An introduction to the basics of accounting, an introduction to the basics of accounting

Learn economic law first. One. ;It is true that the test points of economic law are relatively fragmented, unlike practice, just those big test points.

The direction of the economic law exam has shifted to the assessment of tax law, and if you have studied tax law before, then you will have a lot easier to review. However, if you do not have a general understanding of tax law, it is recommended that you carefully study the primary textbook from beginning to end twice, and then review it purposefully and emphatically according to the key points of the exam summarized in the supporting review materials, which will be much more efficient. Second, the primary accounting practice is the foundation, if you want to continue to take the exam, you should remember to find the rules, such as the acquisition of an asset, the relevant expenses should be included in the cost of the purchase of assets, but there are special circumstances, such as trading financial assets, the related expenses are included in the "investment income", why do this, I....

Basic accounting refers to the basis of accounting transactions, which is a standard method of accounting recognition and the standard for the recognition of unit income, expenditure and expenses. The different choices of the accounting basis determine the ratio of income and expenditure in the accounting period, and directly affect the performance and financial results of the unit. The basis of accounting is the method provided in the preparation of financial statements, in particular for the purpose of determining the accounting period to which income and expenses are attributed, determining the amounts of balance sheet items, and applying material concepts appropriate to the transactions and items in question.

The basis of accounting is a measurement standard, which cannot be separated from the accounting system as a whole and play a role, and the application of accrual accounting is only meaningful under the framework of an effective accounting and financial reporting system. Accounting Fundamentals is an important branch of modern accounting, which studies the fundamental issues of accounting and clarifies the basic theories, basic methods and basic skills of accounting. It is the course content of the accounting qualification.

Summary. Hello, Basic Accounting is a public basic course of management discipline, and it is a public course of other related disciplines such as economics. This course mainly teaches students the basic theories, basic methods and basic skills of accounting, so that students can understand the status and role of accounting from the socio-economic and enterprise operation environment, and provide students with the ability to think independently and flexibly apply knowledge.

Hello, this is my question, I would like to ask the twelfth question.

Hello, Basic Accounting is a public basic course of management discipline, and it is a public course of other related disciplines such as economics. This course mainly teaches students the basic theories, basic methods and basic skills of accounting, so that students can understand the status and role of accounting from the socio-economic and enterprise operation environment, and provide students with the ability to think independently and flexibly apply knowledge.

Question 12: Select C

Can you explain why?

Because non-current liabilities refer to debts with a repayment period of one year or more in one business cycle, including long-term borrowings, bonds payable, long-term payables, etc.

Yes pro. Because non-current liabilities refer to debts with a repayment period of one year or more in one business cycle, including long-term borrowings, bonds payable, long-term payables, etc.

Long-term loans refer to loans borrowed from banks or other financial institutions for a period of more than one year (excluding one year) or more than one business cycle of more than one year.

Borrow: Bank deposit.

Credit: main business income.

Borrow: raw materials.

Credit: bank deposit (this is the first half of the sentence) after the prompt, because the prompt said that the raw materials are still on the way, and there is no storage, so, it should be: borrow: materials in transit.

Credit: Raw Materials To sum up, that is: Borrow: Materials in Transit: Bank Deposits.

Borrow: Bank deposit.

Loan: Short-term borrowing (bank borrowing is generally with a term of one year).

Borrow: raw materials.

Credit: Supplies in transit.

Borrow: Profit or loss on pending property - Gain or loss on current assets.

Credit: raw materials.

Borrow: Cost of main business.

Credit: Inventory of goods.

Debit: Advance payments.

Credit: Bank deposits.

Borrow: Business tax and surcharge.

Credit: Bank deposits.

Borrow: Profit for the current year.

Credit: Profit distribution.

Borrow: Profit distribution.

Credit: Dividends payable.

Borrow: Bank deposit.

Credit: main business income.

Borrow: Supplies in transit.

Credit: Bank deposits.

Borrow: Bank deposit.

Credit: Short-term borrowing.

Borrow: raw materials.

Credit: Supplies in transit.

Borrow: Profit or loss on property to be disposed of.

Credit: raw materials.

Borrow: Cost of main business.

Credit: Inventory of goods.

Debit: Other payables.

Credit: Bank deposits.

Borrow: Business tax and surcharge.

Credit: Taxes payable.

Borrow: Profit for the current year.

Credit: Profit distribution.

Borrow: Profit distribution.

Credit: Dividends payable.

1. Borrow: bank deposit 500,000

Credit: main business income 500,000

2. When purchasing materials.

Borrow: 150,000 in transit

Credit: Bank deposit 150000

After the material is put into storage.

4. Borrow: inventory goods.

Credit: Supplies in transit.

