Accounting. Turnover, balance, chess statements (the most important)

Lecture notes, cheat sheets
Free library / Directory / Lecture notes, cheat sheets

Accounting. Turnover, balance, chess statements (the most important)

Lecture notes, cheat sheets

Table of contents (expand)

26. Turnover, balance, chess statements

Turnover statements called special tables in which the generalization and verification of the data of all accounting objects are carried out.

Turnover statements are compiled separately for synthetic and analytical accounts for each reporting period.

Turnover sheet for synthetic accounts - this is a table reflecting the turnover and balances of synthetic accounts, it is filled on the basis of the data of all synthetic accounts maintained by the enterprise. It contains the name of the synthetic account, its number (cipher), then three pairs of columns are given.

1. opening balance. The first pair of totals: the equality of the initial balance of debit and credit follows from the equality of the total assets and liabilities of the balance sheet at the beginning of the reporting period.

2. Turnovers (per month, quarter, half year, nine months, year). The second pair of results: the equality of debit and credit turnovers is due to the method of double entry of operations on accounts in the same amount.

3. ending balance. The third pair of totals: the equality of the final balances of debit and credit follows from the equalities of the first (equality of funds and sources) and the second pair (double entry method) of totals.

dual reflection - this is a record of a business transaction in the debit of one and in the credit of another account in the same amount. When automating accounting errors are excluded. Equality of the results of the turnover sheet are based on the dual reflection of business transactions in the accounts.

Errors that the turnover sheet does not reveal when recording a business transaction on accounts: - correct correspondence of accounts with the same incorrect amount;

▪ incorrect correspondence of invoices with the same correct amount;

▪ correspondence of accounts for a business transaction is not indicated.

The equality of the results of the turnover sheet with such errors is not violated.

The purpose of the turnover sheet for synthetic accounts is control: checking the completeness and correctness of the entries on the accounts.

To check the correctness of the entries on analytical accounts, the data of the turnover sheet for analytical accounts are compared with the data of their synthetic account - they must be equal.

The turnover sheet for analytical accounts includes natural and cost indicators or only cost indicators, depending on the structure of analytical accounts.

Feature of compiling a chess turnover sheet - it does not record the total totals of debit and credit turnovers of each account maintained at the enterprise, but each amount of correspondence of accounts for each business transaction. The amount of the business transaction is recorded once in the cell in which the corresponding accounts intersect: the debit of one and the credit of the other accounts - the double entry method is observed.

With manual accounting, the compilation of a chess turnover sheet is preferable, since it most fully provides its control function.

balance sheets - means of summarizing current accounting data. They contain data on the balances of accounting objects. They are used to control the security of the enterprise with inventories, as well as to verify the compliance of accounting data and the actual availability of the enterprise's inventories.

Author: Kabkova E.N.

<< Back: Chronological and systematic records

>> Forward: Forms of Accounting

We recommend interesting articles Section Lecture notes, cheat sheets:

▪ Geography. Crib

▪ Pedagogy. Lecture notes

▪ Philosophy. Crib

See other articles Section Lecture notes, cheat sheets.

Read and write useful comments on this article.

<< Back

Latest news of science and technology, new electronics:

The existence of an entropy rule for quantum entanglement has been proven 09.05.2024

Quantum mechanics continues to amaze us with its mysterious phenomena and unexpected discoveries. Recently, Bartosz Regula from the RIKEN Center for Quantum Computing and Ludovico Lamy from the University of Amsterdam presented a new discovery that concerns quantum entanglement and its relation to entropy. Quantum entanglement plays an important role in modern quantum information science and technology. However, the complexity of its structure makes understanding and managing it challenging. Regulus and Lamy's discovery shows that quantum entanglement follows an entropy rule similar to that for classical systems. This discovery opens new perspectives in the field of quantum information science and technology, deepening our understanding of quantum entanglement and its connection to thermodynamics. The results of the study indicate the possibility of reversibility of entanglement transformations, which could greatly simplify their use in various quantum technologies. Opening a new rule ... >>

Mini air conditioner Sony Reon Pocket 5 09.05.2024

Summer is a time for relaxation and travel, but often the heat can turn this time into an unbearable torment. Meet a new product from Sony - the Reon Pocket 5 mini-air conditioner, which promises to make summer more comfortable for its users. Sony has introduced a unique device - the Reon Pocket 5 mini-conditioner, which provides body cooling on hot days. With it, users can enjoy coolness anytime, anywhere by simply wearing it around their neck. This mini air conditioner is equipped with automatic adjustment of operating modes, as well as temperature and humidity sensors. Thanks to innovative technologies, Reon Pocket 5 adjusts its operation depending on the user's activity and environmental conditions. Users can easily adjust the temperature using a dedicated mobile app connected via Bluetooth. Additionally, specially designed T-shirts and shorts are available for convenience, to which a mini air conditioner can be attached. The device can oh ... >>

Energy from space for Starship 08.05.2024

Producing solar energy in space is becoming more feasible with the advent of new technologies and the development of space programs. The head of the startup Virtus Solis shared his vision of using SpaceX's Starship to create orbital power plants capable of powering the Earth. Startup Virtus Solis has unveiled an ambitious project to create orbital power plants using SpaceX's Starship. This idea could significantly change the field of solar energy production, making it more accessible and cheaper. The core of the startup's plan is to reduce the cost of launching satellites into space using Starship. This technological breakthrough is expected to make solar energy production in space more competitive with traditional energy sources. Virtual Solis plans to build large photovoltaic panels in orbit, using Starship to deliver the necessary equipment. However, one of the key challenges ... >>

Random news from the Archive

Super strong rayon 08.11.2022

Chinese researchers have found a new way to create ultra-strong mulberry rayon, which shows significantly higher strength than the strongest natural silk.

Silkworm silk is also widely used in biomedicine as a surgical material and in tests for tissue creation. Silk is a protein-based biopolymer with a unique combination of different physical properties. Silkworm silk has less strength than the strongest natural silk - spider web dragline silk, which makes up the main frame of the web.

Scientists have tried to inject spider DNA into silkworms to increase the tensile strength of their silk. Researchers at China's Tianjin University selected common silkworms, which are more affordable and manageable, to produce rayon.

The natural mulberry silk fiber consists of a core fiber coated with silk glue, which prevents the fibers from being spun for commercial use. The scientists placed silkworm silk in a chemical bath that could dissolve the glue, limiting the degradation of the silk proteins.

The experts said that the artificial fibers are smooth and strong and can withstand the load. They are 70% stronger than webs.

Structural analysis shows that the extreme strength can be attributed to the high crystallinity and small nanocrystals formed in the artificial fibers. Incorporating zinc ions into the fiber during spinning and drawing after spinning may also contribute to its superior mechanical properties, the researchers said.

Other interesting news:

▪ You can touch the hologram

▪ New Ethernet driver with de-emphasis

▪ More smart meters

▪ Electroluminescence

▪ Etiquette is in the genes

News feed of science and technology, new electronics

Interesting materials of the Free Technical Library:

▪ site section Power supplies. Article selection

▪ match article. History of invention and production

▪ article What is the eye made of? Detailed answer

▪ article Atomizer of an asphalt concrete plant. Standard instruction on labor protection

▪ article Portable electric spot welding machine. Encyclopedia of radio electronics and electrical engineering

▪ article Lighter for gas. Encyclopedia of radio electronics and electrical engineering

Leave your comment on this article:

All languages of this page

Home page | Library | Articles | Website map | Site Reviews