Buh balance retained earnings. Retained earnings (uncovered loss). Functions and values of income in the work of the organization

Purpose of the article: reflection of information about the undistributed financial result of the current year and previous years.
Line in the balance sheet: 1370.
Numbers of accounts included in the line: account balance 84 (debit or credit).

At the end of the year, at the general meeting of shareholders of the company or the founders of the organization, a decision is made on the distribution of the company's net profit. The part of the financial result that was not distributed among the participants is recognized as retained earnings of the current year. If the financial result is negative, information about the uncovered loss of the company appears.

In the accounting of the company, retained earnings or uncovered loss are recorded on account 84. It displays the unallocated financial result of the current year and previous periods separately for different sub-accounts.

Note from the author! Account 84 is active-passive, so there may be a debit balance (the amount of outstanding loss) and a credit balance (the amount of retained earnings), depending on the performance of the company.

Line 1370 of the balance sheet of financial statements refers to the Capital and reserves section of the passive part of the balance sheet: it reflects the company's own capital in terms of retained earnings. Information for all years is summarized and displayed in one line. Also, this line records information on losses uncovered by the relevant sources of financing for the current year and previous periods.

Line 1370 - part of the net profit not spent on the needs of the organization.

Note from the author! In accounting, net profit is understood as the final positive financial result of the company's activities, which remains after the repayment of all obligations in terms of paying mandatory taxes, fees, and insurance contributions to the budget.

According to the rules of conduct accounting, the financial result of the enterprise is displayed in Kt99. At the end of the year, a balance sheet reform procedure is carried out (closing of all main accounting accounts). One of the results of this procedure is the transfer of the balance from Kt99 to Dt84 in terms of undistributed income of this period.

retained earnings can be spent on the following needs:

payment of dividends to shareholders or founders of the company;
increase in the size of the authorized capital of the company (after the official registration of changes in the constituent documentation);
creating reserves: transferring part of retained earnings to the company's reserve capital;
repayment of losses of previous years.

Note! During the year, there can be no movements on Dt84 without the decision of the founders of the company.

Uncovered loss

Losses as a result of the activities of the organization may be formed in the following cases:

the costs of the company exceed the income received both from the main activity and from operations not related to the main financial and economic activity;
significant errors of previous reporting periods were identified;
made adjustments to the company's accounting policies.

Line 1370 of the balance sheet - a reflection of losses that were not covered by possible sources of financing. historical data and this year summed up.

Sources of loss coverage:

means of the statutory fund: bringing the value of the statutory fund to the net assets of the company. The reduction of the authorized capital must be carried out within the limits established by law ( minimum threshold for public JSCs - 100 thousand rubles, for non-public JSCs and LLCs - 10 thousand rubles.
Retained earnings - where can they be used and who makes the decision?
means of the company's reserve fund;
targeted investment by the founders of the organization (contributions of the company's owners that do not affect the distribution of shares and the amount of the authorized capital);
retained earnings of previous years.

Regulatory regulation

The use of account 84 to generate information on the presence of undistributed profit of the company at the end of the year (occurrence of uncovered loss) is carried out in accordance with the Chart of Accounts and other regulatory documents.

Practical examples of accounting for retained earnings (uncovered loss)

Example 1

In 2017, the proceeds from the sale of goods of Solnyshko LLC amounted to 2 million rubles (excluding VAT). The cost of goods that were sold amounted to 1 million rubles (purchase from suppliers, transportation, etc.). Other expenses of the company - 70 thousand rubles.

Business operations

930 thousand rubles - net profit of LLC.

From the final financial result of the company, income tax was paid to the budget.

186 thousand rubles - settlements with the Federal Tax Service of Russia.

After the balance sheet reformation procedure, the following posting was made

744 thousand rubles - displayed retained earnings of the company.

In the balance sheet of Solnyshko LLC at the end of 2017, in line 1370 there will be an amount of 744 thousand rubles.

