六、英文附加题(本题型共1题,共10分。有小数点的,保留两位小数。小数点两位后四舍五入。用英文在答题卷上解答,答在试题卷上无效)。 e]lJqC
John, CPA, is auditing the financial statements of Company A for the year ended December 31, 20×8. The un-audited information of selected financial statements items is as follows: y }\r#"Z`
(Expressed in RMB thousands) \HAJ\9*w)
FINANCLAL STATEMENTS ITEMS PJzc=XPU
20×8 \|CPR6I
20×7 7;&(}
I*EJHBsQ5
Sales %BUEX
64000 >~_Jq|KBB
48000 g>so
R&*
'It?wB W
Cost of sales >lrhHU
54000 cv}aS_`f
42000 93j{.0]X
5sCFzo<=vh
Net profit +a%xyD:
.?
30 O|QUNr9
-20 MDJc[am
11@]d]v ,
Yu'a<5f
December 31, 20×8 Y9F)`17
December 31, 20×7 NmJ`?-Z
!xu9+{-
Inventory i}v9ut]B
16000 YutQ ]zYA.
12000 H$!+A
YTK^ijmU6x
Current assets sYJL-2JX
60000 mzX;s&N#
50000 ^i+[m
v5_7r%Hiw
Total assets l
_+6=u
100000 4S|=/f
90000 d+;gw*_Ei
Zb(E:~h\
Current liabilities ,M QVE
20000 ks*Y9D*=
18000 VPt9QL(
%%%S"$t
Total liabilities t6+YXjXK
30000 y`yZR
_
25000 _T5)
n=|
?s?$d&h
b O=yi)
During the audit, John has the following findings: T>A{qu
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: ]ab#q=
Dr. Cash in Bank RMB 5820000 $IVwA
Dr. Financial Expenses RMB 180000 @5.e@]>ZM
Cr. Notes Receivable RMB 6000000 .Pe9_ZH$W
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: i^)WPP>4Aw
Dr. Non-operating Expenses RMB 3000000 87V1#U ^
Cr. Provisions RMB 3000000 7G<