Fill in the quarterly balance sheet and income statement:
The balance sheet shall fill in the ending number according to the data of the last month of the quarter, and the opening number shall remain unchanged throughout the year.
The income statement can be filled in by adding up the current periods of three months.
The balance sheet, also known as the statement of financial position, is the main accounting statement that shows the financial position of an enterprise on a certain date (usually at the end of each accounting period) (that is, the status of assets, liabilities and owners' equity). Using the principle of accounting balance, the balance sheet divides the transactions of assets, liabilities and shareholders' equity that conform to accounting principles into two blocks: "assets" and "liabilities and shareholders' equity". Based on the static enterprise situation on a specific date, condense it into a report. Its reporting function is not only to correct the internal mistakes, business direction and fraud prevention, but also to let all readers know the business situation of the enterprise in the shortest time.
The difference between balance sheet and income statement
1, the income statement is compiled according to "revenue-expense = profit", reflecting the changes of operating results of accounting entities in a period.
2. The balance sheet is compiled according to "assets = liabilities+owners' equity", reflecting the distribution of all assets of the accounting entity in a certain period of time and their corresponding sources.
3. Because the result of the equation "revenue-expense = profit" will be reflected in both the income statement and the balance sheet, the relationship between them can be expressed by the equation "assets = liabilities+owners' equity+revenue-expense".
4. The number of "undistributed profits" in the owner's equity part of the balance sheet at the beginning and the end of the year is equal to the number of "undistributed profits at the beginning of the year" in the profit distribution part of the profit distribution table.
Ok, Bian Xiao answered the question "How to fill in the balance sheet for the first quarter" for the time being. If you have any questions you don't understand or have other financial problems, you can consult Bian Xiao more! Total liabilities indicate the amount of debts undertaken by the enterprise, and the ratio of liabilities to owners' equity reflects the financial security of the enterprise. The debt structure reflects the urgency and pressure of the enterprise to repay the debt, and the basic information of the enterprise debt can be understood through the balance sheet.