首页
登录
职称英语
—Read the article about the cash basic of accounting.—Choose the best word to f
—Read the article about the cash basic of accounting.—Choose the best word to f
游客
2025-05-21
8
管理
问题
—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.
[br]
选项
A、so that
B、such that
C、such as
D、for the purpose of
答案
C
解析
从前后的意思来判断,这里要用列举的词,因为building和equipment都是assets。
转载请注明原文地址:https://tihaiku.com/zcyy/4086556.html
相关试题推荐
ReadthearticlebelowaboutToyLearn,astart-upcompanydevelopingeducati
ReadthearticlebelowaboutToyLearn,astart-upcompanydevelopingeducati
ReadthearticlebelowaboutToyLearn,astart-upcompanydevelopingeducati
ReadthearticlebelowaboutToyLearn,astart-upcompanydevelopingeducati
Readthearticlebelowaboutmortgageadviser.Choosethecorrectwordt
Readthearticlebelowaboutmortgageadviser.Choosethecorrectwordt
Readthearticlebelowaboutmortgageadviser.Choosethecorrectwordt
Readthearticlebelowaboutmortgageadviser.Choosethecorrectwordt
Readthearticlebelowaboutmortgageadviser.Choosethecorrectwordt
Readthearticlebelowaboutmortgageadviser.Choosethecorrectwordt
随机试题
Geographyisthestudyoftherelationshipbetweenpeopleandtheland.Geog
Onewouldnotwishtovisitthewhitemountainsinwinters,stillless______tol
Whichofthefollowingstatementsaretrue?(a)-5
Thistypeofapparatuscanproducemorethan40,000blood______aday.A、example
“朝秦暮楚’,是战国时期人才流动频繁的真实写照,与这一时期有才能的人得以重用有关
在经济周期的不同阶段,可以观察到的债券收益率曲线有( )。 Ⅰ.正向的利率曲
我国的股票发行实行核准制并配之以发行审核制度和保荐制度。()
以下关于普通股股东依法享有公司重大决策参与权的说法正确的有()。A:股东可以亲自
某公司正在论证新建一条生产线项目的可行性。经测算,项目的经济寿命为5年,项目固定
下列关于工伤和意外伤害保险制度的说法,错误的有( )。A.工伤保险是属于法定的
最新回复
(
0
)