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Anonymous users2024-02-12The first question: Quite simply, trading financial assets are investments made for short-term profits, and since they are short-term speculations, the relevant taxes and fees incurred are included in the investment profit and loss (included in investment income) when they are generated.
In contrast, if you invest in value for a long time (not for short-term profits), the expenses incurred when investing are included in the cost of the financial assets of the investment product. (i.e., included in the cost of financial assets such as controllable financial assets).
The second question is the fair value account of trading financial assets; In fact, it is the second-level account of trading financial assets, and the purpose of this setting is to distinguish the trading financial assets - cost account.
For example: **When: Borrow: Tradable Financial Asset - Cost 1000
Investment income 10 (commission).
Credit: Bank deposit 1100
Now it's worth 1,500 yuan. Is it a "tradable financial asset" that is worth 1,500? The value has risen by $500.
Borrow: 500 for trading financial assets
Credit: Fair value change gain or loss 500
The above entry should be easy to understand. But why the following entries?
Borrow: Tradable Financial Assets - Change in Fair Value 500
Credit: Fair value change gain or loss 500
Because if you don't have a Level 2 subject, you don't know why this transactional financial value is $1,500? I only know that the value is 1500 yuan.
The second entry with the second-level account can be clearly understood. The cost of this investment is $1,000, and the fair value change due to the fluctuation increases the value of the asset by $500.
However, it's the same thing. At the time of disposal, you can resell (sell it) all the first-level accounts that are trading financial assets in the opposite direction.
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Anonymous users2024-02-11First question].
Don't think about it, just follow the guidelines. If it is a trading financial asset, the relevant taxes and fees are included in the debit side of the "investment income", which means that the more money is given in this investment, the income from the investment will be less.
Second question].
Tradable financial assets – changes in fair value, which indicate a decrease in fair value during the holding period. It is transferred out at the time of both debit and credit disposal.
For example: Buy**.
Borrow: 1000 --- cost
Credit: Silver deposit 1000
Fair dropped by 100
Debit: Fair value change gain or loss 100
Credit: Change in fair value of --- 100
Sold at a market price of 1100
Borrow: 1100 in silver
Change in fair value of --- 100
Credit: --- cost 1000
Fair value change gain or loss 100
Investment income 100
It can be seen that although there was a decline in the middle of the process, the ** rose again when it was sold (for example), so the investment income is still on the credit side. At the same time, the fair value changes during the holding period are transferred out with the disposition, ending this "exciting" investment.
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Anonymous users2024-02-10Answer]: 1) Accounting accounts that should be set up for the accounting of trading financial assets.
In order to reflect and supervise the acquisition of trading financial assets, the receipt of cash dividends or interest, etc., enterprises should set up accounts such as "trading financial assets", "fair value change gains and losses", and "investment income" for accounting.
2) Acquisition of trading financial assets.
The trading financial assets acquired by an enterprise shall be measured at fair value, and the transaction costs incurred in acquiring the trading financial assets shall not be counted in the initial account amount of the trading financial assets, but shall be counted as the profit or loss for the current period. Fair value refers to the amount of money voluntarily exchanged assets or repaid debts between the two parties to a transaction that are familiar with the situation in an arm's length transaction.
The price paid for the acquisition of trading financial assets includes cash dividends that have been declared but not yet distributed, or interest on bonds that have reached the interest payment period but have not yet received Sun Zao, which shall be separately recognized as receivables and shall not constitute the initial account amount of trading financial assets.
The relevant transaction costs incurred in the acquisition of trading financial assets shall be counted as investment income at the time of incurrence. Transaction costs refer to the additional external expenses that can be directly attributed to the purchase, issuance or disposal of financial instruments, including fees and commissions and other necessary expenses paid to ** institutions, consulting firms, brokers, etc.
3) Holding of trading financial assets.
Cash dividends or bond interest obtained by an enterprise during the period of holding trading financial assets shall be accounted for as investment income.
At the balance sheet date, trading financial assets should be measured at fair value, and changes in fair value of trading financial assets should be treated as fair value gains or losses to constitute current profits.
4) Transactional financial assets.
For the trading financial assets of the enterprise, the difference between the price obtained and the book balance shall be accounted for as investment profit or loss, and at the same time, the fair value change of the financial asset of the original accountant shall be transferred out, and the fair value change profit or loss shall be converted into investment income.
