試卷中文班-往年期中試題

往年試題（參考《中山大學(xué)授予學(xué)士 工作細(xì)則》第六條：“考試不授予學(xué)士學(xué)位?！盩ime:2.5Instructions:Thewholetestincludessixquestions.Fullpointsis60.Eachquestionisindependent.Theanswersshouldbewrittenclearlyontheanswersheets.Question1:AccountingMechanics(12RyanHope,controllerofHope,Inc.,providesyouwiththefollowinginformationconcerningHopeduring2006.(Hope,Inc.,beganoperationsonJanuary1,2006)Issued1,000sharesofcommonstockat$95perPaid$2,600permonthtorentofficeandwarehousespace.Therentwaspaidonthelastdayofeaonth.Madetotalsalesforservicesof$190,000:$65,000forcashand$125,000onPurchasedlandforBorrowed$75,000onDecember31.ThenotepayablematuresintwoSalariestotaling$80,000werepaidduringtheOtherexpensestotaling$40,000werepaidduringthe$56,000wasreceivedfromcustomersaspaymentonDeclaredandpaidadividendofPreparejournalentriesfortheseEstablishT-accountsforeachaccount,andpostthejournalentriestothesePrepare eStatement,BalanceSheetandStatementofCashFlowforQuestion2.FinancialRatioysis(10BuchananCompanyhasthefollowingfinancialdataonDecember31,2005andAccountsNetplantandCurrentCommonBuchanan'sestatementCostofgoodsGross Buchanan's2005datafromitsstatementofcashCashflowfrom $Cashflowfrominvesting Usingappropriateratios,commentonthechangeinBuchanan'ssolvencypositionandassesstheprobablecauseofthechangefrom2004to2005.Question3:AccountsReceivableandtheAllowanceMethod(10TransactionsofABCcompanyintwoperiodsareasfollows.Pleasepreparethecorrespondingaccountingentries.TransactionsintheCreditsalesareThefirmcollectscashof$937,000fromcustomersinpaymentsoftheirAtoftheperiod,thefirmestimatesthatuncollectibleswillbe2percentofsales;Thefirmwritesoffspecificaccountstotaling$7,000asTransactionsintheSecondCreditsalesareThefirmwritesoffspecificaccountstotaling$22,000duringtheperiodasinformationontheir esknown.Thedebitbalanceof$9,000willremainintheAllowanceaccountuntilthefirmmakesanentryatofperiod;see(8).Thefirmcollectscashof$1,100,000fromcustomersinpaymentoftheirAnagingoftheaccountsreceivableshowsthattheamountintheAllowanceaccountshould$16,000.Theamountoftheadjustmentis$25,000.Itisthedifferencethedesired$16,000creditbalanceandthecurrent$9,000debitbalanceintheAllowanceaccount.Questin4:Inventory(10Thefollowingexhibitpresentsdataonbeginnnginventory,purchase,sellandendinginventoryforJuneandJuly.UnitTotalITEM———Purchase,JunePurchase,JunePurchase,JuneTotalGoodsavailableforSellduringEndingInventory(June30)andBeginningInventory(JulyPurchase,JulyPurchase,JulyPurchase,JulyTotalGoodsAvailableforSellduringEndingInventory(JulyComputetheCOGSand inginventoryforJuneusing(1)FIFO,(2)LIFO,and(3)Weighted-averagecostflowassumptions.ComputetheCOGSandinginventoryforJulyusing(1)FIFO,(2)LIFO,and(3)Weighted-averagecostflowassumptions.Question5.LIFOReserve(10ThefollowingquestionsarebasedonRite-Aidsfinancialstatementsforfiscal2003-Rite-Aid’sfiscalyearendsroughlyonFebruaryRITEAIDCORPORATIONANDSUBSIDIARIESCONSOLIDATEDBALANCESHEETS(Inthousands,exceptpershareFebruaryFebruaryCurrentCashandcash$$Accountsreceivable,Inventories,PrepaidexpensesandotherTotalcurrentProperty,plantandequipment,Otherintangibles,OtherlongTotal$$LIABILITIESANDCurrentShort-term$$AccountsAccruedTotalcurrentConvertibleLong-termLeasefinancingOthernoncurrentTotalStockholders'equity(deficit):PreferredstockCommonAdditionalpaid-inAccumulatedAccumulatedotherTotalstockholders'equity(deficit) Totalliabilitiesandstockholders'equity$5,932,583$RITEAIDCORPORATIONANDSUBSIDIARIESCONSOLIDATEDSTATEMENTSOFOPERATIONS(Inthousands,exceptpershareYearFebruary

February

March $16,816,439$16,600,449$CostsandCostofgoodsGrossSelling,generalandWrite-offoffixedInterestLoss(gain)onsaleofLoss/gainonsaleoffixedTotalOperatinge(loss)eetaxe$$$Inventoriesarestatedatthelowerofcostormarket.Inventorybalancesincludethecapitalizationofcertaincostsrelatedtopurchasing,freightandhandlingcostsassociatedwithplacinginventoryinitslocationandconditionforsale.TheCompanyusesthelast--out("LIFO")methodofaccountingforsubstantiallyallofitsinventories.AtFebruary26,2005inventorieswere$471,417lowerthantheamountsthatwouldhavebeenreportedusingthe-in,-out("FIFO")method.Duringfiscal2005therehasbeenadeflationofgenericdrugprices.ThisresultedinareductionofourLIFOreserveby$18,919forfiscalyearendedFebruary2005.A.(2Points)IfRite-AidusedFIFOinsteadofLIFOwhatwould inginventorybeenforfiscalyearendingFebruary28th,2004?B.(2Points)IfRite-AidusesFIFOinsteadofLIFOwhatwouldinventorypurchaseshavebeenforthefiscalyearendingFebruary26th,2005?C.(2Points)IfRiteAidusesFIFOinsteadofLIFOwhatwouldCostofGoodsSoldhavebeenforthefiscalyearendingFebruary26th,2005?D.(2Points)WhatisRiteAid’sinventoryturnoverunder UnderE.(2Points)DuringthefiscalyearendingFeb2005,Rite-Aidaddedaqualitycontroldepartmentthatinspectsallpharmaceuticalproducts.ThecostsforfiscalyearendingFeb2005were$10million.RiteAiddecidedtotreatthecostsofthisdepartmentascostsassociatedwithplacinginventoryinitslocationandpreparingitsconditionforsale,andallocatedthiscosttoinventorypurchasedduringfiscalyear2005.Iftheyinsteadconsideredthesecoststobesellinggeneralandadminis