Example 2

As a result of the analysis of the financial and economic activities of the company "YAR", a loss was identified based on the results of activities in 2017. The loss as of 01/01/2018 amounted to 40 thousand rubles. The founders of the company decided to cover the loss at the expense of their own targeted financing.

Business operations

15 thousand rubles - cash deposit by the founders.

25 thousand rubles - transfer by the founders Money to the company account.

40 thousand rubles - the loss was covered by the targeted contributions of the founders.

Common entries in retained earnings (uncovered loss)

Balance reform procedure
Dt99 Kt84 - retained earnings.

Dt84 Kt99 - identification of uncovered loss.
Loss write-off
Dt84 Kt84 - at the expense of income from previous periods.

Dt82 Kt84 - means of the authorized capital.

Dt75 Kt84 - targeted financing of the founders.

Dt80 Kt84 - bringing the statutory fund to the value of net assets.

Questions and answers on the topic

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Line 1370 "Retained earnings (uncovered loss)"

By line 1370 reflects the amount of retained earnings or uncovered loss of the organization:

Interim reporting:

plus/minus

minus

(in terms of interim dividends accrued in the reporting period)

Annual reporting:

The amount of retained earnings (uncovered loss) of the reporting period is equal to the sum of net profit (net loss) of the reporting period, i.е. profit (loss) after tax. Therefore, if the organization does not have retained earnings (uncovered loss) of previous years and the distribution of interim dividends during the reporting period, then the value of line 1370 coincides with the value of line 2400 “Net profit (loss) of the reporting period” of Form No. 2.

In some cases, the organization is obliged in the interreporting period as of January 1 of the reporting year to make adjustments to balance sheet indicators:

1. Retained earnings (uncovered loss) include the results of revaluation of intangible assets, if:

the amount of IA depreciation exceeds the amount of its revaluation credited to the additional capital of the organization as a result of the revaluation carried out in previous reporting years;
intangible assets that have not been underestimated earlier are discounted;
Intangible assets, which were previously discounted, are revalued and the amount of its writedown carried out in previous reporting years is attributed to retained earnings (uncovered loss) in previous reporting years.

2. The amount of retained earnings (uncovered loss) is adjusted when the estimated values of intangible assets (that is, the residual value of intangible assets) change:

in case of specification of the useful life of intangible assets;
in case of clarification of the method of calculating depreciation for intangible assets.

Retained earnings (uncovered loss)

Retained earnings (uncovered loss) include the results of fixed asset revaluation if:

the fixed asset object, which was previously discounted, is revalued and the amount of its writedown carried out in previous reporting periods is attributed to retained earnings (uncovered loss) in previous reporting years;
the amount of the depreciation of the asset exceeds the amount of its revaluation credited to the additional capital of the organization as a result of the revaluation carried out in previous reporting years;
the OS is depreciated, which was not underestimated earlier.

4. The amount of retained earnings (uncovered loss) is adjusted when the accounting policy changes:

caused by a change in the legislation of the Russian Federation or regulatory acts on accounting (except as otherwise provided by the relevant legislative or regulatory act);
in other cases, changes in accounting policies.

No adjustment is made to retained earnings if a monetary estimate of the effects of a change in accounting policy for periods prior to the reporting period cannot be made with sufficient reliability.

5. Undistributed profit (uncovered loss) includes the results of the recalculation of deferred tax assets and liabilities caused by a change in income tax rates in accordance with the legislation of the Russian Federation.

The rest is retained earnings

Page 1

The balance of retained earnings is carried over to the next year.

There may be a balance of retained earnings, which before its distribution is used in the turnover of the enterprise. If the company is unprofitable, then equity is reduced by the amount of losses incurred. Significant specific gravity as part of internal SOURCES - take depreciation deductions from used own fixed assets and intangible assets. They do not increase the amount of equity, but are a means of reinvesting it. Other forms of equity include income from the lease of property, settlements with the founders, etc. They do not play a significant role in the formation of the equity capital of the enterprise.

Retained earnings of previous years shows the balance of retained earnings of previous reporting years.

Under the item Retained earnings of previous years, the balance of retained earnings of previous reporting periods is recorded.

