会计入门基础概念（Basic concepts of accounting）.docVIP

会计入门基础概念（Basic concepts of accounting） Accounting elements: 1, assets: the past transactions, matters formed and owned or controlled by the enterprise resources, the resource is expected to bring economic benefits to enterprises. Is the flow of funds into the enterprise. (may be tangible, intangible, mobile, non current, monetary and non monetary) Contractual rights of cash held by enterprises, equity instruments, investments, cash and other financial assets received from other units So the banks sources of funding: Investors raise (owners equity) Creditors raise (liabilities) Assets are derived from liabilities and owners equity. Owners equity: the economic interest enjoyed by the owner in the assets of an enterprise. It is the balance between assets and liabilities and is understood to be the net assets of the owner. (raising funds to investors, forming all rights and interests, such as the right of a shareholder to receive a regular return on investment) The main contents are: paid in capital, capital surplus, surplus reserve and undistributed profit Liabilities, contrary to assets, would cause economic profits to flow out of the business. Funds raised to creditors form liabilities, and creditors have the right to recover principal and periodic interest at maturity You deposit a fixed deposit in a bank. An enterprise is a bank, and you are a creditor of this deposit. You have the right to recover principal and interest at maturity. The bank is an enterprise. It is the outflow of economic interests here. Subject： Asset class: Monetary, non monetary, tangible, intangible, liquid assets (short-term assets) and long-term assets. Balance in debit Subjects include: cash subjects Precious metals subjects Deposit other financial institutions and accounts within the system The lending funds account Various types of loans, overdrafts, discounts Various investment subjects Fixed assets account Accounts receivable Liabilities class: Current liabilities (short-term liabilitie