世新大學九十年度轉學考試題

年級	系所別	考試科目
二	財務金融系	會計學

*考生請於試卷 (答案卷) 內作答

一、選擇題(每題3分，共計60分)

1. Classification as an extraordinary item on the income statement would be appropriate for the： (A) gain or loss on disposal of a segment of the

business (B) substantial write-off of obsolete inventories (C) loss form a (D) none of the above.

2. Declaration and issuance of a dividend in stock：(A) increase the current ratio(B) decreases the amount of working capital (C) decreases total stockholders’ equity (D) has no effect on total assets, liabilities, or stockholders’ equity.

3. Cash dividends are paid on the basis of the number of shares： (A) authorized (B) issued (C) outstanding (D outstanding less the number of

treasury shares.

4. If bonds are initially sold at a premium and the straight-line method of amortization is used, interest expense in the earlier years will： (A) exceed

what it would have been had the effective interest method of amortization been used (B) be less than what it would have been had the effective

interest method of amortization been used (C) be the same as what it would have been had the effective interest method of amortization been

used.

5. On October 1,1998, Martin Co. purchased to hold to maturity, 400, $1,000, 9% bonds for $396,000 which includes $6,000 accrued interest.

The bonds, which mature on February 1,2007, pay interest semiannually on February 1 and August 1. Martin uses the straight-line method of

amortization. The bonds should be reported in the December 31,1998 balance sheet at a carrying value of： (A)$390,300 (B)$390,300

(C)$396,000 (D none of the above.

6. Dibos Co. received merchandise on consignment As of January 31; Dibos included the goods in inventory, but did not record the transaction. The

effect of this on its financial statements fir January 31 would be ： (A) net income, current assets, and retained earnings were overstated (B) net

income was correct and current assets were overstate (C) net income and current assets were overstate liabilities were understated (D) net income,

current assets, and retained earnings were understand.

7. On June 1,2000,People Corp. sold merchandise with a list price of $10,000trade discounts of 30% and 20%. Credit terms were 2/15, n/40 and the

sale was made f.o.b. shipping point. Poole prepaid $200 of delivery costs for Lake as an accommodation. On June 12,2000, Poole received form

Lake a remittance in full payment amounting to： (A) $5,488 (B) $5,684 (C) $ 5,688 (D) none of the above.

8. On January 1. 1997. Gwynn Corporation acquired machinery at a cost of $2,000,000. Gwynn adopted the double-declining valance method of depreciation for this machinery and had been recording depreciation over an estimated useful life in ten years, with no residual value. At the

beginning of 2000, a decision was made to change to the straight-line method of depreciation for the machinery. The circulative effect if this

according change, ignoring income tax consideration, is： (A) $320,000 (B) $376,000 (C)$380,800 (D) none of the above.

9. An example of a correction an error in previously issued financial statements is a change： (A) from the FIFO method of inventory valuation to the

LIFO method (B) in the service life of plant assets, based on changes in the economic environment (C) from the cash basis of accounting to accrual

basis of accounting to the accrual basis of accounting (D) in the tax assessment related to a prior period.

10. An example of a change in according principle that should be currently is a change from the： (A) completed-contract method to the percentage-of-

completion method for long-term contracts (B) LIFO method to the FIFO method for inventory valuation (C) sum-of-the-years’-digits method to the

straight-line method (D) “full cost” method to another method in the extractive industry.

11. Which of the following is correct about the effective interest method of amortization? (A) The effective interest method applied to investments in

debt securities is different from that applied to bonds payable (B) Amortization of a discount decreases from period to period (C) Amortization of

a premium decreases from period to period (D) The effective interest method produces a constant rate return on the book value of the investment

from period to period.

