Balance sheet line 1250: Cash and cash equivalents

What does balance consist of?

A little theory about the balance sheet. The structure of the report is determined by two tables, one of which is called Asset, and the second - Liability.

Assets

Assets include all the assets of the enterprise that can be converted into cash equivalent. This could be premises, equipment, or vehicles owned by the company. An asset also includes those amounts that other enterprises owe to this one. All elements of the asset must be shown in monetary terms.

In simple words, this is everything that belongs to this enterprise.

An asset has its own structure. A fragment of it are non-current assets. This is the property of an enterprise, which it uses for a long time in order to successfully carry out its business activities. This category includes buildings, equipment, vehicles, etc.

The second fragment of the Asset structure is the current Asset. Its final indicator is the amount of funds that are used by a given enterprise for a relatively short time and require constant replenishment. This category includes materials, goods, raw materials, receivables that will be returned soon, etc.

Passive

The Passive is provided in order to display the sources from which the funds placed in the Asset come from. It also has its own classification and can consist of the following groups:

• raised funds (credits and borrowings);
• company's own capital;
• authorized capital;
• external obligations (debts to suppliers, taxes, etc.)

The passive has three main structural sections:

• All funds belonging to the founders of the company or the company itself are organized in the column “Capital and reserve funds”.
• The entire amount of debts that do not need to be paid in the near future, which will be paid within a period exceeding a year, form the section of “long-term liabilities”.
• Wages, debts to suppliers for goods, as well as accounts payable that must be paid in the near future form the “short-term liabilities” section.

Achieving equality between Assets and Liabilities is the main goal of drawing up a balance sheet. It is compiled according to Form 1 for the balance sheet, adopted by law for approval back in 2010. This reporting form is issued rather as an advisory document and may undergo changes related to the characteristics of the organization’s activities.

What is the balance currency?

The balance sheet currency is the total of the asset or liability of the balance sheet, formed by summing up non-current and current assets, OR capital and reserves, long-term and short-term liabilities.

The essence of filling out the balance and instructions

The formation of a balance sheet is carried out in the process of the entrepreneur filling out all the lines of the form intended for this, taking into account the subtleties and nuances of the activities carried out by the company.

Both halves of the document are formed by lines in which those indicators that characterize the financial position of the enterprise are entered separately.

Each line has its own serial number, and also shows the name of the indicator that is displayed in this line.

The total amount of the asset, taking into account the order of filling out the balance sheet, is found by summing up all the indicators in the lines of this balance sheet according to their sequence throughout the first two balance sheet sections.

An example of filling out an Asset in the balance sheet:

Next, using the same technique for filling out the balance sheet, that is, taking into account the hierarchical meaning of the indicators in the rows, the liability table is filled out.

Example of filling out the Liability Balance:

Sometimes an amount equal to zero may be entered in some lines, then this fact should be explained in the documents accompanying the balance sheet.

Amounts are reflected in the balance sheet taking into account the reduction of amounts by three or six zeros (in thousands or millions). So, if the value of real estate owned by a given company is 10,000,000 rubles, then this amount can be reflected in the balance sheet as 10,000 thousand. Some companies whose scale of activity is very large may use their own abbreviation that is convenient for them.

You can choose how to express the indicators when filling out the header of the balance sheet form:

Complete instructions on how to create a balance sheet for dummies can be seen in this video:

So, when answering how to draw up a balance sheet, you should consider its two main components - these are Asset and Liability, which are presented in two tables and are designed to display all the financial processes occurring within the company and in its interaction with other organizations, from the point of view view of the financial transaction itself, as well as its source.

Where is the balance sheet currency shown on the balance sheet?

In the balance sheet, the balance sheet currency is reflected in two places

1.On line 1600 “Balance” in the active part

Balance sheet currency in the asset balance sheet

2. On line 1700 “Balance” in the passive part of the balance sheet

Balance sheet currency in the liabilities side of the balance sheet

Thus, from the above example, you can see that the balance sheet currency at the end of the reporting period = 171,517 thousand rubles.