3. Borrow: bank deposit 800,000

Credit: Short-term borrowing 800,000

5. Borrow: 1000 raw materials

Credit: Profit or loss on pending property disposal - Profit or loss on current assets to be disposed of 1000

6. Borrow: the cost of main business is 200,000

Credit: 200,000 goods in stock

7. Borrow: prepaid accounts - equipment leasing 60,000

Credit: Bank deposit 60000

8. Business tax and surcharge payable.

Debit: Tax payable --- business tax payable 25000

Tax payable --- urban construction tax payable 1750

Taxes payable --- education fees payable surcharge of 750

Taxes payable --- local education fee surcharge of 500

9. Borrow: 600,000 profit for the year

Credit: Profit distribution 600000

10. Distribution of cash dividends (according to the decision of shareholders).

Debit: Profit distribution – undistributed profit 300,000

Credit: Dividends Payable - Shareholders (Details) 300000

In order to meet the needs of the rapid development of China's market economy system for the diversification of accounting information, the Ministry of Finance issued a system of accounting standards for enterprises that converge with international accounting standards in early 2006, including 1 basic accounting standard, 38 specific accounting standards and 32 accounting standards application guidelines.

In order to update the teaching content of accounting major in a timely manner and improve the quality of professional teaching, the editor organized some teachers with rich teaching experience and a deep understanding of the standard system to rewrite a series of teaching materials for the students of secondary vocational education in finance and economics and five-year higher vocational education in the province.

This textbook is based on the teaching guidance plan for accounting majors in secondary vocational schools formulated by the Ministry of Education, based on the new enterprise accounting standard system promulgated by the Ministry of Finance, with the guiding ideology of "adapting to the requirements of the times, reflecting the characteristics of the profession, focusing on ability training, and streamlining the teaching content", and the basic principle of "integrating with the reform of the fiscal and taxation system, the content of the qualification certificate examination, and the computerization of accounting".

Based on the "Accounting Law", "Regulations on Financial Accounting Reports for Enterprises" and the new accounting standards, this book expounds the basic theories, basic methods and basic operating techniques of enterprise accounting with the company system as the main object, and focuses on the introduction of accounting concepts, accounting cycles, double-entry bookkeeping methods and their applications, accounting vouchers and accounting books, preparation of accounting statements, accounting processing procedures and general organization of accounting work, etc., emphasizing the rational understanding and logical understanding of accounting information. Highlight the overall understanding and systematic grasp of accounting concepts, and take into account the organic combination of basic accounting theories and methods and operations.

In addition to being used as a textbook or teaching reference book for undergraduate accounting majors in colleges and universities, this book can also be used as a reference book for accounting practitioners.

First, the accounting identity: assets = liabilities + owners' equity, secondly, the closing balance of assets = opening balance + current period amount Liabilities = opening balance + current period amount Owners' equity = opening balance + current period amount.

The income of the year is 89000, the income increases, the assets will increase, the owner's equity increases, the expenses affect the owner's equity, the expenses increase the owner's equity decreases, and finally at the beginning of the period: 126000 = 48000 + owner's equity So the owner's equity = 78000

At the end of the period: Owner's equity = 78000 + 89000 - 93000 = 74000 Hope to explain the ...... clearly

At the beginning of the year, the owner's equity was 126000-48000=78000, and at the end of the year, 78000+89000-93000=74000

1. What is the credit and debit accounting method? What are the characteristics of the account structure under the debit bookkeeping method?

Answer: The credit and debit accounting method is a double-entry accounting method that uses the words "debit" and "credit" as accounting symbols to record the increase and decrease of accounting elements caused by economic operations. Under debit accounting, the left side of the account is the "debit side" and the right side of the account is the "credit side".

The structure of the asset class account under the debit accounting method is as follows: the debit side registers the increase in assets, the credit side registers the decrease in assets, and its normal balance is on the debit side; Liabilities and owners' equity accounts are structured as follows: the credit side registers the increase in liabilities and owners' equity, and the debit side registers the decrease in liabilities and owners' equity, and its normal balance is on the credit side; The credit side of the income account registers the increase on the income side, and the debit side registers the decrease in income; The increase in the debit registration fee and the decrease in the credit registration fee for the expense account account.

Income and expense accounts usually have no balance at the end of the period.

1.Debit: Bank deposit 117000

Credit: main business income - product A 100,000 tax payable - VAT payable (output tax) 170002Debit: Accounts receivable - Dongfeng Company 46800

Credit: main business income - product B 40000

Tax Payable - VAT Payable (Output Tax) 6800

3.Borrow: Cost of main business - product A 70000 - product B 28000

Credit: Inventory Commodities - A Product 70000

bProduct 28000

4.Borrow: 2000 selling expenses

Credit: Bank Deposit 2000

5.Debit: 4000 tax due

Credit: Bank deposit 4000

6.Borrow: 800 for administrative fees

Credit: Cash on hand 800

7.Total profit = 100000 + 40000-70000-28000-800-2000 = 39200

Income tax expense = 39200 * 25% = 9800

8.Borrow: main business income - product A 100,000 - product B 40,000

Credit: Profit for the year 140,000

9.Borrow: 100800 profit for the year

Credit: Cost of Main Business - Product A 70000

bProduct 28000

Selling expenses 2000

Administrative fee 800

I am also self-taught, sign up for the exam for the accounting qualification certificate, and there will be "Accounting Basics" and "Financial Regulations and Accounting Professional Ethics", these two books are purchased and read. If you have hope, you can also get an accounting qualification certificate, killing two birds with one stone.

This is very simple, just take a look at basic accounting!