实收资本.ppt

1 The following information is available for a sole trader who keeps no accounting records:
Net business assets at 1 July 2004 186, business assets at 30 June 2005 274,000
During the year ended 30 June 2005:
Cash drawings by proprietor 68,000
Additional capital introduced by proprietor 50,000
Business cash used to buy a car for the proprietor’s wife, who takes no part in the business 20,000
Using this information, what is the trader’s profit for the year ended 30 June 2005?
A $126,000 B $50,000 C $86,000 D $90,000
A
2 Evon, a limited pany, issued 1,000,000 ordinary shares of 25c each at a price of $1·10 per share, all received in cash.
What should be the accounting entries to record this issue?
A Debit: Cash $1,100,000
Credit: Share capital $250,000
Share premium $850,000
B Debit: Share capital $250,000
Share premium $850,000
Credit: Cash $1,100,000
C Debit: Cash $1,100,000
Credit: Share capital $1,100,000
D Debit: Cash $1,100,000
Credit: Share capital $250,000
Retained earnings $850,000
A
3 P and Q are in partnership, sharing profits equally.
On 1 January 2005, R joined the partnership and it was agreed that from that date all three partners should share equally in the profit. In the year ended 30 June 2005 the profit amounted to $300,000, accruing evenly over the year, after ch