Balance due dates

According to the general rules, the balance sheet - Form 1 must be submitted as part of the reporting for the past year no later than March 31 of the following year. This deadline must be observed when submitting balance sheets and other forms to the Federal Tax Service and statistics.

In addition, under certain conditions, an audit report must be sent to Rosstat as an attachment. The deadline is set for ten days, but no later than December 31 of the following year.

Some organizations need to submit financial statements and publish them due to the type of activity they carry out, or according to other criteria defined by law. For example, tour operators must send their reports to Rostrud within three months from the date of their approval.

The legislation provides for separate deadlines for organizations that registered after September 30 of the reporting year. Due to the fact that their calendar year may be determined differently in this case, the due date may be set by such organizations on March 31 of the second year after the current one. For example, Rebus LLC received an extract from the Unified State Register of Legal Entities on October 25, 2017; the accounting report must be submitted for the first time on March 31, 2020.

Attention! Accounting statements are usually submitted based on the total for the year. However, it is possible to present it quarterly. In this case it is called intermediate. Such documentation is very often needed when applying for loans from banks, company owners, etc.

What's New in Accounting Laws 2020

In 2020, further amendments were made to the legislation, which also affected the presentation of financial statements. Some of them did not affect simplified financial statements, others are directly related to it.

IMPORTANT!

Changes to the accounting forms were introduced by Order of the Ministry of Finance of Russia dated April 19, 2019 No. 61n.

Information about the audit organization

This innovation does not apply to simplified accounting, since those who have the right to use the simplified method of preparing a balance sheet are not subject to mandatory audit. We will tell you below about who can apply the simplified balance sheet. And in the regular balance sheet it is now necessary to include information (name, tax identification number, registration number) about the organization that conducts the statutory audit.

Changes to PBU

PBU 18/02 has also undergone changes. As a result, amendments were made to the financial results statement to reflect changes in PBU 18/02. This also does not apply to simplified accounting, since small enterprises may not apply PBU 18/02, which is what they usually use. Namely, small businesses usually draw up a simplified balance sheet.

Units of measurement are unified

The balance must be drawn up only in thousands of rubles. The ability to enter data in millions is no longer available.

Submission to Rosstat

A pleasant innovation - from 2020 there is no need to submit a copy of the accounting report to Rosstat. But, in contrast to this, they introduced the obligation to submit balance sheets to regulatory authorities only in electronic form.

IMPORTANT!

Small businesses can report for 2020 on paper in 2020. The requirement for electronic submission for them will come into force only in 2021 (clause 4 of article 2 of the Federal Law of November 28, 2018 No. 444-FZ).

Where is it provided?

The provisions of federal laws establish that Form 1 balance sheet and Form 2 profit and loss statement, and in certain cases other forms, must be submitted:

• Federal Tax Service - reporting must be submitted at the place of registration of the company. Therefore, branches and other separate divisions do not submit it, and only the parent company submits consolidated statements. This must be done at the place where it is registered, taking into account these departments.
• Rosstat - currently submitting reports to statistical authorities is mandatory. If this is not done, then, just as in the first case, the company and officials may be held liable.
• For the founders and other owners of the company - this is due to the fact that each annual report of the organization must be approved by its owners.
• To other bodies, if the relevant regulations define such a duty.

Attention! Banks may be asked to provide reporting when applying for various types of loans and borrowings from them. Especially if you take out a loan to open or develop a business.

Currently, when concluding contracts, many large companies ask for Form 1 Balance Sheet, Form 2 Profit and Loss Statement. This should be done at the discretion of the company management.

However, at present, many specialized companies through which you can submit reports have a service that allows you to obtain all the necessary information about a partner according to his TIN or OGRN. This data is provided by the Federal Tax Service itself based on previously submitted reports.

How to fill out a balance sheet using Form 1

Title part

After the name of the form, it is indicated on what date it is being generated. The actual date of submission of the report must be entered in the table, in the line “Date (day, month, year)”. Next, the full name of the subject is written down, and opposite in the table is its OKPO code.

After this, his TIN is indicated on the next line in the table. Next, you need to indicate the main type of activity - first in words, and then in a table using the OKVED2 code. Then the organizational form and form of ownership are indicated.

