在线求等,财务会计专业英语翻译6小语段。万分感谢!万分感谢!1.accountingisaninformationsystemthatidentifies,measures,recordsandcommunicatesrelevant,reliable,consistentandcomparableinformationaboutanorganizat
在线求等,财务会计专业英语翻译6小语段。万分感谢!万分感谢!
1.accountingisaninformationsystemthatidentifies,measures,recordsandcommunicatesrelevant,reliable,consistentandcomparableinformationaboutanorganization'seconomicactivities.Itsobjectiveistohelppeoplemakebetterdecisions.2.Thebasisofaccountingthatrecognizesrevenuewhenearned,regardlesswhencashisreceived,andmatchestheexpensestotherevenue,regardlessofwhencashispaidout,isknownastheaccrualbasisofaccounting,whereasthecashbasismatchesrevenuesreceivedwithexpensespaid.3.Whenfinancialstatementsarepreparedundertheperiodicsystem,thecostofgoodssoldandmerchandiseinventoryaredetermined,Inpart,byconductingaphysicalcountofinventoryonhand.Incontrast,aperpetualinventorysystemupdatestheMerchandiseInventoryandCostofGoodsSoldacconuntseachtimeanitemispurchasedorsold.4. 2/10,n/60meansthatthecreditperiodis60daysbutthedebtormaydeduct2%fromtheinvoiceamountifpaymentismadewithin10daysoftheinvoicedate.The10daysisknownasthediscountperiod.5. 2/10,1/15,n/30meansa2%discountcanbetakeniftheinvoiceispaidduringthefirst10daydiscountperiod,ora1%discountcanbetakeniftheinvoiceispaidduringthenextfivedays,orthefullinvoiceamountmustbepaidaftertheseconddiscountperiodandwithinthe30-daycreditperiod.6.Cashisthemostilquidassetandmostsubjecttotheftandfraud.Liquidityreferstohowreadilyanassetcanbeconvertedintoothertypesofassets,orisusedtobuyservicesorsatisfyobligations.Itthenbecomesessentialtohaveasystemofaccountingproceduresandrecordsthatwillmaintainadequatecontrolovercash.