In accordance with Russian law, the founder has the right to provide financial assistance to the organization on a gratuitous basis in an unlimited amount. Such assistance is carried out, as a rule, by making a contribution to the property of the enterprise.
Instructions
Step 1
Contributions to the property of the company are made in money, unless another method is provided for by the charter and other constituent documents. The obligation to contribute financial assistance from the founders can be one-time when creating a company or periodic, while the timing of the introduction is stipulated in the constituent documents. Contributions to the property of an organization cannot change the size and nominal value of the participants' shares in the authorized capital.
Step 2
Thus, the contributions of the founders of the company are a way of providing the organization of gratuitous financial assistance. This procedure is drawn up by fixing it in the minutes of the general meeting of participants.
Step 3
In accounting, the amounts of gratuitous financial assistance cannot be attributed to the income of the organization, since income is considered to be an increase in economic benefits as a result of the receipt of assets or the repayment of liabilities, leading to an increase in the capital of the enterprise, with the exception of contributions from participants.
Step 4
Therefore, for accounting purposes, the contributions of the founders are not property received free of charge, since they affect the value of net assets, on the basis of which the real value of the participants' shares is determined.
Step 5
To reflect financial assistance from the founders, account 75 "Settlements with founders" is debited and account 83 "Additional capital" is credited. This entry reflects the amount owed by the founders for contributions to the property of the organization on the basis of the general meeting of participants. The amounts received are credited to account 50 "Cashier" or account 51 "Current account" in correspondence with account 75 "Settlements with founders".
Step 6
Thus, gratuitous financial assistance from the founders is reflected in section 3 of the balance sheet "Capital and reserves" in the line "Additional capital".