The concept of retained earnings of an enterprise

Under the article: Retained earnings of previous years, the balance of retained earnings of previous years is given.

Line 460 Retained earnings of previous years shows the balance of retained earnings of previous reporting years.

Retained earnings of previous years (88 - 2) reflects the amount of the balance of retained earnings of previous reporting years.

As the results of the calculations show, the amount of the bank's own funds for the analyzed period decreased by 2,071,894 rubles, which was mainly caused by a more than twofold decrease in the balance of the bank's retained earnings.

When filling in the line, the data of account 88 Retained earnings (uncovered loss), subaccount 88 - 2 Retained earnings (uncovered loss) of previous years are used, the balance of retained earnings of previous reporting years is shown.

Assume that the general meeting of shareholders at the end of the year decided to reinvest 30% of the company's net profit remaining after taxes and formation of funds (according to legislation and the charter), 20% of the net profit to be directed to the payment of dividends on ordinary voting shares, 50% of the net profits leave as a balance of retained earnings.

The main source of replenishment of own capital is the profit of the enterprise, due to which accumulation, consumption and reserve funds are created. There may be a balance of retained earnings, which before its distribution is used in the turnover of the enterprise, as well as the issue of additional shares.

One of the most important subsections of the balance sheet, which analysts first of all pay attention to. According to regulatory documents, the financial result of the reporting period is reflected in the balance sheet as undistributed profit (uncovered loss) of the current reporting period, minus those due from profits established in accordance with the law Russian Federation taxes and other similar mandatory payments, including sanctions for non-compliance with taxation rules. The enterprise should reflect in the balance sheet the undistributed profit (uncovered loss) of the reporting period accumulated by the main result from the beginning of the year. After the distribution of profit at the end of the year, by decision of the meeting of the owners of the organization, the balance of retained earnings is added to the retained earnings of previous years. In case of a loss, the data on the specified balance lines are given with a minus.

Pages: 1

	Elen
Added:	#2 Sat Feb 20, 2010 23:06:47
The headline of the message:
1. There are two profit (loss) accounts in the chart of accounts 5510 Retained earnings uncovered loss of the reporting year 5520 Retained earnings uncovered loss of previous years The profit of the reporting year is collected on account 5510 (it is also calculated in the income statement) 2. In January, the profit of the reporting year is transferred to the profits of previous years Dt 5510 Kt 5520 (If we are talking about profits, not losses) Thus, the profits of previous years are accumulated. 3. Profit is accumulated if not distributed among the founders (shareholders). This distribution is the dividend. This distribution reduces the accumulated profit.

Retained earnings in the balance sheet (nuances)

All movements with a profit - the formation of the distribution is reflected in the statement of changes in equity

in the income statement, the financial result of the reporting year is calculated

Yes, incrementally, minus paid dividends.

Added after 1 minute 44 seconds:

So you're asking about the balance sheet, or about the income statement?

It agree, without an example the theory is not perceived.

For simplicity, an example where profits were not distributed

Today is December 31, 2009. The company's account 5520 has accumulated profit of previous years (i.e. without profit of 2009) 100,000 tenge (Credit balance, since profit)

On the accounts of income and expenses in the balance sheet (a very simplified version) we have:
1 Credit balance on account 6010 (Sales income) 500,000 tenge
2 Debit balance on account 7010 (cost of goods sold) 300,000 tenge
3 Debit balance on account 7210 (Administrative expenses) 50,000 tenge

We draw up a profit and loss statement for 2009 (also a simplified version, without other income, expenses, income tax)

Gross income 200,000 tenge
Total income 150,000 tenge Remember this figure
In accounting, we close the accounts of income and expenses
Dt 5610 Kt 7010 300 000
Dt 5610 Kt 7210 50 000

Account 5610 has a credit balance of 150,000 tenge. We do the wiring

Previous years (Credit balance 5520) 100,000
Reporting year (credit balance 5510) 150,000
Total (total accumulated profit for previous years + 2009 profit) 250,000

