上海海事 外国会计选读 课件 chapter01.pptVIP

The Process of Providing Information The Process of Providing Information Business Ethics 商业伦理 Specialized Accounting Fields Financial accounting 财务会计 Is primarily concerned with the recording and reporting of economic data and activities for a business. Management accounting 管理会计 Uses both financial accounting and estimated data to aid management in running day-to-day operations and in planning future operations. Financial Statements Income statement损益表—A summary of the revenue and expenses for a specific period of time. Statement of owner’s equity业主权益变动表—A summary of the changes in the owner’s equity that have occurred during a specific period of time. Balance sheet资产负债表—A list of the assets, liabilities, and owner’s equity as of a specific date. Statement of cash flows现金流量表—A summary of the cash receipts and disbursements for a specific period of time. Additional Assignment 1. Go to to locate the Home Depot annual report, and focus on the balance sheet Financial statement research What were the total assets shown on the most recent balance sheet, total liabilities and stockholders’ equity? Write the company’s accounting equation as of the most recent balance sheet date, by filling in the dollar amounts. What was the form of balance sheet? Additional Assignment (Cont’d) Understanding Transactions Ignore much of the detail on the balance sheet of the Home Depot Company, focusing on the following accounts: Cash, inventory, notes payable, accounts payable, and total stockholders’ equity. Explain how the transaction would affect the company’s balance sheet using the accounts listed above. 1 Sold 1 million shares of common stock for a total of $10 million. 2. Bought inventory for cash of $3 million. 3. Borrowed $5 million from the bank, receiving the $5 million in cash. 4. Bought inventory for $6 on open account. 5. Paid $4 million to suppliers for inventory bought on open account. 6. Bought equipment for $8 million cash. d. NetSolutions provided services to