Accounting is an important and mandatory for every organization.One of its main functions is to draw up the balance sheet.This allows not only to determine the possibility of distribution of ownership of the enterprise, but also illustrates its value, and also allows us to determine the value of existing debt, the volume of the resulting output and sales profits.It should be noted that similar calculations can be made for each period under review, since all the data for that recorded in special books and described in detail in the report documentation.
Two components
balance is traditionally represented in the form of two basic categories.It is important to mark the fact that the number of both parts have to be equal.If it is not, it is advisable to consider two options: either in the course of calculations and computations accountant made a mistake or there is a poorly disguised so-called black accounts department.The solution to the first situation can be considered banal, but quite simple and prosaic scrutiny calculations.In that case, if there is a second situation, then what to do and how unlucky accountant, tell the staff all known state structures.
asset balance - a kind of indication of where and how to send the invested funds.In turn, the second category (otherwise known as a liability) illustrates the processes through which generated and distributed sources of funding for the organization.Thus, in general, the accounting consists of the following items: asset balance - a current and non-current assets;liabilities is in the form of capital and reserves and liabilities of all sorts.For a more accurate and complete understanding of the issue should be familiar with each of these items of financial operations in more detail.
Non-current assets
As mentioned earlier, the estimation of an asset is based on the balance of its two components.Regarded group includes fixed assets, intangible assets, construction in progress and the results of all kinds of long-term obligations such as.That they are the most important processes for forecasting and planning, as they provide a kind of support of each organization.
Revolving funds
important to remember that the balance of the asset - is also working capital.They usually consist of accounts receivable, financial investments and stocks.It should be noted that the accounting calculations also present a quantity called the "net assets in balance".It is understood as a real valuation of all property owned by the company.
Other articles
According to modern scientists, the asset balance - is not only the two above-mentioned categories.It also should be assigned points that are quite difficult to consider property.For example, VAT and prepaid expenses.