Right. The fact that income tax is not calculated from accounting profit, and from the taxable (and they are extremely rare) you, of course, understand. Therefore, we believe that the tax will be 30,000, and we calculated this tax not in the financial statements 😀

Profit and loss statement for 2009 already including tax

Sales income 500,000 tenge
Cost of goods sold (300,000) tenge
Gross income 200,000 tenge
Administrative expenses (50,000) tenge
Profit before tax 150,000 tenge
CIT expenses (30,000)
Total income120 000

CIT expenses are reflected in accounting (again for simplicity)

Dt 7710 Kt 3110 30 000

Closing income and expenses:

Dt 6010 Kt 5610 (Total income) 500,000
Dt 5610 Kt 7010 300 000
Dt 5610 Kt 7210 50 000
Dt 5610 Kt 7710 30 000

On account 5610 balance 120 000

We make a transaction for this amount

Dt 5610 Kt 5510 120 000

In the balance sheet as of 01/01/2010 we see

Profit of previous years (Credit balance 5520) 100,000
Reporting year (credit balance 5510) 120,000
Total (total accumulated profit for previous years + 2009 profit) 220,000

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Account 84 of accounting is an active-passive account "Retained earnings (uncovered loss)", refers to section Ⅶ "Capital" of the chart of accounts and usually makes up a significant part of the organization's capital. With the help of typical postings and practical examples, we will consider the specifics of using account 84 and the features of reflecting operations with retained earnings.

Retained earnings- this is the net profit after taxation at the end of the reporting year, received by the organization, but not yet distributed among shareholders in the form of dividends, to replenish capital or to cover uncovered losses.

Account 84 of accounting serves to record the financial result of the enterprise for the entire period of its operation, from the moment of registration to liquidation. The account is replenished during the reformation of the balance, that is, at the end of the reporting year.

Only the owners of the enterprise can dispose of the accumulated profit. The decision on the distribution of income or loss is made by its owners, drawn up by the minutes following the results of the general meeting of shareholders or participants.

Account 84 of accounting is active-passive, therefore, the uncovered loss is reflected in the debit, and the amount of net profit - in the credit of the account.

Sub-accounts of account 84 of accounting, which are active-passive, are shown in the figure below:

The allocation of funds to special funds, for example, dividends on preferred shares, corporatization, material incentives for employees, and their spending can be reflected in additional sub-accounts of 84 accounts, but they must be taken into account in the balance sheet in the amount of reserve capital.

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Typical postings on account 84 "Retained earnings (uncovered loss)"

Correspondence of accounts and main entries on account 84 "Retained earnings (uncovered loss)" are presented in the table:

Dt	CT	Wiring Description
99	84.01	Reflection of the amount of net profit based on the final turnover for the reporting year (December)
84.01	75.02/70	Reflection of the payment of dividends (as of the date of the decision)
84.01	82/80	Net profit allocated to reserve capital / authorized capital
80	84	Reflection of the decrease in the authorized capital to the amount of net assets (as of the date of state registration)
84.02	99	Reflection of the amount of loss based on the final turnover for the reporting year (December)
99	84.03	Reflection of the total amount of retained earnings among shareholders
82/75/80	84.02	Reflection of loss coverage at the expense of reserve capital (as of the date of the decision) / own funds of the founders / authorized capital (after state registration of these changes)
84.03	84.02	Covering the loss with the accumulated amount of retained earnings
84.03	84.04	Reflection of the fact of using retained earnings when creating property

Examples of transactions with postings on account 84

Example 1. Payment of dividends and replenishment of the reserve fund

At the end of 2016, Merod JSC received a net profit of 175,300 rubles. At the general meeting of shareholders, it was decided to distribute it for the payment of dividends (70%) and replenishment of the reserve fund (10%).

Posting table for account 84 - payment of dividends:

Example 2. Loss coverage

As of January 2017, Fenkh LLC has a reserve capital in the amount of 70,000 rubles, and the loss at the end of 2016 amounted to 130,000 rubles. At the general meeting of the participants of the company, it was decided to cover the loss partly with the funds of the reserve capital, partly - at the expense of own funds in proportion to the share of participants in the authorized capital:

Ottis E.A. - 75%, sub-account 75.01;
Korev A.I. - 25%, subaccount 75.02.