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Anonymous users2024-02-091) When an enterprise acquires a trading financial asset, this account shall be debited according to the fair value of the trading financial assets
cost), according to the transaction expenses incurred, the "Investment income" account is debited, and the "bank deposit" account is credited according to the actual amount paid. According to the interest that has reached the interest payment period but has not yet been received, or the cash dividends that have been declared but have not yet been paid, the "dividends receivable (interest)" will be debited, and the "bank deposits" and other accounts will be credited to the actual amount paid.
2) When the cash dividends declared by the investee during the holding of trading financial assets or the interest calculated at the coupon rate of the bonds on the balance sheet date shall be debited and the "investment income" account shall be credited.
3) At the balance sheet date, the difference between the fair value of a trading financial asset and its carrying balance shall be debited to this account (fair value change) and credited to the "fair value change profit or loss".
Subjects; The difference between the fair value and the book balance is reversed.
4) ** In the case of trading financial assets, the "investment income" account shall be credited or debited according to the difference between the actual amount received and the trading financial assets (cost) and (fair value change). At the same time, the fair value change of the financial asset is transferred to investment income, and the "fair value change profit or loss" is debited or credited.
Example question: On February 21, 07, Company A purchased a batch of bonds and managed and accounted for them as trading financial assets, with a price of 235
000 yuan, including 5
000 yuan has matured but has not yet received the interest on the bond, another.
The relevant taxes and fees of 4,200 yuan are paid by bank deposits. The market price of the bond was 237 on 28/02/07
000 yuan. Received 3/21/07 5
000 yuan interest. On April 5, 07, Company A issued the bonds.
sale, after deducting relevant taxes and fees, actually received 237
$800 deposited in the bank.
The accounting entries are as follows:
February 21.
Borrow: Trading Financial Assets – Costs.
Investment income. Interest receivable.
Credit: Bank deposits.
February 28th.
Increase in fair value at the end of the period: 237
Borrow: Trading Financial Assets - Changes in Fair Value.
Credit: Fair Value Gain or Loss.
March 12th.
Borrow: Bank deposit.
Credit: Interest receivable.
April 5th. Actual receipts = 237
Book value = 230
Receipts higher than book value = 237
Borrow: Bank deposit.
Credit: Trading Financial Assets – Cost.
Change in fair value.
Investment income. At the same time: borrow: fair value change gain or loss.
Credit: Investment income.
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Anonymous users2024-02-081. Initial measurement, borrowing: trading financial assets - cost (fair value), dividends receivable (dividends included in the price), investment income (transaction costs), credit: other monetary funds - deposited investment funds.
2. Subsequent measurement, cash dividends included in the purchase price received, borrow: other monetary funds - deposited investment funds, credit: dividends receivable, newly declared cash dividends, borrow:
Dividends receivable, credit: investment income, interest received, borrow: other monetary funds - investment funds deposited, credit:
Dividends receivable, change in fair value at the end of the period (balance sheet date).
Change in fair value at the end of the period (fair value at the end of the period - initial recorded cost) debit: trading financial asset - change in fair value (or vice versa), credit: fair value change gain or loss (or vice versa), at disposal, debit:
Other Monetary Funds - Investment Funds Deposited, Credit: Tradable Financial Assets – Cost, Tradable Financial Assets – Fair Value Ridge refers to changes (or debits), investment gains (or debits).
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Anonymous users2024-02-07The cost of buying each share is $100 until June 30 per share**( 000 000 = 5 074 000
In real life, you understand this truth, why can't you do it as soon as you do it?
It turns out that the entries of ** are;
Borrow; Fair value change gain or loss 5,074,000
Credit: Trading Financial Assets - Changes in Fair Value 5074000 Sold You are all gone These accounts should result in 0 Carry-forward entries are debits: Trading Financial Assets - Changes in fair value 5074000 Credit; Fair value change gain or loss 5,074,000
The balances are all 0
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Anonymous users2024-02-06Borrow: Investment income 5,074,000
Credit: Fair value change gain or loss 5,074,000
--This entry is [On June 30, 2008, Ping An's stock price continued to be **, and the price per ** was only 49 26 yuan. Because it is measured at fair value, the loss ****** recognized into the profit or loss for the current period.
