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[单选题]

Wendy receives cash from customers()

A.cashier

B.receptionist

C.waiter

D.cook

E.trainer

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更多“Wendy receives cash from custo…”相关的问题
第1题
Read the article about the cash basic of accounting.Choose the best word to fill each gap,

Read the article about the cash basic of accounting.

Choose the best word to fill each gap, from A, B, Cor D.

For each question 19—33, mark one letter (A, B, C or D) on your Answer Sheet.

There is an example at the beginning.

Under the cash basis of accounting, a firm recognizes revenues from selling goods and providing services in the period when it receives cash from customers. It reports(19)…in the period when it makes cash expenditures for merchandise, salaries, insurance, taxes, and (20)…items. To illustrate the measurement of performance under the cash basis of accounting, consider the following example.

Donald and Joanne Aliens open a hardware store on January l, Year 1. The firm receives $ 20, 000 (21)…cash from the Aliens and borrows $ 12, 000 from a local bank. It must repay the loan on June 30, Year l, with interest charged (22)… the rate of 12 percent per year. The firm rents a store building on January l, and pays 2 months' rent of $ 4, 000 (23)…On January 1, it also pays the premium of $2, 400 for property and liability insurance coverage for the year (24)… December 31, Year 1. During January it acquires merchandise costing $ 40, 000, (25)… it purchases $ 26, 000 for cash and $ 14, 000 on account. Sales to customers during January total $ 50, 000, of which $ 34, 000 is for (26)…and $ 16, 000 is on account. The acquisition cost of the merchandise (27)…during January is $ 32, 000, and various employees receive $ 5, 000 in salaries.

Lawyers, accountants, and (28)…professionals are the principal entities that use the cash basis of accounting. These professionals have (29)… small investments in multiperiod assets, (30)…buildings and equipment, and usually collect cash from clients soon after they (31)…services. Most of these firms actually use a modified cash basis of accounting, under which they (32)…the costs of buildings, equipment, and similar items as assets (33)… .

Most individuals use the cash basis of accounting for the purpose of computing personal income and personal income taxes.

(19)

A.by using up

B.expenses

C.by spending

D.expense

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第2题
—Read the article about the cash basic of accounting.—Choose the best word to fill each ga

—Read the article about the cash basic of accounting.

—Choose the best word to fill each gap, from A, B, C or D.

—For each question 19—33, mark one letter (A, B, C or D) on your Answer Sheet.

—There is an example at the beginning.

Under the cash basis of accounting, a firm recognizes revenues from selling goods and providing Services in the period when it receives cash from customers. It reports (19)______ in the period when it makes cash expenditures for merchandise, salaries, insurance, taxes, and (20)______ items. To illustrate the measurement of performance under the cash basis of accounting, consider the following example.

Donald and Joanne Allens open a hardware store on January 1, Year 1. The firm receives $20,000 (21)______ cash from the Aliens and borrows $12,000 from a local bank. It must repay the loan on June 30, Year 1, with interest charged (22)______ the rate of 12 percent per year. The firm rents a store building on January 1, and pays 2 months' rent of $4,000 (23)______. On January 1, it also pays the premium of $ 2,400 for property and liability insurance coverage for the year (24)______ December 31, Year 1. During January it acquires merchandise costing $40,000, (25)______ it purchases $26,000 for cash and $ 14,000 on account. Sales to customers during January total $50,000, of which $34,000 is for (26)______ and $16,000 is on account. The acquisition cost of the merchandise (27)______ during January is $32,000,and various employees receive $5,000 in salaries.

Lawyers, accountants, and (28)______ professionals are the principal entities that use the cash basis of ac counting. These professionals have (29)______ small investments in multiperiod assets, (30)______ buildings and equipment, and usually collect cash from clients soon after they (31)______ services. Most of these firms actually use a modified cash basis of accounting, under which they (32)______ the costs of buildings, equipment, and similar items as assets (33)______.

Most individuals use the cash basis of accounting for the purpose of computing personal income and person al income taxes.

A.by using up

B.expenses

C.by spending

D.expense

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第3题
?Read the article about the cash basic of accounting.?Choose the best word to fill each ga

?Read the article about the cash basic of accounting.

?Choose the best word to fill each gap, from A, B, C or D.

?For each question 19—33, mark one letter (A, B, C or D) on your Answer Sheet.

?There is an example at the beginning.

Under the cash basis of accounting, a firm recognizes revenues from selling goods and providing Services in the period when it receives cash from customers. It reports (19) in the period when it makes cash expenditures for merchandise, salaries, insurance, taxes, and (20) items. To illustrate the measurement of performance under the cash basis of accounting, consider the following example.

Donald and Joanne Allens open a hardware store on January 1, Year 1. The firm receives $20,000 (21) cash from the Aliens and borrows $12,000 from a local bank. It must repay the loan on June 30, Year 1, with interest charged (22) the rate of 12 percent per year. The firm rents a store building on January 1, and pays 2 months' rent of $4,000 (23) . On January 1, it also pays the premium of $ 2,400 for property and liability insurance coverage for the year (24) December 31, Year 1. During January it acquires merchandise costing $40,000, (25) it purchases $26,000 for cash and $ 14,000 on account. Sales to customers during January total $50,000, of which $34,000 is for (26) and $16,000 is on account. The acquisition cost of the merchandise (27) during January is $32,000,and various employees receive $5,000 in salaries.

