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Adjusting 調整 Why?為什麼要調整? When?什麼時候要調整? What?有哪些項目?
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The Accounting Period Annual Semiannual Quarterly Monthly 1 2 1 2 3 4
5 6 7 8 9 10 11 12 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Monthly
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Accrual Basis vs. Cash Basis
Revenues are recognized when earned and expenses are recognized when incurred. Cash Basis Revenues are recognized when cash is received and expenses recorded when cash is paid. Not GAAP Accounting
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Prepaid (Deferred) expenses* Unearned (Deferred) revenues
Adjusting Accounts調整分錄 An adjusting entry is recorded to bring an asset or liability account balance to its proper amount. Framework for Adjustments Adjustments 預付項目 Deferred Items 應收項目Accrued Items Prepaid (Deferred) expenses* Unearned (Deferred) revenues Accrued expense Accrued revenues *including depreciation
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調整項目 壹>遞延項目Deferred Items(記實轉虛,記虛轉實) 貳>應計項目Accrued Items
預付:如預付保險費轉成保險費用 預收:如預收房租轉成房租收入 貳>應計項目Accrued Items 應付或應收:應付利息或應收利息 叁>估計項目Estimated Items 折舊Depreciation 呆帳Bad Debt
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Resources paid for prior to receiving the actual benefits.
Prepaid (Deferred) Expenses Here is the check for my first 6 months’ rent. Resources paid for prior to receiving the actual benefits. Asset Expense Unadjusted Balance Credit Adjustment Debit
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Cash received in advance of providing products or services.
Unearned (Deferred) Revenues Cash received in advance of providing products or services. Buy your season tickets for all home basketball games NOW! “Go Big Blue” Liability Revenue Debit Adjustment Unadjusted Balance Credit Adjustment
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Accrued Revenues Revenue Asset Revenues earned in a period that
are both unrecorded and not yet received. Yes, I’ve completed your tax return, but have not had time to bill you yet. Asset Revenue Debit Adjustment Credit Adjustment
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want to be paid for our work!
Accrued Expenses Costs incurred in a period that are both unpaid and unrecorded. We’re about one-half done with this job and want to be paid for our work! Expense Liability Credit Adjustment Debit
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Asset Cost - Salvage Value
Depreciation Depreciation is the process of computing expense from allocating the cost of plant and equipment over their expected useful lives. Straight-Line Depreciation Expense = Asset Cost - Salvage Value Useful Life
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問題與討論
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