On the contrary, the corresponding codes are entered in the table, for example:

• The code for LLC is 65.
• for private property - 16.

On the next line you need to choose in what units the data in the balance sheet is presented - in thousands or millions. The table displays the required OKEI code. The last line contains the address of the subject's location.

Fixed assets

Line “Intangible assets” 1110 is the balance of account 04 (except for R&D work) minus the balance of account 05.

Line “Research results” 1120 - account balance 04 for sub-accounts that reflect R&D;

Line “Intangible search requests” 1130 - account balance 08, subaccount of intangible costs for search work.

Line “Material search requests” 1140 – account balance 08, subaccount for the costs of material assets for search work.

Line “Fixed assets” 1150 - account balance 01 minus account balance 02.

Line “Income-bearing investments in MC” 1160 - the balance of account 03 minus the balance of account 02 in terms of accrued depreciation on assets related to income-generating investments.

Line “Financial investments” 1170 - account balance 58 minus account balance 59, as well as account balance 73 in terms of interest-bearing loans over 12 months.

Line “Deferred tax assets” 1180 - account balance 09, it is possible to reduce it by account balance 77.

Line “Other non-current assets” 1190 - other indicators that need to be reflected in the section, but they are not included in any line.

The line “Total for section” 1100 is the sum of lines from 1110 to 1190.

Current assets

Line “Inventories” 1210 - the sum of indicators is entered in the line:

• account balance 10 minus account balance 14, or account balances 15, 16
• Balances on production accounts: 20, 21, 23, 29, 44, 46
• Balances of goods on accounts 41 (minus the balance on account 42), 43
• account balance is 45.

Line “Value added tax” 1220 - account balance 19.

Line “Accounts receivable” 1230 - the sum of indicators is entered:

• Debit balances of accounts 62 and 76 minus the credit balance of account 63 in the subaccount “Reserves for long-term debts”;
• The debit balance of the account is 60 for advances made for the supply of products and services.
• Debit balance of account 76, subaccount “Insurance payments”;
• The debit balance of the account is 73, excluding the amounts of loans on which interest is accrued;
• Debit balance of account 58, subaccount “Granted loans for which interest is not accrued.”
• Debit account balance 75;
• Debit account balance 68, 69
• The debit balance of the account is 71.

Line “Financial investments” 1240 - the sum of indicators is entered:

• account balance 58 minus account balance 59;
• account balance 55, subaccount “Deposits”;
• account balance 73, subaccount “Loan settlements”.

Line “Cash” 1250 - the sum of account balances 50, 51, 52, 55, 57 is entered.

Line “Other current assets” 1260 - indicators that should be shown in the section, but were not included in any previous line.

The line “Total for section” 1200 is the sum for lines from 1210 to 1260.

Line “Balance” 1600 - the sum of lines 1100 and 1200.

Capital and reserves

Line “Authorized capital of the organization” 1310 - account balance 80.

Line “Own shares” 1320 - account balance 81.

Line “Revaluation of non-current assets” 1340 - account balance 83 in terms of the amounts of revaluation of fixed assets and intangible assets.

Line “Additional capital” 1350 – account balance 83 without the amounts of additional valuation of fixed assets and intangible assets.

Line “Reserve capital” 1360 - the sum of account balances 82, as well as 84 in terms of special funds.

Line “Retained earnings (uncovered loss)” 1370 - account balance 84 without special funds.

Line “Total for section” 1300 - the sum for lines 1310, as well as from 1340 to 1370 minus line 1320.

long term duties

Line “Borrowed funds” 1410 - account balance 67, including the amount of loans and interest accrued on them.

Line “Deferred tax liabilities” 1420 - account balance 77, it can be reduced by account balance 09.

Line “Estimated liabilities” 1430 - account balance 96 for the subaccount of estimated liabilities for more than 12 months.

Line “Other liabilities” 1450 - credit balances of accounts 60, 62, 68, 69, 70, 76 for which liabilities with a maturity period of more than 12 months are reflected.

Line “Total for section” 1400 - the sum for lines from 1410 to 1450.

Short-term liabilities

Line “Borrowed funds” 1510 - account balance 66, including loan amounts and interest accrued on them.

