作业英语

2023-09-30 03:28:11   文档大全网     [ 字体: ] [ 阅读: ]

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英语,作业
Exercise 1

1. Translate the following statements into Chinese 1 Accounting principles are not like physical laws they do not exist in nature awaiting discovery man. Rather they are developed by man in light of what we consider to be the most important objectives of financial reporting. In many ways generally accepted accounting principles are similar to the rules established for an organized sport such as football or basketball.

2 Accounting have devised procedures whereby the flows of cash receipts and payments are spread over a period of time in a certain way to derive income which is representative of the economic performance of the firm for the given period. The income concept as applied in the real world involves numerous decisions and judgments.

2. Introduce the basic accounting assumptions.



Exercise 2

1. Introduce basic accounting principles.

2. Please read the following passage carefully and fill in each of the blanks with a word most appropriate to the content .

The double-entry system of accounting takes its name from the fact that every business transaction is recorded by ____ types of entries 1 _____ entries to one or more accounts and 2 credit entries to one or more accounts. In recording any transaction the total dollar amount of the ______ entries must _____ the total dollar amount of credit entries.




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