外研版财会专业英语教案 Unit 3 liabilities教案

Period: 2

Content：Unit 3 liabilities

Teaching aims:

1. learn the accounting for current liabilities

2. learn the accounting for bonds

3. learn the accounting treatment for long-term liabilities

Teaching focus:

1.    the major words and phrases

2.    accounting for current liabilities

3.    the accounting for bonds

4.    the accounting treatment for long-term liabilities

Teaching difficulties:

1.    the major words and phrases

2.    the accounting for bonds

Teaching procedures:

Step 1:

First, let the Ss learn some new words and phrase and the expression in this unit

短期负债    Current liability

透支        overdraft

应付票据    Notes payable

应付账款    Account payable

预收账款     unearned revenue

应交增值税   value added tax payable

应交消费税   Consumption tax payable

应交所得税   Income tax payable

应交个人所得税 Personal income tax payable

其他应付款     Other payables

预提费用       Drawing expense in advance

长期负债       Long-term Liabilities

长期借款       Long-term loans

一年内到期的长期借款       Long-term loans due within one year

一年后到期的长期借款       Long-term loans due over one year

债券   debentures , bonds 　　

应付债券    Bonds payable

债券面值    Face value, Par value

到期日    the maturity date

债券溢价   Premium on bonds

债券折价   Discount on bonds

应计利息    Accrued interest

或有负债    contingent liability

未履行责任 default

应付工资     Accrued wages

应付股利     Dividends payable

应交税金     Tax payable

Step 2: some major nouns

Current liabilities

Current liabilities are expected to be paid within one year. They include accounts  payable, salaries payable, notes payable, tax payable

流动负债指一年内偿付的负债,包括应付账款, 应付职工薪酬, 应付票据,应交税费等

accounts payable

Accounts payable are amounts owed to suppliers( a short-term, interest-free loan form the supplier), they are incurred when purchases occur.

应付账款是欠供应商的款额(供应商所提供的短期,无息贷款) 发生于进货时

notes payable

Notes payable are of both short and long terms, it require payment of interest that is stated separately on the face of the note or it may be deducted in advance from the face value.

应付票据有长期,短期之分,应付票据要求支付利息, 利息在票据的正面单独表述,或者从面值上预扣

utilities payable

Utilities expenses are such consumption of public facilities services as water, electricity, telephone services.

公用事业费是对公用事业服务:如水,电,电话等的消费

Wages/salaries payable

Wages refer to payments for employees’ services at an hourly or weekly rate or are calculated according to piece of work.

工资是指按小时,周,或计件工作发放给雇员的服务报酬

Taxes payable

It can include the sales taxes and income taxes Sales taxes: it states charge sales taxes on retail transactions.

对零售交易征收销售税

Income taxes: it is a kind of operation expense that reflects the amount paid to the central and local governments based on the income before taxes on the current year’s income statement

一种营业费用,反映企业依据本期利润表上的税前利润而向中央和地方政府交纳的款额

Exercises

3.1 interest-free

3.2 interest

3.3 expense

3.4 electricity

3.5 liability

3.6 office supplies 850

3.9 retail price=20000+20000*5%+20000*10%

 

 

 

Date: Mar. 21

Period: 2

Content：Unit 3 liabilities

Teaching aims:

1. learn the accounting for current liabilities

2. learn the accounting for bonds

3. learn the accounting treatment for long-term liabilities

Teaching focus:

5.    the major words and phrases

6.    accounting for current liabilities

7.    the accounting for bonds

8.    the accounting treatment for long-term liabilities

Teaching difficulties:

3.    the major words and phrases

4.    the accounting for bonds

Teaching procedures:

Step 1:

long-term liabilities

Long-term liabilities: long-term debt, it is obligation of a business that is due to be paid after one year or beyond the operating cycle, which includes long-term motes payable, bonds payable, mortgages payable, and obligations under capital leases.

非流动负债,也称为长期债务,是企业一年之后或下一个会计期间要偿还的债务,包括长期应付票据,应付债券,应付抵押账款以及融资租赁条件下的债务的记账情况

bonds payable

Bond: it is a security, representing money borrowed from the investor(the lender) by the issuer( the borrower), the borrower promises to pay a specific amount of interest periodically and repay the principal at the maturity date. It belongs to the long-term interest-bearing notes payable.

债券是一种证券,代表发行人 (借款人) 向投资者(放款人) 的借款, 借款人承诺定期地支付一定额度的利息,并在到期日偿还本金.债券一般属于长期附息应付票据

Type of the bonds

Ÿ According to the protection to the holders: the debentures ( unsecured bonds), the secured bonds ( mortgage bonds)按照对持有人的保护来分类:可分为信用债券 (无担保债券)和有保债券 (抵押债券)

Ÿ According to the way interest is paid: coupon bonds( unregistered bonds), registered bonds根据利息的支付方式进行分类: 可分为附息票债券和记名债券

Ÿ According to maturity: serial bonds, callable bonds, convertible bonds按照到期日进行划分:序列债券,可赎债券, 可转换债券

Bonds issued at face value: The face value of a bonds is usually $1000 or multiples of $1,000

按面值发行的债券:债券的面值通常为 $1,000 或数千美元

Bonds issued at a discount: when bonds are issued at a price lower than its face value, they are referred to as” issue at a discount”

折价发行的债券:当债券低于面值发行时被称为 折价发行

Bonds issued at a premium: when bonds have a face interest rate above the market rate for similar investments, they are issued at a price above at a price above the face value, or at a premium

溢价发行的债券:当债券的面值利率高于市场上类似投资的利率时,会高于面值发行或溢价发行  

Amortization of bonds

Ways of the amortization of bonds: the straight-line method and the effective interest method直线法和实际利息法

Amortization of bond discount

每个计息期折价摊销 =债券折价/付息总次数

每个计息期的利息成本 = 付息额 + 折价摊销

Amortization of bond premium

每个计息期溢价摊销 =债券溢价/付息总次数

每个计息期利息成本 = 付息额 –溢价摊销

Mortgages payable

A mortgage payable: it is a written promise to pay a stated sum of money in equal monthly installments.

它是一份书面的,每月分期支付一定款额的承诺

The difference between note payable and mortgages payable: it is the way which is applied, the money borrowed with a note can be used for any business purpose, mortgage money is usually related to a specific asset, typically real estate, each monthly payment includes interest on the debt and a reduction in the debt

抵押帐款和应付票据的不同:使用方法,使用票据借款可被用于任何经营目的而应付抵押款通常与特定的资产,尤其是房地产有关联,每月的支付包括债务利息及偿还债务

Step 2:  

Exercise

3.10 after   

3.11 interest, principal          

3.12 maturity 

3.13 equal monthly installments

3.14 operating, asset, long-term liability

3.18

每个记息期溢价摊销=债券溢价/付息总=1500/4=375

每个记息期成本=付息额-溢价摊销 =6000-375=5625

2002

April 1 cash       51500

2003

Mar. 31 bond interest expense 5625

课后教学效果自评:

This class finished basically according to the teaching plan. Most students answered the questions actively and finished carefully the tasks the teacher gave. Students can grasp the important points of this class.