会计职业基础英语教学课件作者严金波Project3课件.ppt

3.3.3 Accounting for Manufacturing Project 3 Foundations: What skills shall an accountant need? * Calculation in Manufacturing Cost: (1) Prepaid rent (2) Depreciation (3) Salaries owed 3.3.4 Accounting for Selling In an enterprise, selling its product means that the product’s values and the operating results can be realized. During the selling course, sales revenue flows in, and both cost of sales and selling overhead generate with the related tax payments. As a result, it’s important for the enterprise to record properly its sales revenue and cost of goods sold, which is necessary for its managers and users of the financial statements. Project 3 Foundations: What skills shall an accountant need? 3.3.4 Accounting for Selling Project 3 Foundations: What skills shall an accountant need? * Accounting for Sales Revenue * Accounting for Cost of Goods Sold （2） （1） 3.3.5 Accounting for Financial Results Financial results refer to the profits that a company makes in a certain accounting period. When accountants calculate the profit, it is always classified into three types, namely operating profit, total profit and net profit, and in this book Total Profit is seen as the taxable item. The relationships among them can be shown as follows: Total profit = Operating profit ＋ Non-operating income － Nonbusiness expenditure Net profit = Total profit － Income tax payable Income tax payable = Total profit × Tax ratio Project 3 Foundations: What skills shall an accountant need? Project 4 Tasks: What tasks shall an accountant perform? Project 3 Foundations: What skills shall an accountant need? Foundations: What skills shall an accountant need? 1. To understand the classification of accounting elements and setup of accounting equations; 2. To learn to express account titles in English as well as how to design accounts and apply the double-entry system; 3. To master accounting skills; to learn how to calculate the financing, supplies, production, sales and other financial results