Offset is the unsold part of inventory. If 60% is sold, then the unsold part is 40%, and offset is the remaining part. The offset adjustment of internal transactions should be different from the offset adjustment of evaluating appreciation or impairment at the time of initial investment. It is the realized part, that is, the part that has been sold or depreciated, that evaluates the adjustment of appreciation or impairment. Internal transaction offset adjusts unrealized gains and losses, that is, the unsold part.
The profit and loss of the securities business department refers to the profit and loss formed after various financial revenues offset various financial expenditures in the course of business operation. In a certain period of time, the difference between operating income and operating expenses is the final result of the operation of the sales department. Income exceeds expenditure, which is the net profit of the sales department; On the contrary, it is a pure loss.
relevant information
According to the provisions of the enterprise accounting system, the balance of profit and loss subjects should be transferred to the "profit of this year" subject at the end of the period. After carry-forward, the ending balance of profit and loss account is zero. In addition, the "previous year's profit and loss adjustment" account also belongs to the profit and loss category, but because it accounts for the profit and loss adjustment of the previous year, not the profit and loss of the current year.
Therefore, according to the accounting standards for business enterprises, the ending balance of this account cannot be transferred to the profit account of this year, but should be transferred to the "profit distribution-undistributed profit" account, and the surplus reserve should be adjusted accordingly. After carrying forward, the ending balance of this course is zero.