Lawyers, accountants, and (28) professionals are the principal entities that use the cash basis of ac counting. These professionals have (29) small investments in multiperiod assets, (30) buildings and equipment, and usually collect cash from clients soon after they (31) services. Most of these firms actually use a modified cash basis of accounting, under which they (32) the costs of buildings, equipment, and similar items as assets (33) .

Most individuals use the cash basis of accounting for the purpose of computing personal income and person al income taxes.

(19)

A.by using up

B.expenses

C.by spending

D.expense

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第4题
A note receivable is a negotiable instrument, which means it is readily transferable from
one business or person to another and may be sold for cash. To get cash quickly, payees sometimes sell a note receivable to another party before the note matures. The payee endorses the note and hands it over to the note purchaser--often a bank--who collects the maturity value of the note at the maturity date.

Selling a note receivable before maturity is called discounting a note receivable because the payee of the note receives less than its maturity value. This lower price decreases the amount of interest revenue the payee earns on the note. Giving up some of this interest is the price the payee is willing to pay for the convenience of receiving cash early.

Assume that the maturity date of the Dorman note is January 18, 1995 and that General Electric discounts the Dorman note at First City National Bank on December 9, 1994. The discount period--which is the number of days from the date of discounting to the date of maturity (this is the period the bank will hold the note) -- is 40 days; 22 days in December, and 18 days in January. Assume the bank applies a 12 percent annual interest rate in computing the discount value of the note. The bank will want to use a discount rate that is higher than the interest rate on the note in order to increase its earnings. GE may be willing to accept this higher rate in order to get cash quickly. The discounted value, called the proceeds, is the amount that GE receives from the bank. The proceeds are computed as follows:

General Electric's entry to record discounting the note is:

Dec. 9, 1994cash $ 15 170

Note receivable Dorman Builders $ 15 000

Interest Revenue $ 170

TO RECORD DISCOUNTING NOTE RECEIVABLE

At maturity the bank collects 15 375 from the maker of the note, earning 205 of interest revenue.

Observe two points in the above computation: (1) The discounting is computed on the maturity value of the note (principal plus interest) rather than on the original principal amount, and (2) the discounting period extends backwards from the maturity date (January 18, 1995) to the date of discounting (December 9, 1994).

What is a note receivable?

A.It is a note received by a payer.

B.It is paper currency paid for documents as well as notes.

C.It is a negotiable instrument which may be used to transfer funds from one person to another.

D.It is a negotiable instrument which may be transferable from one person to another.

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第5题
The cost of plant and equipment includes all expenditures reasonable and necessary in acqu
ring the asset and placing it in a position and condition for use in the operations of the business. Only reasonable and necessary expenditures should be 【21】______ For example, if the company' truck driver receives a traffic ticket while hauling a new machine to the plant, the traffic 【22】______ is not part of the cost of the new machine. If the machine is dropped and 【23】______ while being uploaded, the cost of repairing the damage should be 【24】______ as expense in the current period and should not be added 【25】______ the cost of the machine.

Cost is most easily determined 【26】______ an asset is purchased for cash. The cost of the as set is then 【27】______ to the cash outlay necessary in acquiring the asset 【28】______ any expenditure for freight, insurance while in transit, installation, trial runs, and any other 【29】______ necessary to make the asset ready for use. If plant assets are 【30】______ on the installment plan or by issuance of notes payable, the interest element or carrying charge should be 【31】______ as interest expense and not as part of the cost of the plant assets.

Why should all the incidental charges 【32】______ to the acquisition of a machine 【33】______ included in its cost? Why 【34】______ treat these incidental charges as expenses of the period in which the machine is acquired?

The answer is to be found in the basic accounting 【35】______ of matching costs and revenue. The benefits of 【36】______ the machine will be received over a span of years, 10 years, for example. During those 10 years the 【37】______ of the machine will contribute to revenue. 【38】______ , the total costs of the machine should be recorded in the accounts as a(n) 【39】______ and allocated against the revenue of the 10 years. All costs incurred in acquiring the machine are costs for services to be 【40】______ from using the machine.

【21】

A.excluded

B.included

C.combined

D.spent

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第6题
What causes the bigger threat to whales according to Wendy Eliott?A.Weather changing.B.Wha

What causes the bigger threat to whales according to Wendy Eliott?

A.Weather changing.

B.Whale hunting.

C.Fishing equipment.

D.Oil and gas industries.

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第7题
听力原文:I think we already passed Wendy's place.(A)Her place is conveniently located.(B)C

听力原文:I think we already passed Wendy's place.

(A) Her place is conveniently located.

(B) Congratulations on passing the interview.

(C) No, it' s still a few blocks up ahead.

(32)

A.

B.

C.

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第8题
听力原文:Are you going home or can you join us for Wendy' s farewell party?(A)Yes, Wendy t

听力原文:Are you going home or can you join us for Wendy' s farewell party?

(A) Yes, Wendy took a better offer.

(B) Oh, what time is the party?

(C) My home is very close to our office.

(40)

A.

B.

C.

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第9题
Wendy Cope is an award-winning contemporary British poet.()
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第10题
Although Wendy thought she was helping us with the work, she was actuallyA.on the wayB.in

Although Wendy thought she was helping us with the work, she was actually

A.on the way

B.in a way

C.in the way

D.by the way

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第11题
According to the passage, what is Wendy Uhlmann's attitude toward genetic testing?A.She is

According to the passage, what is Wendy Uhlmann's attitude toward genetic testing?

A.She is indifferent to it.

B.She does not agrees with it at all.

C.She has no idea about it.

D.She has some doubts about it.

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