The balance sheet currency determines the total amount of economic liabilities of the organization to counterparties arising at the end of the reporting period. This indicator is present in both the active and passive parts of the financial statements. In this regard, to calculate the balance sheet currency, you must first fill in the Balance sheet in the form No. 1.
Instructions
Step 1
Enter the data in section 1 of the Balance Sheet, which is devoted to non-current assets. It contains information on balances on intangible assets (line 110), fixed assets (line 120), construction in progress (line 130), income investments in tangible assets (line 135), long-term financial additions (line 140), deferred financial assets (line 145) and other non-current assets (line 150). In this case, the calculation is carried out on the debit and credit of the corresponding accounts at the beginning and end of the reporting period, taking into account the depreciation deductions. Summarize section 1 and enter that value on line 190.
Step 2
Fill in section 2 "Current assets", which contains information about the balances of stocks, raw materials, materials, products, goods, expenses, cash, accounts receivable and other data on current assets at the beginning and end of the reporting period. Calculate the sum of the balances on lines 210-270 and enter the resulting value on line 290.
Step 3
Calculate the currency of the balance sheet of the enterprise according to the assets and enter its value in line 300 of the financial statements. To do this, add up the values of line 190 and line 290.
Step 4
Check the correctness of the calculations by filling in the passive part of the balance. Complete section 3 “Capital and reserves”, section 4 “Early liabilities”, section 5 “Current liabilities”. Trim the corresponding totals by section and enter the amounts received in lines 490, 590 and 690.
Step 5
Sum up the obtained values and enter in line 700, which should coincide with the amount indicated in line 300. Otherwise, check the entered data in the reporting and correct errors. The equality of the amounts will indicate that the calculation of the balance sheet currency has been performed correctly.