Line “Accounts payable” 1520 - The amount of indicators is entered in the court:

• Balances of accounts 60 and 76, which show the debt to suppliers and contractors;
• The balance on the credit of account 70, except for the debt on payment of income on shares and shares;
• The balance on the credit of the sub-account “Settlements on deposited amounts” of account 76;
• Credit balances of accounts 68 and 69;
• Account credit balance 71;
• Balances on the subaccounts “Calculations for claims” and “Calculations for property insurance” on account 76;
• Credit balances on accounts 76 and 62 for advances received;
• Credit balance on the subaccounts “Calculations for the payment of income” of account 75 and “Calculations of income for the payment of income on shares” of account 70

Line “Deferred income” 1530 - loan balances for accounts 86 and 98.

Line “Estimated liabilities” 1540 - balance from account 96 in the subaccount of estimated liabilities for less than 12 months;

Line “Other short-term liabilities” 1550 - other short-term liabilities that cannot be included in the previous terms of Section V.

The line “Total for section” 1500 is the sum for lines from 1510 to 1550.

Line “Balance” 1700 - the amount for lines 1300, 1400 and 1500.

Common mistakes when filling out a balance

When filling out a balance sheet, novice accountants often make the following mistakes:

• Accounts receivable and payable are shown as a collapsed indicator. This is a mistake - in the balance sheet you need to show separately the debt to debtors or creditors and separately - received or paid advances. Profits and losses should be reflected using the same principle.
• The amount of the advance received should not be reflected in pure form, but together with the VAT received with this payment.
• Fixed and intangible assets are reflected at historical cost. This is not true. These values ​​must be adjusted to the amount of accrued depreciation for each type of property.
• Interest-free loans are shown as part of financial investments. This is incorrect; they should be shown as part of accounts receivable by maturity.
• Negative indicators are written with a minus sign. According to the instructions for filling out the form, negative values ​​must be shown in parentheses without a minus.

03/20/2014 Magazine "Simplified"

Nasturtsia LLC, registered in 2013, applies the simplified tax system with the object of taxation being income minus expenses and keeps accounting records in full. The indicators of the accounting registers as of December 31, 2013 are shown in the table. Based on the available data, we will draw up a balance sheet for 2013 in a general form, and also, for comparison, in a simplified form.

For a sample of the completed balance sheet of Nasturtia LLC in the usual form and in a simplified form, see below.

In the header part of the form in the line “for___20__. » we indicate in each form: as of December 31, 2013. After this, we will enter the full name of the company, type of activity, organizational and legal form and form of ownership.

Next, the unnecessary unit of measurement must be crossed out. In our case, we will record indicators in thousands of rubles.

Let's not forget about the location of the company. We will write the address on this line. On the right, special fields reflect the codes.

Since the company was registered in 2013, in the last two columns of each balance sheet form there will be dashes instead of indicators.

Further, filling out the forms is different.

First, let's cross out the lines in column 1. This is possible, since the organization does not draw up explanations for the financial statements, the numbers of which are indicated in this column.

Next, we move on to the only column that requires filling out by the newly created organization. This is column 4, which reflects data as of December 31 of the reporting year, that is, 2013.

We find the indicator for line 1110 as follows: from the debit balance of account 04, subtract the credit balance 05. We get 96,660 rubles. (RUB 100,000 – RUB 3,340). We indicate all values ​​in the balance sheet in whole thousands, so in line 1110 we write 97.

In line 1170 we record the debit balance of the account 58 - 150 thousand rubles. (we believe that investments are long-term).

Total for line 1100: 97 (line 1110) 580 (line 1150) 150 (line 1170) = 827 thousand rubles.

Let's calculate the value of line 1210: debit balance of account 10 debit balance of account 43 = 17 thousand rubles. 90 thousand rubles. = 107 thousand rubles.

The indicator of line 1220 is equal to the debit balance of account 19, that is, we add 6 thousand rubles to the balance sheet.

Let's find the line indicator 1250 by adding the debit balance of account 50 and the debit balance of account 51 = 15 thousand rubles. 250 thousand rubles. = 265 thousand rubles. Write 265 in the line.