12. On its December 31, 1999, balance sheet, Ruth Co. reported its investment in available-for –sale securities, which had cost $600,000, at fair vale

of $550,000. At December 31, 2000,the fair value of the securities was $585,000. What should Ruth report on its 2000 income statement as a

result of the increase in fair value of the investments in 2000? (A) $0 (B) Unrealized loss of $15,000 (C) Realized gain of $35,000 (D) Unrealized

gain of $35,000.

13. The overriding criterion by which accounting information can be judged is that of： (A) usefulness for decision-making (B) freedom from bias (C) timeliness (D) comparability.

14. Coffey Corporation had 400,000 shares of common stock outstanding at December 31, 2000. In addition, it had 90,000 stock options outstanding,

which had been granted to certain executives, and which gave them the right to purchase shares of Coffey’s stock at an option price of $37 per share.

The average market price of Coffey’s common stock for 2000 was $50. What is the number of shares that should be used in computing diluted

earnings per share for the year ended December 31,2000? (A) 400,000 (B) 431,622 (C) 466,600 (D) none of the above.

15. The par value method of accounting for treasury stock differs from the cost method in that： (A) any gain is recognized upon repurchase of stock but

a loss is treated as an adjustment to retained earnings (B) no gains or losses are recognized on the issuance of treasury stock using the par value

method (C) it reverses the original entry to issue the common stock with any difference between carrying value and purchase price adjusted through

paid-in capital and or retained earnings and treats a subsequent resistance like a new issuance of common stock (D) it reverses the original entry to

issue the common stock with any difference between carrying value and purchase price being shown as an ordinary gain or loss and does not

recognize any gain or loss on a subsequent resale of stock.

16. In January 2000, Knott Mining Corporation purchased a mineral mine for $4,200,000 with removable ore estimated by geological surveys at

2,500,000 tons. The property has an estimated value of $400,000 after the ore has been extracted. Knott incurred $1,150,000 of development

costs preparing the property for the extraction of ore. During 2000, 340,000 tons were removed and 300,000 tons were sold. For the year

ended December 31, 2000, Knott should include what amount of depletion in its cist of goods sold?(A) $456,000 (B) $594,000 (C) $673,200

(D) none of the above.

17. Equipment that cost $22,000 and has accumulated depreciation of $10,000 is exchanged for similar equipment with a fair value of $16,000 and

$4,000 cash is received. The gain to be recognized from the exchange is： (A) $1,600 gain (B) $6,000 gain) (C) $8,000 gain (D) none of the above.

18. Which of the following is not an objective of financial reporting? (A)To provide information about economic resources, the claims to those resources,

and the changes in them (B) To provide information that is helpful to investors and creditors and other users in assessing the amounts, timing, and

uncertainty of future cash flows (C) To provide information that is useful to those making investment and credit decisions (D) All of the above are

objectives of financial reporting.

19. Failure to record the accrual of an asset or the accrual of a liability will：(A) be cancelled out in the coming fiscal period (B) cause the accounting

equation be out of balance (C) affect only the balance sheet (D) affect both the income statement and the balance sheet.

20. Reno Co. showed a cash balance $5,459 on May 31, 2001. On the same date, the bank showed a balance of $7,000 in the company’s account.

This difference could be caused by：(A) a deposit in transit of$1,541 (B) a $1,260 note collected by the bank together with outstanding checks of

$281 (C) a customer’s $560 NSF check together with outstanding checks of $981 (D) none of the above.

二、填空題 (每格2分，共計40分) 答案如有小數位數，請四捨五入取至小數第二位

1. 大信公司於89年1月1日購入大華公司發行之面額$100,000之7%公司債，作為

長期投資。該公司債每年6月30日及12月31日各付息一次，大信公司採用實

利率法攤銷溢價。該公司89年所記載之利息收入及攤銷資料如下：

利息收入溢價收入

6月30日 $3,127.95 $327.05

12月31日 3,116.79 383.21

請問債劵之實際利率為_(1) %，該項債劵投資成本為 (2) 元

2. 永康公司89年度之部分會計資料如下：

期初應帳款餘額$145,000；備抵壞帳餘額$6000。

銷貨收入$880,000(其中包括現銷$200,000)

