Accounting financial accounting. Accounting for settlements with participants (founders) for contributions to the authorized capital (the most important)

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

Accounting financial accounting. Accounting for settlements with participants (founders) for contributions to the authorized capital (the most important)

Lecture notes, cheat sheets

Directory / Lecture notes, cheat sheets

Comments on the article

Table of contents (expand)

15. ACCOUNTING OF SETTLEMENTS WITH PARTICIPANTS (FOUNDERS) ON CONTRIBUTIONS TO THE AUTHORIZED CAPITAL

Debts due to participants (founders) on contributions to the authorized capital are accrued upon the establishment of the company and must be repaid during the first year of operation. The status of settlements with the founders on contributions to the authorized capital is summarized as account 75 "Settlements with founders", intended to summarize information about all types of settlements with the founders of the organization: for contributions to the authorized (share) capital, for the payment of income, etc.

By account 75 can be opened sub-accounts: 75-1 "Settlements on contributions to the authorized (share) capital"; 75-2 "Calculations for the payment of income".

On the debit of sub-account 75-1 to account 75 upon the fact of creation (state registration) of the company, the amount of the authorized capital declared in the constituent documents is reflected - in correspondence with the credit of account 80 "Authorized capital". This entry accrues accounts receivable for the founders on contributions to the authorized (share) capital.

The credit of sub-account 75-1 reflects the value of actually received contributions of the founders - in correspondence with the debit of accounts for accounting for funds, as well as accounts 01 "Fixed assets", 04 "Intangible assets", 10 "Materials", etc., depending on the content of the contribution. Contributed material values are accounted for in the assessment by agreement of the founders, which is recorded in the constituent documents.

If the contribution is made property (cash), assessed in the constituent documents in foreign currency, then the debt on this deposit is accrued in rubles in the valuation of property at the official rate on the date of signing of the constituent documents. When capitalizing received property, it is valued in rubles at the official exchange rate on the date of capitalization. Exchange differences in the ruble valuation of this property that arose in connection with changes in exchange rates on the specified dates are reflected in account 75 in correspondence with account 83 “Additional capital”.

Provision by the founder as a contribution use rights buildings, structures and equipment is reflected in the entry on the credit of account 75 and the debit of account 04 "Intangible assets". At the same time, the balance sheet value of the said buildings, structures and equipment is accepted to the off-balance account 001 "Rented Fixed Assets".

Active-passive account 75 has a detailed balance. Subaccount 75-1 has a debit balance equal to the receivables for the founders on contributions to the authorized capital. During the first year of operation, this balance should become zero. Subaccount 75-2 has a credit balance equal to the organization's debt to the participants (founders) for the payment of income (dividends).

<< Back: Accounting for settlements with buyers and customers

>> Forward: Accounting for property and personal insurance settlements

We recommend interesting articles Section Lecture notes, cheat sheets:

▪ Competition. Crib

▪ Jurisprudence. Crib

▪ Financial management. 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

solar bike 15.09.2007

Canadian inventor Peter Sandper built a solar-powered bicycle. On top of the spokes in the wheels, he inserted solar panels, placed a battery on the trunk, the current from which feeds the electric motor built into the front wheel hub.

In clear weather, the charge is enough for three hours of driving at speeds up to 30 kilometers per hour (battery capacity - 17 ampere-hours). If the sun is not showing, you can charge the bike from the outlet.

Serial production has already begun.

Other interesting news:

▪ Multilevel magnetic recording based on skyrmions

▪ How to beat smartphone addiction

▪ APED3820PBC Blue LED

▪ Automation against pirates

▪ Smartphone case with airbags

News feed of science and technology, new electronics

Interesting materials of the Free Technical Library:

▪ section of the Electrician website. PUE. Article selection

▪ article Pinnacle Systems board and TV tuners - which is better for capturing? video art

▪ What happened in the USA during the era of the Conservative Revolution? Detailed answer

▪ article Sterculia sycamore. Legends, cultivation, methods of application

▪ article Two antennas for a range of 2 meters. Encyclopedia of radio electronics and electrical engineering

▪ article Microprocessor switch of audio signals. 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