Advice 1: How to determine the debit and credit

Organizations that carry out their activity on the territory of the Russian Federation, must keep accounting records. As a rule, all economic transactions are recorded using double-entry that contains a debit and credit.
How to determine the debit and credit
Instruction
1
To determine where the debit and the credit, look for a business transaction. As a rule, the debit reflects the amount that needs you, and the loan is what you need. For example, you work with any contractors. The amount that you must pay for the goods, will be reflected in the loanthe my balance. In that case, if customers owe you, the debt will be taken into account on the debitE.
2
If you see a log of business transactions please note that all transactions are registered twice, that is will be the name of the movement, and then two columns. To determine which one is debitand which is creditenough to know that the debit is always recorded on the left side and credit on the right.
3
To determine the debit and credit, you should know that if the account is active or active-passive, increase debitof the lateral balance leads to an increase of the assets of the organization. While the increase in creditand in these accounts leads to a decrease in the value of the property.
4
In that case, if the account is passive, the increase in the debitbalance of ovogo leads to a decrease in sources of the organization. Conversely, if increased creditmarketing balance, it means an increase in sources of the organization.
5
If you want to register the transaction in the General Ledger, you must first formulate the transaction, that is to break the operation in the debit and credit. Carefully consider the essence of the operation. For example, you sold the item to buyer's address. Formed receivables (that is, you are), it is necessary to reflect on the debitthe my account as a credite reflected your debt. So, the debitfrom the account 62 "Settlements with buyers". For the loanu need also to reflect that operation, otherwise the balance will not go. Determine what accounts are gone. From shows that was to sell, so a loane specify the account 90 "Sales".

Advice 2 : How to find balance

Balance (balance) is the main term of accounting. Specialist amounts of the balances on the accounts of the company will assess its economic condition. Understanding how balance is considered, you must calculate the remaining amount of the salary or the balance of the Bank account.
How to find balance
Instruction
1
Accounts for which the accounting is carried out in the organization, can be of three types: active, passive, and a composite active-passive. Accordingly, the balance for each account type is considered for different algorithms. The bookkeeping balance consists of a debit and credit.
2
Balance is always tied to a specific period. In the "pre-computer" era accounting period was a month. Balance primary was postponed from the end of last month, and consider the balance end of the current month had to manually. Now the accounting programs remains displayed on an arbitrary date.
3
An active account. The reporting period begins with accounts that have debit balances (Dbname). Receipt to this account reflect the turnover of debit (Dbopit), and the disposal is in circulation on the loan (Crobat). Ends the reporting period, the counting of the turnover on the debit and the credit and withdrawal ending balance (Dbconnect), which then go into the next reporting month:Dbconnect = Dbname + Dboost – Crobat
4
The reporting period starts from the accounts with credit balances (Krycha). Receipt to this account reflect the turnover on the loan (Crobat), and the disposal is in circulation on the debit side (Dbopit). Ends the reporting period, the calculation of turnover of credit and debit and the terminal end balance (Cranes), which then go into the next reporting month:Cranes = Krachao + Crobat – Dboost
5
Active-passive account. Such accounts, balance has a debit and a credit part. The ending balance appears as follows:If the amount Dbacl – Cracula + Dboost – Crobat greater than zero, it is put in the ending balance on the debit side, the loan is written zero. Otherwise, the minus is removed and the resulting sum is written in the final credit balance, the debit is written zero.
6
In real accounting, each account is assigned its own role. For example, account "Salary". Here the accounting period is often a month. Opening balance for each account is lost, the salary of last month (the debt company), or too much salary in the last month (duty for an employee). Accordingly, it is a debit and a credit part of the opening balance. Count balance ending (in fact, the salary of the current month) to the scheme:a Debt company – Debt for employee + accrued – Deducted.If you get a positive result, you have something to this month.
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