The mechanism of recording transactions in capital accounts

In order to clarify the assessment of certain types of assets, liabilities and sources of equity capital to open a permanent balance sheet accounts contra account. By appointment contra account are regulatory. Kontrarnye regulatory accounts, estimates for the permanent account balance to decrease and the balance recorded a minus sign. Kontraktivnye reflected on the asset side, rear passive - on the side of liabilities or equity. Therefore, if a constant balance account, which regulates open an account is active, kontrarnyh to it will be passive and will be called kontraktivny, ie he is opposed to an active account. If the permanent passive balance account, the regulatory bill, opposed him, will be active and will be called passive counter. To account for time-related income and expenses of the bank. Accounting for costs of the bank is on the elements and revenue - by species. Spending accounts - these are active accounts used to account for the accumulation of the cost of their items for: the full reporting period. Account of income is passive accounts, which are designed to account for the accumulation of income by type for: the full reporting period. they are called time-that at the end of the full accounting period, they should be closed. The mechanism of closure of these accounts are subject to the financial results for the calendar year that has passed. The balance of accounts to record revenues (Account sixth grade credit) accounts and cost accounting (accounts seventh grade, the resolution) is transferred to the account "The results of this year, pending approval." If at the end of the accounting procedures for balance in this account credit, it means that the bank made a profit, and vice versa, if a debit balance, this is evidence of the damage. Topic: The role of accounting in the management of the bank, its types and destination