Are finance charges part of the financial results account?

Financial expenses do not belong to the financial results account, but only belong to the profit and loss account.

Profit and loss accounts, such as main business income, other business income, non-operating income, main business costs, other business costs, non-operating expenses, business taxes and surcharges, administrative expenses, sales expenses, financial expenses, etc.

The main accounts that belong to the financial results account are the profit account of the current year, the profit distribution account and the surplus reserve account.

Financial results account refers to the financial results account, which is used to account for the final financial results of all production and operation activities of an enterprise in a certain period (month, quarter, year), that is, the profit or loss account.

Characteristics of the Financial Results Account.

1 Reflects the net profit or loss accumulated from the beginning of the year to the end of the reporting period;

2 The structure of the account: the amount transferred from each income or income account at the end of the credit registration period, the amount carried forward from each expense, cost and expenditure at the end of the debit registration period, and the closing balance represents the total amount of losses incurred by the enterprise if it is on the debit side, and the net profit realized if it is on the credit side.

There are eight main accounts that should be set up for financial results accounting:

1. Non-operating income account: mainly including gains on the disposal of non-current assets, gains on the exchange of non-monetary assets, gains on debt restructuring, subsidies, profits from inventory, gains from donations, etc. The account should be detailed by income item, and the detailed accounting should be carried out.

2. Non-operating expenditure account: mainly includes losses on disposal of non-current assets, losses on the exchange of non-monetary assets, losses on debt restructuring, and losses on profits. The account should be detailed by income item, and the detailed accounting should be carried out.

3. Investment income account: This account is a profit and loss account, which is used to account for the income or loss of the enterprise's foreign investment. The account should be detailed by income item, and the detailed accounting should be carried out.

4. Income tax expense account: This account belongs to the expense account in the profit and loss account, which is used to calculate the income tax expense that should be deducted from the current profit recognized by the enterprise.

5. Profit account for the current year: This account belongs to the owner's equity account, which is used to calculate the net profit (or loss) realized by the enterprise in the accounting year.

6. Profit distribution account: This account belongs to the owner's equity account, which is used to account for the distribution of net profit or the compensation of losses in a certain period of time and the undistributed profits (or to make up for losses) of the balance of the enterprise over the years.

7. Surplus reserve account: This account belongs to the owner's equity account, which is used to calculate the surplus reserve fund withdrawn by the enterprise from the net profit in accordance with the prescribed proportion.

8. Profit payable account: This account is a liability account, which is used to account for cash dividends or profits distributed by enterprises to investors.

Hello, what you said should be a statement that reflects the financial operating results, which mainly looks at the "income statement".

In the income statement, there are current year's profits, income accounts and expenditure accounts (including main business income, main business costs, management expenses, financial expenses, etc.), profit distribution, undistributed profits, and income tax. With these, you can see the business results of the unit.

Hope that helps.

Interest rate for the current year Income tax finance expense.

The main accounts that belong to the financial results account are the profit account and profit distribution for the current year.

Accounts, surplus reserve accounts.

The financial results account refers to the financial results account, which is used to account for the final financial results of all production and operation activities of the enterprise in a certain period of time (month, quarter, year), that is, the profit or loss account.

Characteristics of the Financial Results Account.

1 Reflects net profit accumulated from the beginning of the year to the end of the reporting period.

or loss; 2. The structure of the account: the amount transferred from the income or income account at the end of the credit registration period, the amount carried forward from the expenses, costs and expenses at the end of the debit registration period, and the closing balance if it is on the debit side, indicating the total amount of losses incurred by the enterprise, and if it is on the credit side, it represents the amount of net profit realized.