closing entries

简明释义

结帐分录,结转分录

英英释义

例句

1.After recording all transactions, the bookkeeper finalized the closing entries for the month.

在记录完所有交易后，簿记员完成了本月的结账分录。

2.During the audit, the team reviewed the closing entries to ensure compliance with accounting standards.

在审计过程中，团队检查了结账分录以确保符合会计标准。

3.The closing entries help to summarize the company's performance over the accounting period.

结账分录有助于总结公司在会计期间的表现。

4.The closing entries are essential for ensuring that income and expenses are accurately reported in the financial statements.

结账分录对于确保收入和费用在财务报表中的准确报告至关重要。

5.At the end of the fiscal year, the accountant prepared the closing entries to reset temporary accounts for the new year.

在财政年度结束时，会计准备了结账分录以重置临时账户以迎接新的一年。

作文

In the world of accounting, one of the most crucial processes at the end of an accounting period is the preparation of financial statements. A key part of this process involves making closing entries, which are essential for ensuring that the accounts reflect the true financial position of a business. But what exactly are closing entries? To put it simply, closing entries are journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent accounts. Temporary accounts include revenues, expenses, and dividends, which are reset to zero at the beginning of each new accounting period.The importance of closing entries cannot be overstated. They serve several purposes in the accounting cycle. First and foremost, closing entries help in preparing the accounts for the next accounting period. By resetting the temporary accounts, businesses can start fresh and accurately track their income and expenses for the upcoming period. This is vital for maintaining accurate financial records and ensuring that the financial statements provide a clear picture of the company’s performance.Additionally, closing entries play a significant role in the preparation of financial statements, such as the income statement and the balance sheet. The income statement summarizes the revenues and expenses for a specific period, while the balance sheet provides a snapshot of the company’s assets, liabilities, and equity at a given point in time. Without closing entries, the financial statements would be cluttered with outdated information from previous periods, making it difficult for stakeholders to assess the company’s current financial health.The process of making closing entries typically involves four main steps. First, the revenue accounts are closed by debiting each revenue account and crediting the income summary account. This step ensures that all revenue earned during the accounting period is consolidated into a single account for easier reporting.Next, the expense accounts are closed by crediting each expense account and debiting the income summary account. This step allows the total expenses incurred during the period to be reflected in the income summary, which will ultimately determine the net income or loss for the period.Once both revenue and expense accounts have been closed, the income summary account will show either a net income or a net loss. If there is a net income, it is then transferred to the retained earnings account by debiting the income summary account and crediting the retained earnings account. Conversely, if there is a net loss, it is recorded by crediting the retained earnings account and debiting the income summary account.Finally, any dividends declared during the period are also closed to the retained earnings account. This step ensures that the distribution of profits to shareholders is accurately reflected in the company’s equity section of the balance sheet.In conclusion, closing entries are a fundamental aspect of the accounting cycle that helps businesses maintain accurate financial records and prepare for the next accounting period. By transferring the balances of temporary accounts to permanent accounts, closing entries ensure that financial statements provide a clear and accurate representation of a company’s financial performance. Understanding the purpose and process of closing entries is essential for anyone involved in accounting or finance, as it lays the groundwork for effective financial analysis and decision-making.

在会计的世界里，财务报表准备过程中最重要的环节之一就是会计期末的处理。其中一个关键部分就是进行结账分录，这对于确保账户反映企业真实的财务状况至关重要。但结账分录究竟是什么呢？简单来说，结账分录是在会计期末进行的日记账分录，目的是将临时账户的余额转移到永久账户。临时账户包括收入、费用和股息，这些账户在每个新的会计期开始时都会重置为零。结账分录的重要性不容小觑。它们在会计周期中起着几个重要作用。首先，结账分录有助于为下一个会计期准备账户。通过重置临时账户，企业可以重新开始，并准确追踪未来期间的收入和费用。这对于保持准确的财务记录至关重要，并确保财务报表能够清晰地反映公司的业绩。此外，结账分录在财务报表的准备中也发挥着重要作用，比如损益表和资产负债表。损益表总结了特定期间的收入和费用，而资产负债表则提供了公司在某一时点的资产、负债和股东权益的快照。如果没有结账分录，财务报表将充斥着过期信息，使利益相关者难以评估公司的当前财务健康状况。进行结账分录的过程通常包括四个主要步骤。首先，通过借记每个收入账户并贷记收入汇总账户来关闭收入账户。这一步确保在会计期间内产生的所有收入都集中到一个账户中，以便更容易报告。接下来，通过贷记每个费用账户并借记收入汇总账户来关闭费用账户。这一步使得在该期间内发生的总费用能够反映在收入汇总中，从而最终确定该期间的净收入或净损失。一旦收入和费用账户都已关闭，收入汇总账户将显示净收入或净损失。如果存在净收入，则通过借记收入汇总账户并贷记留存收益账户将其转移到留存收益账户。相反，如果存在净损失，则通过贷记留存收益账户并借记收入汇总账户进行记录。最后，在期间内宣布的任何股息也会关闭到留存收益账户。这一步确保利润分配给股东的情况在公司资产负债表的权益部分得到准确反映。总之，结账分录是会计周期的基本组成部分，帮助企业保持准确的财务记录并为下一个会计期做好准备。通过将临时账户的余额转移到永久账户，结账分录确保财务报表提供公司财务绩效的清晰和准确的表现。理解结账分录的目的和过程对于任何参与会计或财务工作的人来说都是至关重要的，因为这为有效的财务分析和决策打下了基础。