The profit and loss statement, filled in according to form No. 2, is the second, after the balance sheet, in terms of the importance of the accounting statements of the enterprise. It reflects the success of the organization's economic activities at the end of the reporting period. The reflection of dividends in this report is a special procedure for an accountant.
It is necessary
Form No. 2 “Profit and Loss Statement”
Instructions
Step 1
Draw up the minutes of the meeting of the founders, at which the decision was made on the accrual of dividends in accordance with the accounting policy of the enterprise, as well as the accounting statement, which reflects the amounts of the amounts paid. Calculate the amount of net profit that will be used to pay dividends. Be guided for the reflection of this operation in accounting by the Chart of Accounts and the Accounting Regulations.
Step 2
Reflect in accounting the accrual of dividends on the debit of account 84 "Retained earnings" and credit of account 75 or 70. In the first case, the founders of the enterprise and third-party auctioneers receive income, and in the second, employees who own shares in the organization. Calculate income tax and reflect it in the 2-NDFL certificate and on sheet 3 of the Tax Return.
Step 3
Read paragraph 21 of PBU 4/99 "Financial statements of the enterprise" for drawing up the Profit and Loss Statement. It should reflect the calculation of the company's net profit for the reporting period. Show the amount of interim dividends in the income statement on the line "Current income tax" in parentheses with a minus sign. In this case, an entry is made in accounting with the credit of accounts 70 or 75 and the debit of account 99 "Profits and losses". The accrual of dividends at the end of the reporting period, according to the new forms of accounting statements for 2011, should not be reflected in the Profit and Loss Statement.
Step 4
Equalize the information of the Profit and Loss Statement for Form No. 2 and the balance sheet for Form No. 1, which differ at the end of the reporting period due to the non-reflection of dividends. To do this, in line 190 of form No. 2 "Net profit / loss of the reporting period", it is necessary to enter a value that is equal to the difference between the data of the end and the beginning of the reporting period of line 470 of form No. 1, increased by the amount of dividends paid.