We calculate the total for line 1200: 107 thousand rubles. (line 1210) 6 thousand rubles. (line 1220) 265 thousand rubles. (line 1250) = 378 thousand rubles.

Line 1600, we summarize the indicators of lines 1100 and 1200: 827 thousand rubles. 378 thousand rubles. = 1205 thousand rubles.

In the remaining lines of column 4 we put dashes.

Line 1360 - credit balance of account 82. In our case, this is 10 thousand rubles.

In line 1370 we show account balance 84. We have it in credit. This means that the organization has a profit at the end of the year. Its value is 150 thousand rubles. There is no need to put the indicator in brackets.

We find the line indicator 1300: 50 thousand rubles. (line 1310) 10 thousand rubles. (line 1360) 150 thousand rubles. (line 1370) = 210 thousand rubles.

Let's determine the indicator for line 1520 (we assume that all debt is short-term): credit balance of account 60 credit balance of account 62 credit balance of account 69 credit balance of account 70 = 150 thousand rubles. 506 thousand rubles. 89 thousand rubles. 250 thousand rubles. = 995 thousand rubles.

We transfer the value of line 1520 to line 1500, since the other lines of section V of the balance sheet were not filled out.

The indicator for line 1700 is equal to the sum of lines 1300 and 1500: 210 thousand rubles. 995 thousand rubles. = 1205 thousand rubles.

We cross out the remaining lines of the passive.

Let’s compare the indicators of lines 1600 and 1700. In both lines the value is 1205 thousand rubles. The balance is correct, which means the form can be considered completed.

Here columns 2 and 3 of the form must be filled out. Let us remind you that column 2 must be added independently to reflect the line code. Column 3 will reflect the values ​​of the indicators.

The cost of fixed assets is 580 thousand rubles. will be reflected under the item “Tangible non-current assets”. Let's indicate the line code - 1150.

We will show intangible assets (97 thousand rubles) in the line “Intangible, financial and other non-current assets”. This also includes financial investments (we believe that they are all long-term) in the amount of 150 thousand rubles.

In the “Inventories” line we write the same indicator that was calculated for the general balance sheet form, since the rules for calculating and filling out this line are the same. That is, we reflect 107 thousand rubles. On the line we put the code 1210.

The line “Cash and cash equivalents” in our case includes only cash in the amount of 265 thousand rubles. The line code is 1250.

Of the current assets that were not reflected in the above balance sheet lines, the value added tax remains, so we will enter its amount (6 thousand rubles) in the line “Financial and other current assets” (line code - 1260).

The final indicator of the asset division (line 1600) is equal to the sum of completed lines 1150, 1170, 1210, 1250 and 1260.

And now the balance sheet liability. The authorized and reserve capital, as well as retained earnings, are reflected in one line “Capital and reserves”. The line amount is 210 thousand rubles. (50 thousand rubles. 10 thousand rubles. 150 thousand rubles). The line code is assigned to the indicator that has the largest share in the aggregated indicator. This is retained earnings. Therefore, the line code is 1370.

Next, you need to reflect accounts payable (short-term) debt. A special line has been allocated for it, in which we will put the code 1520. The amount is 995 thousand rubles.

In the remaining lines of column 3 of the liability, we will put dashes, since there are no indicators to fill out. In column 2 it is permissible to do the same. Or you can specify the code corresponding to the indicator.

The total indicator of the liability section (line 1700) is equal to the sum of lines 1370 and 1520.

Each form is signed by the head and chief accountant of the organization, and the date of signing is set.

In order for the company’s balance sheet to be accepted without problems by Rosstat and the Federal Tax Service of the Russian Federation, you must adhere to the following rules for filling it out:

1. You cannot submit a report if the liability and asset indicators differ by at least 1 kopeck. They must match completely.
2. The table must contain expanded data. Combining columns from different sections is not allowed.
3. Financial information at the beginning of a new reporting period must match the data from the previous document. Let’s say that by the end of 2017 the organization had assets left in the amount of 11 thousand rubles. The report for 2020 should start with exactly the same amount.
4. All numerical values ​​entered into the table are confirmed by documents - acts of reconciliation of mutual settlements with counterparties, inventory sheets, forms for the formation of reserves.

