writer of the article Viboal Consulting
My name is Radu and I Vigi consultant Viboal Consulting, the Romanian accounting company.
Consider this article in a language course. At the end, you’re taking a Romanian master accounts. I try to translate technical language and is rather boring, easy to follow method to keep abreast of things. I will help you get answers to some basic questions related to understanding what the numbers mean the book of Romania. Education is the point to one of the fundamental accounting outputs to read – one month at the end of the trial balance. Accounting provides answers to many questions, but crucial, are: • What is my sales? • Are the business profit? • How much money do I have? • How much should I pay the short term? • How much money will I stand in the near future? If you are doing business in Romania or you are considering in Romania, it would probably be wise to respond to these fundamental questions and understand how the business develops. The financial statements are prepared in Romania only twice a year, so if you want to obtain timely information, you must learn how to pilot a Balance to read. Trial balance is prepared at the end of each month, but be warned – the book is just a form of research in history, so what you get at any time in recent months is at best cijfers. Romanian trial balance is normally four columns, which is divided into two parts: debits and credits. Think about the following way, spending balances, the company shows ownership, ie, things that the company spent the money, but the balances on credit side show that the money the company received the first from.The two columns of the original trial balance reflects the balance of their accounts, the next two columns of the monthly movements, the next two years reflect the beginning of movements like the rest of the original, the last two columns ending balances of your accounts. Balance is a collection of all accounts recording transactions, which are divided into categories. Romania is given for each account number and it is not unusual for auditors to only speak in connection with account numbers, you make life difficult. However, if you know some of the songs, you can eventually sort. I will suggest the best response to the key numbers from the number 7 questions.Accounts revenue notes and accounts begin with a number 70 points of sale, so if your total sales amount of records since 1970 and know this must be a turnover. So we can not in question. 1. An important aspect of the Romanian accounting rules is that we’re moving to income and expense in the profit and loss account at the end of each month, so never the Romanian trial balance similar to the balances in the account and income statements, which is class 6 and 7 accounts. If so, it means you are either incomplete or incorrect, the trial balance. Now, the question is. 2, “Is it my business to make profits?” If you check the bill 121, which is the profit and loss account. If the balance in the credit side, it means that your company makes a profit if the balance of the expenditure side, it means that your company is a loss. Another possibility to check the account balance of 121 is the right one, summed up all accounts of the number 7 and subtract the sum of all accounts starting at number 6, is the beginning of the columns. 7 Notes to income and expenses 6. If the quantities of Class 7 are higher than those in Class 6, you need relief – your company will also tick profit.We could not ask. 2. Moving on, if you want to know how much money you have in your hands. It’s easy – just the Ending Balance column to audit class 5, which values the expenditure side show. The result should answer the question unless you have a bank account to raise funds for discretionary use and built on money from your accountant into the greenhouse. Accountants usually do, it’s not their fault – they just follow two simple rules (each transaction is recorded in two accounts – so if you cash out your account and not to tell the auditor where it went, you’ll need an accountant, of course, assumes that it is a small greenhouse – which means you the money you have available). The next question is difficult, because the money is spent on the spread of a bucket of accounts (it is not surprising, because you have a lot of people pay – suppliers, employees, not to mention taxes). You can come up with an answer, check the accounts of category 4 and the trial balance by credit Ending Balance. Generally, all debts are recorded. You may also be short-term loans, thus adding the amounts in the second column from right to left put the class corresponding to 5 The last questions I will do is about money, that you stand received. 4 Check the class again, but this time to search for accounts in debit Ending Balance. These are the amounts the company expects cash in.
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