期初存貨$23000：期末存貨$45,000。

進貨$600,000。

應收帳款當年收現$600,000(該公司無銷貨折扣)。

確定無法回收之帳款$7,200。

銷貨毛利$300,000。

銷貨退回?(現銷商品無銷貨退回)

1) 該公司89年度銷貨退回金額為__(3)___元，89年12月31日應收帳款餘

額為__(4)___元。

2) 若該公司按賒銷淨額1.5%提列壞帳，則89年底提列壞帳費用__(5)___。

又假若該公司案應收帳款餘額5%提列壞帳，則89年底提列壞帳費用

__(6)___。

3. 華邦公司於88年1月初，以$500,000購入偉來公司流通在外普通股200,000

股中的10%，偉來公司88、89年間，有關資料如下：

88年 5月10 日發放現金股利，每股$1.5。

8月 1 日分配10%股票股利。

12 月 31日淨利$300,000。

12 月 31日每股市價$24。

89年 4 月10日發放現金股利，每股$1.2。

12 月 31日淨損$35,000。

12 月 31日每股市價$20。

1) 假若華邦公司對偉來公司無重大影響力且偉來公司為非上市公司，則89

年終華邦公司對偉來公司「長期股權投資」之帳面餘額為__(7)___元。

2) 假若華邦公司對偉來公司無重大影響力且偉來公司是上市公司，則89

年終年終華邦公司對偉來公司「長期股權投資」之帳面餘額為__(8)__元。

3) 假若華邦公司對偉來公司有重大影響力，則89年終華邦公司對偉來公司

「長期股權投資」之帳面餘額為__(7)___元。

4. 立群公司89年度損益表及補充資料如下：

立群公司

損益表流動資產、流動負載當年變動

民國89年度增加減少

銷貨收入 $700,000 應收帳款 $20,000

銷貨成本 250,000 存貨 $40,000

銷貨毛利 450,000 預付保險費 16,000

營業費用 160,000 應付帳款 30,000

本期淨利 $290,000 應計負擔 8,000

假定應收帳款係由銷或所產生，應付款帳由購貨產生，營業費用包括折舊費

用$40,000，且折舊為唯一不影響現金之損益項目，則89年度顧客處收到現

金__(10)___元，付給供應商現金___(11)__元，支付營業費用現金__(12)___

元，採現金基礎89年淨利__(13)___元。

5. 偉利公司89年度部分財務比率資料如下：

淨利率20%

利息保障倍數12%

應收帳款週轉率5次

速動比率1.4。

流動比2.5。

負債佔總資產的比率24%

架設所有的銷貨居為賒銷，是利用所給的比例計算以下遺失的資料。

(A)__(14)___ (B)__(15)___ (C) __(16)__ (D)__(17)___ (E)__(18)___

(F)__(19)__ (G) __(20)__

偉利公司偉利公司

資產負債表損益表

12月31日 89年度

89年 88年銷貨 (淨額)………… $200,000

資產銷貨成本………….. 100,000

現金 ……………. $25,000 $35,000 銷貨毛利………….. 100,000

有價證劵……..… 15,000 15,000 營業費用………….. _____ ?_(E)

應收帳款(淨額)… ?(A) 50,000 營業淨利………….. ?

存貨…………….. ?(B) 50,000 利息費用………….. 5,000

固定資產(淨額)… 200,000 160,000 稅前淨利…………. ? (F)

總資產………….. $___?_ $310,000 所得稅費用………. _____ ? (G)

負債與股東權益稅後淨利…………. $_____ ?_

應負帳款………. $ ?(C) 25,000

短期應付票據…. 35,000 30,000

長期負債(公司債) ?(D) 20,000

普通股…………. 200,000 200,000

保留盈餘………. 47,000 35,000

總負債及股東權益 $___?_ $310,000