To be submitted to state statistics authorities, balance sheet lines must be encoded in a separate column of the report. The codes used in full form are given in Appendix 4 to the order of the Ministry of Finance of the Russian Federation dated July 2, 2010 No. 66n.

Example of filling out for 2020

To correctly draw up a balance sheet for 2020, it is worth using illustrative examples of how to fill it out.

Table 1 – Filling out the company’s non-current assets.

Table 2 – Procedure for depositing current assets.

Table 3 – Contributions of capital and reserves to the company.

Table 4 - Reflection of the company's long-term liabilities.

Table 5 – Entering short-term liabilities of the enterprise.

After distributing the balance sheet indicators from the balance sheet, the final parameters are calculated:

all assets reflected on line 1600: 4304565 + 7422765 = 11727330 thousand rubles; all liabilities on line 1700: 10348260 + 262767 + 1116303 = 11727330 thousand rubles.

The results obtained must be compared. If they are equal, then the document is drawn up correctly.

Specifics of filling out asset lines

How to prepare a balance sheet? An example of an algorithm for filling its asset may look like this.

Line 1110 involves reflecting information about the company’s intangible assets. They can be defined as the balance on the debit of account 04, from which the indicators on the credit of account 05 are subtracted.

Line 1120 suggests the inclusion of data relating to the results of research as well as development. In order to calculate this parameter, you need to determine the balance on the debit of account 04 in the part of the subaccount, which is called “R&D expenses”.

Line 1130 includes information about assets that are classified as intangible exploration assets. They can be determined on the basis of the balance on the debit of account 08 in the subaccount called “Intangible Exploration Assets”, reduced by the balance on the credit of account 05 in the subaccount “Depreciation and Impairment of Assets”.

Line 1140 records assets that fall into the category of material exploration assets. In order to obtain the corresponding figures, you need to subtract from the balance on the debit of account 08 in the subaccount called “Tangible Exploration Assets” the indicator on the credit of account 02 (under the subaccount called “Depreciation and Impairment”).

Line 1150 contains data reflecting fixed assets. They can be easily determined as the difference between the balance on the debit of account 01 and the corresponding indicator on the credit of account 02.

Line 1160 records information reflecting profitable investments. In order to determine them, you need to subtract from the balance on the debit of account 01 the corresponding indicator on the credit of account 02, but this time - from the subaccount “Depreciation of Income Investments”.

Line 1170 contains information about the company's financial investments. Determining the relevant indicators is somewhat more difficult. First you need to add up two balances - on the debit of accounts 58 and 55 (sub-account “Deposit accounts”). From the resulting amount, you need to subtract the credit balance on account 59, to which should be added the indicators on the debit of account 73 (sub-account “Settlements with personnel”).

Line 1180 records deferred tax assets. They are very easy to determine - like the balance under the debit of account 09.

Line 1190 reflects other non-current assets. Here you should enter numbers that belong to the corresponding category, but were not indicated in the document.

In line 1100 it is necessary to summarize the indicators of lines from 1110 to 1190. This will allow you to summarize the numbers in section 1 of the document.

Line 1210 records inventories. They can be determined on the basis of information reflecting the debit balance of such accounts as, for example, 10, 11, 41, and 43.

Line 1220 includes data reflecting VAT on purchased assets. The corresponding figures are easy to find based on the balance indicators on the debit of account 19.

Line 1230 records accounts receivable. It is calculated as the difference between the balance on the debits of such accounts as, for example, 60 and 76 and the corresponding indicator on the credit of account 63.

Line 1240 reflects data regarding financial investments. The formula for determining the corresponding numbers is quite complex. First you need to add up the balance indicators for the debits of accounts 55 and 58, then subtract from them the figures obtained by adding the balances for the credit of account 59 and the debit of account 73. It is important to take into account indicators only for short-term investments and loans.

Line 1250 reflects data on cash and equivalents. They can be found out based on the balance indicators of the debits of such accounts as, for example, 50, 51, 52, and also 57.

Line 1260 records other non-current assets - those that were not included in the section.

