The turnover sheet is a summary of turnovers, as well as balances (balances) of accounts for a certain period. It can be compiled separately for synthetic or analytical accounts. In this case, data for turnover sheets, as a rule, are taken from accounting accounts, where turnovers are calculated and new balances are displayed. After that, they already consistently fit into the statement itself.
Instructions
Step 1
The following, simplified procedure is possible for compiling a balance sheet with a balance sheet. The data for each account is processed. The purpose of processing is to calculate the debit and credit turnovers of all accounts in order to display the ending balances (balances).
Step 2
Create a systematic table of accounts. In the account table, place under the line the debit and credit turnovers on the same line (line) against each other. If there are no entries, underline the place for the turnover amount.
Step 3
Calculate the total turnovers of all available credit accounts, as well as the total turnovers on the debit of all accounts. The results should be equal among themselves.
Step 4
Then make up the final balance. To do this, look at the records for the accounts and enter in the table of the new balance sheet all the names of the accounts and the new ending balances (balances). This method does not cover the data of analytical accounts and is limited to the ratio of some balances on synthetic accounts, without affecting debit and credit turnovers. In turn, the summary of data on current accounting, compiled using turnover sheets, is devoid of such shortcomings.
Step 5
Then check that the calculated ending debit and credit balances are correct. To do this, add the debit turnover to the initial debit balance of all active accounts, and then subtract the credit turnover. After that, in passive accounts, add the credit turnover to the initial credit balance and subtract the debit turnover.
Step 6
If the received balance does not coincide with the transferred balance from the account, then you made a mistake in the account when withdrawing the balance.
Step 7
Calculate the grand total: opening balances, ending balances and turnovers. Record the results of the calculations below the line. In this case, in the circulating balance, you should get that the total total of the initial debit balances of all accounts must necessarily be equal to the total of the initial credit balances of all accounts.
