一、（20％）

    The Swathmore Clothing Corporation grants its customers 30 days' credit.
The company uses the allowance method for its uncollectible accounts receivable
During the year , a monthly bad accrual is made by multiplying 3% times the
amount of credit sales for the month.At the fiscal year-end of Dec 31. an aging
of accounts receivable schedule is prepared and the allowance for uncollectible
accounts is adjusted accordingly.
    At the end of 1996, accounts receivable were $574.000 and the allowance
account had a credit balance of $54.000 .Accounts receivable activity for 1997
was as follows:

  Beginning balance           $  574.000
  Credit sales                 2.620.000
  Colletcions                 (2.483.000)
  Write-offs                     (68.000)
                              ___________
  Ending balance              $  643.000
                                 =======

    The company's controller prepared the following aging summary of year-end
accounts receivable:

                                Summary

  Age group                    Amount                Percent Uncollectible
  0-60 days                   $430.000                       4%
  61-90 days                    98.000                      15
  91-120 days                   60.000                      25
  Over 120 days                 55.000                      40
                              ________
  Total                       $643.000

  Required:

    1.Prepared a summary journal entry to record the monthly bad debt accrual
      and the write-offs during the year.
    2.Prepare the necessary year-end adjusting entry fo bad debt expense.
    3.What is total bad debt expensefor 1997?How would accounts receivable
      appear in 1997 balance sheet?

二、（20％）

    金方公司與安方公司於二月完成下列交易：
    2月6日  金方公司賒消商品＄12.600，付款條件2/10，N/30。此外，金方公司
            代付賒銷之運費＄1.000。金方公司的這些商品成本為＄8.200。
      10日  安方公司退回2月6日購買的商品＄1.800（對金方公司而言，成本為
            ＄1.080）。
      15日  安方公司支付2月6日賒購之欠款＄6.000。此金額不包括運費。
      27日  安方公司支付2月6日賒購欠款之餘額。

    試作：（1）金方公司之分錄（永續盤存制）
          （2）安方公司的分錄（定期盤存制）

三、（20％）

    設大業公司平時每月平均耗用文具紙張等用品＄4.800，該公司為
    方便及避免零星購買增加費用起見，特於民國76年10月16日一次
    購入＄28.800，於12月31日結算時，未耗用部分，必須加以調整，
    試分別依記實轉虛及記虛轉實兩法，作下列分錄：

    1.購入時的分錄
    2.年終調整時分錄
    3.年終結帳時分錄
    4.次年初迴轉分錄

四、（20％）

    Prepare general journal entries to record the following transactions:

  Aug. 14  Sold goods on account to V.Moyer, $3.900.
  Dec.  2  Received a $3.900 , 180-day, 10-percent note from V.Moyer in
           satisfaction of his past-due account receivable.
       30  Sold the Moyer note by discounting it to a bank at 15 percent.
          (Use a 360-day year, and round amounts to the nearest dollar.)

    Write the note to disclose the contingent liability at December 31.