The procedure for writing off from the balance of shares and...

The order of writing off the balance of shares and bonds from investors

The retirement of shares and bonds from investors is carried out for various reasons, and the most common one is the sale of securities. In investor accounting, the sale of shares and bonds is accompanied by the implementation of records using account 91 "Other income and expenses". The sale of securities takes place on the basis of a contract, which establishes the selling price. As always, it can be higher or lower than the book value of securities. In addition, on account 91 Other income and expenses expenses associated with the sale of shares or bonds should be indicated. Then the corresponding entries will look like this:

1. The amount of proceeds from the sale of securities at an agreed price:

D accounts 76 "Settlements with different debtors and creditors" - To account 91, "Other income and expenses."

2. Write-off of securities from the balance of the organization:

D accounts 91 Other income and expenses - To account 58 "Financial attachments".

3. The amount of commission to the intermediary:

D accounts 76 "Settlements with different debtors and creditors" - To account 91, "Other income and expenses."

4. The amount of the financial result from the positive sale of securities:

D accounts 91 Other income and expenses - To account 99 "Gains and losses."

The financial result for corporate securities is calculated as the difference between the sale price and the carrying amount without taking into account the costs associated with their sale. The retirement of shares and bonds from investors can occur through donation or other gratuitous transfer. This is accompanied by write-off of the cost of shares and bonds at their own expense.

1. The amount of write-off of securities from the balance:

D accounts 91 Other income and expenses - To account 51 Settlement accounts & quot ;.

2. The amount of gratuitously transferred valuables at the expense of the organization:

D accounts 99 Profits and losses - To account 91, "Other income and expenses."

Disposal of shares and bonds from investors occurs with the transfer of them as a contribution to the authorized capital. The transfer of shares and bonds as a contribution to the charter capital may be carried out at the book value using appropriate sub-accounts and at an estimated value that can be above or below the book value.

1. The amount of contribution to the charter capital at book value:

D Accounts 58 Financial Attachments - To account 51 Settlement accounts & quot ;.

2. Write-off of the book value of securities, the value of which is below book value:

D accounts 91 Other income and expenses - To account 58 "Financial attachments";

D Accounts 58 Financial Attachments - To account 91 "Other income and expenses";

D accounts 99 Profits and losses - To account 91, "Other income and expenses."

3. Write-off of the book value of securities whose value is higher than the book value:

D accounts 91 Other income and expenses - To account 58 "Financial attachments";

D Accounts 58 Financial Attachments - To account 91 "Other income and expenses";

D accounts 91 Other income and expenses - To account 99 "Gains and losses."

Disposal of shares and bonds from the investor may occur due to the use of securities as a plan

a means to cover accounts payable.

1. The amount of securities retirement at book value:

D accounts 91 Other income and expenses - To account 58

Financial Attachments .

2. Amount of payables payable:

D accounts 76 "Settlements with different debtors and creditors" - To account 91, "Other income and expenses."

3. The amount of the negative financial result:

D accounts 99 Profits and losses - To account 91, "Other income and expenses."

A negative result for this transaction is not accepted for tax purposes.

Accounting for income on shares and bonds. Dividends on shares held by investors relate to operating income, and in accounting, income is recorded on account 91's credit. "Other income and expenses" when declaring a dividend by the issuer.

1. The amount of dividends declared by the issuer:

D accounts 84 & "Retained earnings (uncovered loss) - To account 75 Settlements with founders & quot ;.

2. The amount of dividends received:

D accounts 75 Settlements with founders - To account 51 Settlement accounts & quot ;.

In a similar way, transactions in the system of accounting for obtaining income on preferred shares and bonds are reflected in the accounting system.

The issuing organization performs settlements with the founders for dividends through the following postings.

1. Dividends were not distributed to employees, but to the participants of the issuing organization:

D accounts 84 & "Retained earnings (uncovered loss) - To account 75 Settlements with founders & quot ;.

2. Dividends were accrued to employees and participants of the organization:

D accounts 84 & "Retained earnings (uncovered loss) - To account 70 "Settlements with staff for remuneration of labor."

3. The calculations were made with the participants:

D accounts 70 Payroll staff calculations & quot ;, 75 Settlement with founders - To accounts 50 "Cashier", 51 "Settlement accounts".

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