closing entry

简明释义

结账分录

英英释义

例句

1.After all transactions were recorded, the team worked on the closing entry to close out the month.

在所有交易记录完成后，团队开始处理结账分录以结束这个月的账目。

2.The closing entry for revenue accounts is essential to ensure accurate financial reporting.

收入账户的结账分录对于确保财务报告的准确性至关重要。

3.At the end of the fiscal year, the accountant prepared a closing entry to reset the temporary accounts.

在财年的结束时，会计准备了一条结账分录来重置临时账户。

4.During the audit, the auditors reviewed the closing entry to verify the accuracy of the financial statements.

在审计过程中，审计员审查了结账分录以验证财务报表的准确性。

5.The closing entry was recorded in the general ledger to reflect the final balances.

这条结账分录被记录在总账中以反映最终余额。

作文

In the world of accounting, understanding various terms is crucial for anyone looking to manage finances effectively. One such term is closing entry, which plays a significant role in the accounting cycle. A closing entry refers to the journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts. This process ensures that the temporary accounts, such as revenues and expenses, are reset to zero for the new accounting period, allowing for accurate financial reporting.The importance of closing entries cannot be overstated. They help maintain the integrity of financial statements by ensuring that only the relevant transactions for the current period are reflected in the accounts. For instance, if a company earned $10,000 in revenue during the year and had $8,000 in expenses, the net income of $2,000 needs to be recorded. However, without closing entries, these figures would carry over into the next year, leading to confusion and inaccuracies in financial reporting.Moreover, closing entries also play a vital role in preparing the accounts for auditing. By resetting the temporary accounts, auditors can easily verify the transactions of the current period without interference from previous periods. This clarity is essential for maintaining transparency and trust with stakeholders, including investors, creditors, and regulatory bodies.The process of making closing entries typically involves four key steps. First, all revenue accounts must be closed. This is done by debiting each revenue account and crediting the Income Summary account. The second step involves closing out all expense accounts, where each expense account is credited, and the Income Summary account is debited. The third step is to close the Income Summary account itself, which reflects the net income or loss for the period. Finally, if there are any dividends declared, those are closed to the Retained Earnings account.Understanding how to make closing entries is essential for anyone pursuing a career in accounting or finance. It not only demonstrates a grasp of fundamental accounting principles but also showcases the ability to maintain accurate and up-to-date financial records. Furthermore, mastering this concept can lead to better financial decision-making, as it provides a clear picture of a company's financial health at the end of each accounting period.In conclusion, closing entries are a critical component of the accounting process, ensuring that temporary accounts are properly managed and that financial statements reflect the true performance of a business. By resetting these accounts, businesses can start each new accounting period with a clean slate, allowing for more straightforward analysis and reporting. As such, anyone involved in financial management should prioritize understanding and implementing closing entries to ensure accurate and reliable financial practices.

在会计的世界中，理解各种术语对于任何希望有效管理财务的人来说都是至关重要的。其中一个术语是结账分录，它在会计周期中扮演着重要角色。结账分录是指在会计期末进行的日记账分录，用于将临时账户余额转移到永久账户。这一过程确保临时账户，如收入和费用，在新的会计期间重置为零，从而实现准确的财务报告。结账分录的重要性不容小觑。它们通过确保只有当前期间相关的交易反映在账户中，帮助维护财务报表的完整性。例如，如果一家公司在一年内赚取了10,000美元的收入，并且有8,000美元的费用，则需要记录2,000美元的净收入。然而，如果没有结账分录，这些数字将被带入下一年，导致财务报告中的混乱和不准确。此外，结账分录在准备审计时也扮演着重要角色。通过重置临时账户，审计员可以轻松验证当前期间的交易，而不会受到以前期间的干扰。这种清晰度对于维护与投资者、债权人和监管机构等利益相关者之间的透明度和信任至关重要。进行结账分录的过程通常包括四个关键步骤。首先，必须关闭所有收入账户。这是通过借记每个收入账户并贷记收入汇总账户来完成的。第二步涉及关闭所有费用账户，每个费用账户被贷记，收入汇总账户被借记。第三步是关闭收入汇总账户，它反映了该期间的净收入或损失。最后，如果有宣布的股息，则将其关闭到留存收益账户。理解如何进行结账分录对任何追求会计或金融职业的人都至关重要。它不仅展示了对基本会计原则的掌握，还展示了维护准确和最新财务记录的能力。此外，掌握这一概念可以导致更好的财务决策，因为它提供了每个会计期末公司财务健康状况的清晰图景。总之，结账分录是会计过程中的关键组成部分，确保临时账户得到妥善管理，财务报表反映企业的真实业绩。通过重置这些账户，企业可以在每个新的会计期间以干净的状态开始，从而实现更简单的分析和报告。因此，任何参与财务管理的人都应优先理解和实施结账分录，以确保准确可靠的财务实践。