Line 1200 indicates the figure that needs to be obtained by adding the indicators in lines 1210 to 1260.

After this, in line 1600 it is necessary to sum up lines from 1100 to 1200, resulting in a balance indicator.

Now let's study how the liability side of the balance sheet is filled out.

Specifics of filling out the passive

Line 1310 records indicators reflecting the authorized (or share capital - with the appropriate organizational and legal form of the business) capital. It can be easily determined based on the credit balance of account 80.

Line 1320 contains numbers reflecting the company's own shares, which were purchased from their holders. They are easy to obtain based on the balance indicators of the debit of account 81.

Line 1340 includes figures reflecting the revaluation of non-current assets. They can be determined on the basis of the balance on the credit of account 83 (sub-account, which is referred to as “Additional valuation of property”).

Line 1350 records data regarding additional capital without revaluation. In order to determine them, you need to subtract the corresponding amounts of fixed assets and intangible assets from the balance on the loan of account 83.

Line 1360 records the figures for reserve capital. In order to determine them, you need to add up the balance on the loans of accounts 82 and 84. In the first case, you do not need to take into account special funds, in the second you do.

Line 1370 reflects retained earnings (or uncovered loss). Calculation of the corresponding figures depends on whether the accountant is dealing with profits or losses. In the first case, the figures are obtained based on the credit balance of account 84, in the second - on the basis of the debit.

In line 1300 the total is recorded, reflecting the indicators for section 3. In order to calculate it, you need to subtract the sum of the indicators for points 1320, 1340, 1350, 1360, and 1370 from the figures on line 1310.

Next, we move on to borrowed funds, which are recorded in line 1410. Their value can be easily determined based on the balance indicators on the loan of account 67 (data reflecting long-term funds).

Deferred tax liabilities are recorded in line 1420. They can be easily determined based on the balance indicators for the credit of account 77.

Estimated liabilities are reflected in line 1430. They can be taken from the credit balance of account 96.

Line 1450 contains information on other obligations - those that were not reflected in the document.

Line 1400 records the sum of indicators for lines 1410 to 1450.

Line 1510 includes figures relating to borrowed funds - but this time short-term. They can be found out based on the balance indicators for the credit of accounts 66 and 67.

The company's accounts payable is recorded on account 1520. It can be calculated by adding up the balances of loans from several accounts, namely 60, 62, 68, 69, 70, 71, 73, 75, and 76.

Line 1530 reflects deferred income. They can be determined by adding the balance indicators for the loans of accounts 98 and 86.

Line 1540 records the figures relating to the company's estimated liabilities. They can be determined on the basis of data reflecting the balance indicators on the credit of account 96.

Line 1550 reflects other obligations that are not specified in the document.

As soon as all the balance sheet accounts necessary to fill out the Liability section have been taken into account, you can calculate the results for the section by adding the indicators of lines from 1510 to 1550.

After all the above operations, the indicators of lines 1300, 1400, and 1500 are summed up, resulting in the balance being calculated. The corresponding figure must be indicated in line 1700.

Simplified balance sheet form: features of filling out an asset

Let us now study how, in practice, a simplified balance sheet can be filled out. A sample algorithm for compiling a corresponding document may look like this.

As with a standard balance sheet, we'll start with the asset numbers.

The first indicator will be recorded in line 1150. As we remember, it reflects non-current assets classified as tangible. We know where to get the numbers from. It can also be noted that this line records information regarding the residual value of fixed assets and figures for unfinished investments in them.

The next line reflects intangible assets. It may be noted that the information in it may reflect information presented in several points of the standard balance sheet, namely 1110, 1120, 1130, 1140, 1160, 1180, and 1190.

The next line items on the simplified balance sheet, inventories and cash and equivalents, are almost exactly the same as items 1210 and 1250 on the regular balance sheet.

The next line records assets - financial and other. It can use code 1220 (that is, reflecting VAT), 1230 (receivables), 1240 (investments), or 1260 - other assets.

The Asset ends with line 1600 - that is, a balance sheet that summarizes the relevant indicators.

