Debit the non-proceeds from special purpose fund detailed accounts under such subjects as business income, superior subsidy income, income turned over by subordinate units and other income, and credit the business balance account.
The superior is not allowed to transfer the business balance of the institution in the previous year to the balance distribution and then to the business fund. How to cancel? The original account line remains unchanged and is written off in red ink.
That is, the original account and the bookkeeping direction of receipts and payments remain unchanged, and the numbers are written in red, indicating negative numbers. In this way, you can rush back and re-enter the correct entry on the machine.
When the business balance is carried forward to the end of the year, the unit will transfer the undistributed balance of the current period to the business fund account.
Debit: business balance
Credit: Balance Distribution
meanwhile
Debit: Balance Distribution
Loans: public funds (general funds)
At the end of the period, where should institutions transfer the ending balance of various revenue and expenditure subjects? Please, everyone, the balance of 3Q funds.
What subject should the ending balance of retained earnings be carried forward to? 1. Retained income refers to the internal accumulation retained by the enterprise from the profits realized over the years, including surplus reserves and undistributed profits.
2. If there is a balance in the retained earnings at the end of the period, it can be further reduced without carrying forward.
(1) The surplus reserve balance can be used to cover losses and increase capital (share capital).
(2) The undistributed profit balance has two meanings: one is the profit left for future years; Second, there is no profit specified for a specific purpose. Compared with other parts of owners' equity, enterprises have greater autonomy in the use of undistributed profits. Smile and adopt, thank you!
At the end of the period, the balance of this account ("") should be transferred to the profit account of this year, and there is no balance in this account after the carry-over. A. Interest income B. Handling fee C. Exchange loss At the end of the period, the balance of this account ("A. Interest income B. Exchange loss C.") should be transferred to the profit account of this year, and there is no balance in this account after carry-over.
These three options are all secondary subjects under the financial expense account. Financial expenses belong to period expenses and profit and loss subjects, and there should be no balance at the end of the month.
Because of the loan, the income of the institution is less than the expenditure, and the balance is definitely negative. Is it necessary to transfer the balance distribution to the public fund? Commercial funds can be negative energy.
Or the balance of the negative part will not be carried forward, and it will be left in the business expenditure and then carried forward to the next year.
The business balance of the institution in the current year, whether it is voucher or negative, needs to be directly transferred to the "business fund" at the end of the year. Business balance refers to the balance of income and expenditure of public institutions except financial subsidies, non-financial special funds, operational income and expenditure in a certain period of time. A negative business balance indicates that the income of the current year cannot meet the expenditure.
Two, "business balance" subject no matter where the balance is, at the end of the year should be carried forward to the "non-financial subsidy balance distribution" subject, after the transfer of this subject has no balance. Negative (debit balance) carry-forward entry:
Debit: distribution of non-financial subsidy balance
Loan: business balance
Third, expand the package. If there is a debit balance in the company's "operating balance" account, it means an operating loss and will not be carried forward.
Please refer to the new Accounting System for Public Institutions for specific provisions and accounting (which is quite different from the old system).
When the institution carries forward at the end of the year, the business balance is positive and the business balance is negative. How to carry forward? Business balance refers to the amount of income and expenditure other than financial subsidies, non-financial special funds and operating income and expenditure in a certain period of time.
Business balance refers to the balance of current income and expenditure of public institutions except operating income and expenditure in a certain period of time.
The amount of business balance indicates the balance between income and expenditure in the process of professional business activities and auxiliary activities of public institutions. The calculation formula is: business balance = financial subsidy income+superior subsidy income+business income+contributions from affiliated units+other income-business expenses-subsidies to affiliated units-disbursement of funds-self-raised infrastructure-business tax (non-operating business).
The balance of public institutions is divided into: the balance of recurrent revenue and expenditure and the balance of special funds according to the different purposes of funds. The current balance of payments is divided into business balance and business balance according to the different channels of obtaining funds.
The year-end balance of public institutions, regardless of profit or loss, will be transferred to the balance distribution.
Operating balance should usually be transferred to balance distribution, but if it is a loss, it will not be carried forward.
The balance is positive, the carry-forward is the balance of each account, and the carry-forward of revenue and expenditure account is the year-end income distribution, which may be negative.
How is the business balance account settled? DR: Business income, financial subsidy income, superior subsidy income, contributions from affiliated units, operating income, etc. CR: business balance DR: business balance CR: the difference between business expenses and operating expenses. That is, the business balance is equivalent to this year's profit, no matter which side of the loan is the difference. For example, the difference is in the credit (all transferred to the balance distribution). Doctor: Business balance. CR: Balance Distribution-Income Tax (if any)-Withdraw the special fund, and then put all the undistributed balance into the business fund-general fund. DR: balanced distribution. CR: operating fund-general fund, account 308, balance distribution, 1. This course accounts for the situation and results of the balance distribution of institutions in the current year. 2. This course should generally set up detailed subjects such as income tax payable and special fund withdrawal. Units that pay income tax calculate the income tax payable, debit the subject (income tax payable) and credit the tax payable subject. Unit calculation should be extracted from the special fund, debit the subjects (extraction of special funds), credited to the special fund subjects. 3. At the end of the year, all the business balances and operating balances of the current year should be transferred to this account, and the business balances and operating balances should be debited to this account and credited to this account. 4. The credit balance of this account is undistributed balance. 5. After distribution, the unit shall transfer the undistributed balance of the current year to the general fund account, debit the subject and credit it to the general fund account. After carrying forward, there should be no balance in this account.