life and then decrease year by year, so the profit value decreases more at first and then increases year by year.

Either way, however, the total amount of profit lost over the depreciation period is the same.

Hello, analysis, since the original holding of ** is 1 million shares, now **100,000 shares, and the actual ** of the original holdings of 1 10, so it is necessary to confirm and carry forward the balance of each sub-item under the long-term equity investment account in the form of ** 10, so there will be:

So, that's how the numbers you're asking are calculated.

If you still have questions, you can continue to ask me questions using "hi!!

To be honest, there are so many questions and there is no reward for the average person who wants to do them, such as when I am free.

1. Manufacturing expenses belong to the cost and expense categories, and the calculation costs you said depend on what you do. Generally refers to the period fee.

2. The financial leasing equipment does not belong to the assets of the enterprise, but the operating leasing belongs.

3. The goods have not been recorded when they arrive.

4. The capital premium is generated by the invested capital.

1. Manufacturing expenses belong to the cost category, generally only industrial enterprises have this subject, and this cost is not included when calculating the three expenses.

2. As long as the other party is not invoiced, the equipment leased by financing is still temporarily the assets of the enterprise.

3. After receiving the invoice and the goods have not arrived, it is regarded as an enterprise asset, and the assets or materials in transit are purchased.

4. The capital premium is included in the capital reserve, which belongs to the capital category.

A normal business cycle may exceed 12 months. It's been 12 months in my country!

Problem 1: Manufacturing costs and management expenses may be the same in terms of the use of funds, but the nature of cost collection is different, for example, labor protection supplies, used in the production workshop of the workers, then its purpose is to meet the needs of the product, it should be included in the manufacturing costs; It is used in office, finance, logistics and other employees, and its purpose is to meet the needs of enterprise operation and management, so it should be included in the management expenses.

Question 2: One of the basic tasks of accounting is to account for operating results (such as profits), and the profit account for the current year is used to account for the profits of enterprises in the accounting period, and the closing of accounts is to carry out the accounting for the next period separately.

Question 3: The accrual principle is the accounting principle adopted by the current enterprise, if you feel that it is difficult to understand, then you will understand the current business as if you owe someone else's wages, or others owe you wages.

(1) The different expenses incurred are calculated according to the beneficiary object, and the different bearers of the expenses need to be recorded separately. The direct occurrence of the workshop can be distinguished from the expenses incurred by the product and included in the "production cost"; The expenses incurred in a variety of products and cannot be distinguished from which products are included in the "manufacturing expenses" account, and are allocated to various products at the end of the month, that is, transferred to production costs; The so-called management expenses are the expenses incurred by the so-called second-line office, that is, the office (people or equipment that are not involved in production, etc.), which are included in the management expenses; Expenses related to the sale of the product are included in the selling expenses.

In short, manufacturing expenses are the production of products without directly distinguishing which kind of products, and management expenses are the expenses incurred in order to manage production. (2）

The first: the cost of production is the cost that directly occurs to distinguish the product, and the cost is calculated. Manufacturing expenses are expenses that indirectly occur in the workshop, management expenses, general administrative, financial and other management aspects.

The second is that the settlement is for the next period: the profit of the current year is to look at the amount of business payable for the next year for the next year's plan and arrangement. 3. The accrual basis is to include all the business in the current period in the current period.

The cash basis is to include the income and expenses actually incurred in the current period into the current period.

Accounting is like this, be patient.

Hey, this is the same feeling for beginners, it's okay uh, take your time, don't rush.

(2) Borrow: Trading financial assets - fair value change 150 000 Credit: fair value change gain or loss 150 000

4) Borrow: Fair value change gain or loss 50 000

Credit: Trading Financial Assets - Fair Value Change 50 000 These two entries are offset by the loan, and the debit balance of the trading financial assets - fair value change is 100 000, which needs to be carried forward when you sell, so the question you asked arises.

1. Property usually refers to property and materials. It is the physical asset of the actual existence of the enterprise.

Accounts receivable and prepaid accounts are the settlement funds generated by the business activities of the enterprise, not the real physical assets.

2. The connotation of assets is larger, including property and settlement assets.

3. The difference between the accrual basis and the cash basis is that the time of receipt of monetary funds is inconsistent.

The accrual basis does not recognize income and expenses in terms of the receipt of monetary funds, whereas the cash basis is.

For specific differences, please refer to the book on Accounting Basics, which will be described in detail.