Accounting. Cash in special accounts (most important)

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

Accounting. Cash in special accounts (most important)

Lecture notes, cheat sheets

Table of contents (expand)

37. Cash in Special Accounts

Account 55 "Special bank accounts" is intended to summarize information on the availability and movement of funds in the currency of the Russian Federation and foreign currencies located on the territory of the Russian Federation and abroad, in letters of credit, check books, other payment documents (except bills of exchange), on current, special and other special accounts, and also on the movement of funds of targeted financing in that part of them that is subject to separate storage.

To account 55 "Special accounts in banks" sub-accounts can be opened:

55-1 "Letters of credit";

55-2 "Checkbooks";

55-3 “Deposit accounts”, etc..

On sub-account 55-1 "Letters of credit" the movement of funds held in letters of credit is taken into account.

The transfer of funds to letters of credit is reflected in the entry:

Debit account 55 "Special accounts in banks"

Credit of account 51 "Settlement accounts", 52 "Currency accounts", 66 "Settlements on short-term loans and borrowings", etc.

The write-off of funds in letters of credit is reflected in the entry:

Debit account 60 "Settlements with suppliers and contractors"

Credit of account 55 "Special bank accounts".

Unused funds in letters of credit after being restored by a credit institution to the account from which they were transferred are reflected in the credit of account 55 "Special accounts in banks" in correspondence with account 51 "Settlement accounts" or 52 "Currency accounts".

On sub-account 55-2 "Checkbooks" the movement of funds in checkbooks is taken into account.

1. Reflected the deposit of funds when issuing check books:

Debit of account 55 "Special accounts in banks" Credit of account 51 "Settlement accounts", 52 "Currency accounts", 66 "Settlements on short-term credits and loans".

2. The amounts on the checkbook received at the bank are written off as payment is made for the checks issued by the organization:

Debit account 76 "Settlements with different debtors and creditors"

Credit of account 55 "Special bank accounts".

Amounts on checks issued but not paid by a credit institution (not presented for payment) remain on account 55 "Special bank accounts". The balance on subaccount 55-2 "Checkbooks" must correspond to the balance on the statement of the credit institution.

On subaccount 55-3 "Deposit accounts" the movement of funds invested by the organization in bank and other deposits is taken into account.

The transfer of funds to deposits is reflected by the organization in the debit of account 55 "Special accounts in banks" in correspondence with account 51 "Settlement accounts" or 52 "Currency accounts".

Separate sub-accounts opened for account 55 "Special accounts in banks" take into account the movement of special-purpose financing funds stored separately in a credit institution.

Branches, representative offices and other structural subdivisions of the organization allocated to a separate balance sheet, which have current accounts in credit institutions for current expenses, reflect on a separate sub-account to account 55 "Special accounts in banks" the movement of these funds.

The presence and movement of funds in foreign currencies are accounted for on account 55 "Special accounts in banks" separately. Building analytical accounting on this account should provide the possibility of obtaining data on the availability and movement of funds in letters of credit, check books, deposits, etc. on the territory of the Russian Federation and abroad.

Author: Kabkova E.N.

<< Back: Cash in foreign currency accounts

>> Forward: Calculations with accountable persons

We recommend interesting articles Section Lecture notes, cheat sheets:

▪ History of Economic Thought. Lecture notes

▪ EU law. Crib

▪ History of world religions. 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

Smart Molecule Research 04.02.2013

Mental abilities are not limited to humans and animals. Scientists also talk about "smart" molecules that directly respond to external stimuli by changing their shape. Biophysicists from the Nanosystems Initiative Munich (NIM) research association of the Universities of Munich have demonstrated this process for the first time on a single molecule.

In the future, "smart" molecules can work as nanoswitches, reacting to changes in states, such as cold-hot, light-dark, changes in salt concentration, etc. Under given conditions, a specially selected molecule will change shape, giving a clear, unambiguous signal. Molecules with such properties can be found in various groups of elements, primarily among proteins and artificial polymers.

But before using "smart" molecules in practice, it is worth studying the properties of such compounds. Dr. Michael Nash from the group of prof. Hermann Gaub was the first to successfully carry out a reaction in which a change in the state of a molecule was visible. To do this, Dr. Nash and his colleagues placed their own artificial polymer on a gold surface using a scanning atomic force microscope. One end of the polymer was attached to the surface, the other end was attached to the microscope needle. When scientists increased the salt content in the substance surrounding the molecule, it began to gradually shrink.

"In a concentrated salt solution, the molecule shrank," says Dr. Nash. "When the concentration decreased, the molecule returned to its original size. In this study, for the first time, we were able to observe both processes in a single polymer molecule." Nanoswitches based on such molecules can be used in biosensors, drugs, chromatography, and many other areas.

Other interesting news:

▪ The unscientific diet of centenarians

▪ A new source of green energy

▪ Cold-resistant nickel-cadmium batteries

▪ Ecological production of rare earth elements from waste

▪ colored language

News feed of science and technology, new electronics

Interesting materials of the Free Technical Library:

▪ section of the site Stories from the life of radio amateurs. Selection of articles

▪ article School of slander. Popular expression

▪ article Which of the living organisms is the largest? Detailed answer

▪ article Diver working. Standard instruction on labor protection

▪ article Designation of conclusions of windings of electric motors of various types. Encyclopedia of radio electronics and electrical engineering

▪ article Up the slope. physical experiment

Leave your comment on this article:

All languages of this page

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