100 yuan * 100,000 shares - yuan * 100,000 shares = 5,074,000 yuan.
Debit: Bank deposit 4,395,600
Investment income 530400
Tradable financial assets – change in fair value 5,074,000
Credit: Trading financial assets – cost 10,000,000
--This is the entry when ****.
Borrow: Trading financial assets - change in fair value 5,074,000
Credit: Trading financial assets – cost 10,000,000
These two entries transfer the book balances of the trading financial assets.
Then borrow bank deposits, and the remaining balance of 530,400 will be included in the current profit and loss, and the investment income account will be taken.
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Anonymous users2024-02-051.Initial metering.
Borrow: Trading Financial Assets – Costs.
Dividends receivable Interest receivable.
Investment income (transaction costs).
Credit: Bank deposits.
2.Subsequent metering.
1) Reflects changes in fair value.
Appreciation: Borrow: Trading Financial Assets – Changes in Fair Value.
Credit: Fair Value Gain or Loss.
Depreciation: Debit: Fair Value Gain or Loss.
Credit: Trading Financial Assets - Changes in fair value.
No provision is made for impairment of trading financial assets.
2) Holding period.
Borrow: Dividends receivable Interest receivable.
Credit: Investment income.
Borrow: Bank deposit.
Credit: Dividends Receivable Interest Receivable.
3.At the time of disposal.
Borrow: Bank deposit.
Credit: Trading Financial Assets – Cost.
Change in fair value (borrowable or creditable).
Investment income (borrowable or loanable).
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Anonymous users2024-02-04Borrow: trading financial assets - cost 65 000
Investment income 500
Credit: bank deposits 65 500
Borrow: Dividends receivable 1 000
Credit: Investment income 1 000
Borrow: Trading Financial Assets - Change in fair value 10 000
Credit: Fair value change gain or loss 10 000
Borrow: bank deposit 86 000
Fair value change gain or loss 10 000
Credit: trading financial assets - cost 65 000
Change in fair value 10 000
Investment income 21 000
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Anonymous users2024-02-03Borrow: Trading Financial Assets – Costs.
Investment income. Interest receivable (or dividend receivable account).
Credit: bank deposits (or deposits of ** bank funds, settlement reserves, etc.) 2. During the holding period, the investee declares the payment of cash dividends
Borrow: Dividends receivable.
Credit: Investment income.
3. Transactional financial assets.
Borrow: Bank deposits (or deposits** bank funds, settlement reserves, etc.) Credit: Transactional financial assets - costs.
Investment income. The "trading financial assets" account accounts for the financial assets held by the enterprise that are classified as measured at fair value and their changes are included in profit or loss for the current period, and the "cost" and "fair value change" can be accounted for in detail according to the type and variety of financial assets.
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Anonymous users2024-02-02On January 10, the purchase **.
Borrow: Tradable Financial Assets - Cost (Company B**) 65 000 Investment income 500
Credit: bank deposits 65 500
On April 5, Company B announced the distribution of cash dividends: dividends receivable of 1 000
Credit: Investment income 1 000
On June 30, the fair value change profit and loss (fair value change: 75,000-65,000) was recognized
Loan: Trading Financial Assets - Change in Fair Value 10 000 Credit: Gain or Loss on Change in Fair Value 10 000
On September 25, the profit and loss of company B's **** disposal: 86,000-75,000-1,000 = 10,000 yuan: bank deposit 86 000
Credit: trading financial assets - cost 65 000
Change in fair value 10 000
Dividends receivable 1 000 Investment income 10 000
At the same time, debit: fair value change gain or loss 10 000
Credit: investment income 10 000
For trading financial assets, the fair value change gains and losses during the holding period should be transferred out at the time of disposal, and the investment income should be recognized. So the accounting treatment you give is incomplete. The complete processing should be: >>>More
Tradable financial assets.
Transaction costs at the time of purchase and disposal are directly included in profit or loss for the current period. >>>More
Debit: Fair value change gain or loss.
Credit: Investment income. >>>More
No, because trading financial assets are held for short-term profit and will be ** in the near future, so the recoverable amount is usually uncertain, and the foreign currency translation guidelines treat it as a foreign currency non-monetary item.
When a trading financial asset is disposed of, the fair value change gain or loss is transferred to investment income for two main purposes: >>>More