+ $800 is purchased on credit (sales tax 17.5%): ——- AP 940 ($800*(1+17.5%))
—————————————————————————
Total Liability: 975
Equity
Capital in cash: ——- Share Capital 1,000
========================
Retained Earnings:
Opening Retained earnings: ——- 0 (see below)
+Net income/(loss) CY: ——- 600 (see below)
========================
Closing Retained earnings: ——- 600 (see below)
—————————————————————————-
Total Equity: 1,600
Net Income (current year)
half is sold for $1,000: ——- Sales 1,000
– half is sold: ——- Cost of Goods Sold 400 (800*50%)
—————————————————————————-
Net Income: 600 (flow to retained earnings above)
*Not mentioned opening Retained Earnings, so assume it is the first year in operation, current year (“CY”) net income (loss) forms the retained earnings at year end.
回复 ( 1 )
我的下面问答仅供参考。我的回答也可能不对，因为我也没有时间检查对不对。我的回答也不代表该题目出处的官方解答。只代表我个人看法。
我觉得这道题挺有意思的，你不觉得它想让你了解 Financial Position 和 Income Statement 的结构和联系吗？你要是不知道那一项应该放置在哪个财务报表的大分类里，这个题就可能做不出来。所以我不太理解你为什么认为它和Sales Tax有关？
会计考试中总会在很长一段话里 藏入 有用的信息。希望你能从石头里找到金子。这题目的话倒是不那么长。如果这是英国式的考试，那我就不奇怪，英式考试往往言简意赅。
这种选择题其实不像写作的题目，只有一个答案。要不就对，要不就错。
方法就是把对你有用的信息分类 摘出 来，然后 汇总 。下面的是我摘出来的:
Assets:
Capital in cash: ——- Cash 1,000
+ customer paying in cash: ——- Cash 1,175 (1000 * (1+17.5%))
+ Inventory costing: ——- Inventory 800
– half is sold: ——- Inventory (400) (800*50%)
—————————————————————————
Total Assets: 2,575
Liabilities:
sold for$1,000 plus sales tax 17.5%: ——- VAT payable 175 (1,000*17.5%)
– Inventory costing $800 sales tax 17.5%: ——- VAT claim (140)
+ $800 is purchased on credit (sales tax 17.5%): ——- AP 940 ($800*(1+17.5%))
—————————————————————————
Total Liability: 975
Equity
Capital in cash: ——- Share Capital 1,000
========================
Retained Earnings:
Opening Retained earnings: ——- 0 (see below)
+Net income/(loss) CY: ——- 600 (see below)
========================
Closing Retained earnings: ——- 600 (see below)
—————————————————————————-
Total Equity: 1,600
Net Income (current year)
half is sold for $1,000: ——- Sales 1,000
– half is sold: ——- Cost of Goods Sold 400 (800*50%)
—————————————————————————-
Net Income: 600 (flow to retained earnings above)
*Not mentioned opening Retained Earnings, so assume it is the first year in operation, current year (“CY”) net income (loss) forms the retained earnings at year end.
另外我很好奇你的课本和习题集里没有给你一定的指导吗？不能问问你的老师吗？你请人解决一道问题可能可以，你要是每道问题都这样问，那么你得到帮助的可能性就不大了。看看教材，看看答案都会对你有帮助。