• Aggregated balance
• Balance without adjustments
• Balance with speed
• Dynamics of revolutions
• Balance by currency
• 101 shapes
• Interest balance

The page shows the bank's balance sheet grouped by main items.
Clicking on any amount displays details on accounts of the 2nd order. To compare with another date, select it from the list, to view the graph, click on the icon on the right (will open in a new window, requires flash player installed). You can also familiarize yourself with the methodology for grouping accounts by balance sheet items. In this version of the balance sheet, the following analytical adjustments are used relative to the initial data f. 101: - reserves for overdue loans, which according to 385-P are not divided into loans to legal entities and individuals, are divided in proportion to the balance of overdue loans for legal entities, individuals and individual entrepreneurs. This method gives some error, but still makes it possible to more adequately estimate the reserve rate.

You can also familiarize yourself with the methodology for grouping accounts by balance sheet items.

Simplified balance: nuances of filling out liabilities

Next, we draw up a liability, which also contains a simplified balance sheet. A sample algorithm for filling it out might look like this.

The liability of the corresponding type of balance consists of 6 indicators. The first records the data corresponding to section 3 in the standard form of the document.

The next 2 lines contain information reflecting data on the company's long-term liabilities. Clause 1410 records borrowed funds with a repayment period of 1 year or more. Line 1410 contains loans of other types, which also need to be paid for longer than 12 months.

Line 1510 records information about short-term loans, paragraph 1520 should contain figures for accounts payable. Indicators for other obligations should be reflected in line 1150.

Point 1700 summarizes all liability indicators.

Now we have examined both schemes, allowing us to answer the question of how to draw up a balance sheet. The example of an algorithm for filling out a corresponding document in a standard format, which we considered, is simple and logical. A simplified balance sheet scheme is also quite conveniently structured.

Applications

In some cases, one or another supplement to the balance sheet may be used. The legislation of the Russian Federation provides for several types of the corresponding document. All of them are presented in the form:

— statement of changes in capital;

— cash flow report;

— report on the intended use of funds.

A specific appendix to the balance sheet can be used based on the specifics of the activities of the enterprise that prepares the appropriate type of reporting. It is possible to use a number of additional documents when preparing the corresponding source. Among these is an explanatory note on the balance sheet. In particular, it deciphers balance sheet indicators, which can significantly increase the loyalty of organizations checking the document.

It is extremely important to correctly fill out the document in question. An assessment of an organization's balance sheet can be made not only by government agencies, but also by interested partners of the company - creditors, investors. It is important that they have at their disposal figures that reflect the real state of affairs in the company.

The balance sheet is a statement that is mandatory for almost every enterprise. This document is necessary to fully reflect the processes that take place within the company, but not everyone has an idea of ​​how to draw it up correctly. This issue is especially relevant for people who have just registered an enterprise and are faced with such a procedure for the first time. Let's look at this question in our article using an example for dummies and try to formulate a number of recommendations that can help in drawing up a balance sheet.

Technique and procedure for drawing up a balance sheet

The balance sheet is formed by the responsible person while filling out individual lines of the form. When filling out, it is necessary to take into account the specifics of the company’s activities, as well as correctly distribute the indicators.

Both report tables include lines that indicate indicators characterizing the financial position of the company and each has a separate serial number with the name of the position.

The total amount of the asset is formed based on the entered indicators by adding them up:

The liability side of the balance sheet is filled in using the same principle:

If a zero indicator is entered in separate lines of the balance sheet, then this fact should be reflected in the accompanying documentation. When filling out, designations in thousands or millions of rubles are used. The choice of indicator is determined in the header of the form when filling out the balance:

Drawing up a balance sheet is quite simple if you have an idea of ​​the rules for its formation, as well as take into account the features and nuances of the distribution of assets and liabilities of the company.

Balance sheet: basic information

The balance sheet is the most important component of the corresponding type of reporting of Russian enterprises to government agencies. Information from the form on which it is filled out can give a very balanced and objective assessment of the state of affairs in the business, as well as serve as an informative resource from the point of view of planning the company's development. The balance sheet form (form) was approved by the Ministry of Finance of the Russian Federation in Order No. 66N, issued on July 2, 2010.