财务会计练习(语).doc

practic 1.CHOICE QUESTIONS 38. Preparing a work sheet involves a. two steps. b. three steps. c. four steps. d. five steps. 39. The adjustments entered in the adjustments columns of a work sheet are a. not journalized. b. posted to the ledger but not journalized. c. not journalized until after the financial statements are prepared. d. journalized before the work sheet is completed. 40. The information for preparing a trial balance on a work sheet is obtained from a. financial statements. b. general ledger accounts. c. general journal entries. d. business documents. 41. An adjusted trial balance a. is prepared after the financial statements have been prepared. b. proves the equality of the debits and the credits of the ledger accounts. c. is required by GAAP. d. is prepared after the post-closing trial balance. 42. The income statement columns of the DelMonico Company’s worksheet reports total debits of $50,000 and total credits of $35,000. This means that a. the company earned net income of $15,000 for the period. b. the worksheet has an error because debits do not equal credits. c. the company has a net loss of $15,000 d. distributions to owners for the period totalled $15,000. 43. A work sheet is a multiple column form that facilitates the a. identification of events. b. measurement process. c. preparation of financial statements. d. analysis process. 44. Which of the following companies would be least likely to use a work sheet to facilitate the adjustment process? a. Large company with numerous accounts b. Small company with numerous accounts c. All companies, since work sheets are required under generally accepted accounting principles d. Small company with few accounts 45. A work sheet can be thought of as a(n) a. permanent accounting record. b. optional device used by accountants. c. part of the general ledger. d. part of the journal. 46. The account, Supplies, will appe