Main accounting treatment of other comprehensive income If the other comprehensive income of the investee changes, the investor shall adjust the book value of the long-term equity investment accordingly according to the part attributable to the enterprise, and at the same time increase or decrease other comprehensive income. Borrow: long-term equity
Investment - other comprehensive income loan: other comprehensive income or reverse. Relevant regulations (1) When the investor disposes all long-term equity investments accounted for by the equity method, the relevant other comprehensive income originally accounted for by the equity method shall be calculated when the equity method is terminated.
The same basis as the investee's direct disposal of relevant assets or liabilities is used for accounting treatment; if the investor partially disposes of the long-term equity investment accounted for by the equity method, and the remaining equity is still accounted for by the equity method, the relevant other comprehensive income originally accounted for by the equity method shall be accounted for using the equity method.
The same basis is used for the direct disposal of relevant assets or liabilities by the investee and carried forward on a proportional basis. (2) The part of the change caused by the investee's remeasurement of the net liabilities or net assets of the defined benefit plan shall be carried out by the investor on a proportional basis.
Confirmation: Debit: Long-term equity investment--Other comprehensive income Credit: Other comprehensive income When disposing (or reverse): Accounting treatment will be carried out on the same basis as when the invested unit disposes relevant assets or liabilities. (Cannot be transferred to profit or loss) Note: On the basis of fair value
Other comprehensive income corresponding to non-trading equity instruments whose value is measured and whose changes are included in other comprehensive income. How to record the financial products purchased by the company 1. Withdraw deposits from the company account: borrow: other monetary funds - deposit investment loans
: Bank deposits to purchase financial products: Borrow: Short-term investment loans: Other monetary funds--deposit investment funds to dispose of financial products: Borrow: Other monetary funds--deposit investment funds Loans: Short-term investment loans: Investment income (if lower than cost
If the price is higher, the investment income may be on the debit side) 2. If the company applies the new accounting standards, when purchasing, borrow: short-term investment loan: bank deposit redemption and generate income, borrow: bank deposit loan: investment income short-term investment. If you
Even larger enterprises can also use "trading financial assets" accounting. According to the provisions of the "Notice of the Ministry of Finance and the State Administration of Taxation on Taxation Issues of Securities Investment Funds" (Caishuizi [1998] No. 55), the purchase and sale of fund units
The price difference income obtained will not be levied until personal income tax is resumed on the price difference income from individual stock buying and selling; the dividends and bonus income from stocks and the interest income from corporate bonds obtained by investors from fund distribution will be levied by the listed companies.
Companies and bond-issuing enterprises shall withhold and pay 20% personal income tax when distributing dividends, dividends, and interest to the fund. When the fund distributes dividends, bonuses, and interest to individual investors, it will no longer withhold and pay personal income tax; for investors,
Personal income tax will not be levied on the interest on government bonds, interest on savings deposits and spreads on stock purchases until income tax is resumed on interest on interest on government bonds, interest on personal savings deposits and spreads on stock purchases and sales by individuals; no personal income tax will be levied on corporate bonds obtained by individual investors.
Individual investors should be levied personal income tax on the price difference income in accordance with the provisions of the tax law. How should the main accounting treatment of other comprehensive income be done? In the financial accounting of the enterprise, the long-term equity investment and other accounting subjects of the enterprise are accounted for, which involve other comprehensive income.
For accounting requirements, specific accounting and the processing of accounting entries, please refer to the introduction in our article above. For more articles on corporate accounting processing, please pay attention to the updates of the website.