Dear Prof. Stiner,
Thank you for your reply and your corrections of my English.
Homework Answers;
1. The Balance Sheet is one of principal financial statements.
It presents the financial position and a listing of assets, liabilities and stockholders’ equity at a fixed time in the company’s year.
2. Stockholders’ Equity generally comprises Contributed Capital and Retained Earnings in the U.S.
3. Short-term investments are one of current assets of Dell computers.
4. The value of short-term investments is cash equivalent, valuation basis.
5. Accounts payable is one of current liabilities of Nike.
6. The value of Accounts payable is acquisition.
7.
English |
Japanese |
accounts receivable |
Urikakekin |
assets |
Shisan |
balance sheet |
Taishaku taisho-hyo |
cash |
Genkin |
credit |
Kashikata |
current asset |
Ryudo Shisan |
current liability |
Ryudo Fusai |
debit |
Karikata |
dividend |
Rieki Haitokin |
double-entry |
Fukushiki Kinyu |
equipment |
Bihin |
Sincerely,
Yoshi