Posting table for account 84 - Loss coverage at the expense of own funds and reserve capital:

Dt	CT	Amount, rub.	Wiring Description	A document base
84.02	99	130 000	Reflection of uncovered loss	Income statement
82	84.02	50 000	Repayment of part of the loss at the expense of reserve capital	Minutes of the general meeting
75.01	84	60 000	Reflection of debt Ottis E.A.	Accounting information
75.01	84	20 000	Reflection of debt Koreva A.I.	Accounting information
51	75	80 000	Reflection of coverage of loss by contributions from owners	Payment order

What influences the size

Attention!

when filling line 1370when preparing interim reports?

Line 1370 “Retained earnings (uncovered loss) = + - Balance of account 99 + - Balance of account 84 in terms of retained earnings (uncovered loss)

This line reflects the amount of retained earnings or uncovered loss of the organization.

What influences the sizeretained earnings (uncovered loss)?

The amount of retained earnings (uncovered loss) during the reporting period may change as follows:

— increase (decrease) by the amount of net profit (net loss) of the reporting period;

— decrease by the amount of accrued dividends (including intermediate ones);

— increase by the amount of declared and unclaimed dividends, the term limitation period for which expired (Letter of the Ministry of Finance of Russia dated January 27, 2012 N 07-02-18 / 01);

- increase by the amount of additional capital from the revaluation of non-current assets retired in the reporting period (clause 15 of PBU 6/01, clause 21 of PBU 14/2007);

— decrease due to an increase in the authorized capital at the expense of retained earnings;

- increase due to the decrease in the authorized capital when it is brought to the value of net assets;

- decrease due to the direction of retained earnings to the reserve fund;

The value of line 1370 "Retained earnings (uncovered loss)" at the reporting date is equal to the value of line 2400 "Net profit (loss)" of the Statement of Financial Results only if the organization does not have retained earnings (uncovered loss) of previous years at the beginning of the reporting period , during the reporting period, interim dividends were not distributed and previously valued fixed assets were not retired (Instructions for the application of the Chart of Accounts, clauses 79, 83 of the Regulations on Accounting and Accounting, clauses 1, 2, Article 42 of the Law No. 208-FZ, clause 1, article 28 of Law No. 14-FZ).

Attention!

According to paragraphs. 1 clause 9 PBU 22/2010 significant errors of the previous reporting year, identified after the approval of the financial statements for this year, are corrected by entries in the relevant accounting accounts in the current reporting period. In this case, the corresponding account in the entries is account 84 “Retained earnings (uncovered loss)”. Therefore, if the organization, with the records of 2014, corrected significant errors in 2013 or previous years, identified after the approval of the financial statements for the corresponding year, then the indicator of line 1370 “Retained earnings (uncovered loss)” of the balance sheet for the reporting period of 2014, in which corrective entries are made, will be generated taking into account the corrective entry.

The amount of the organization's net profit for the reporting period in accounting is reflected in the credit of account 99 "Profit and Loss", and the amount of net loss - in the debit of account 99.

With the closing turnovers of December, the amount of net profit (loss) of the reporting year is written off to account 84 “Retained earnings (uncovered loss)” (Instructions for using the Chart of Accounts). The amount of retained earnings is recorded in the credit of account 84, and the amount of uncovered loss is recorded in the debit of account 84.

The accrual of dividends (both interim and at the end of the year) is reflected in the debit of account 84 in correspondence with accounts 75 “Settlements with founders”, sub-account 75-2 “Calculations for the payment of income”, and 70 “Settlements with personnel for remuneration” ( Instructions for the use of the Chart of Accounts). For the amount of declared but not claimed dividends, for which the limitation period has expired, a reverse entry is made (Letter of the Ministry of Finance of Russia dated January 27, 2012 N 07-02-18 / 01).

Attention!

Profit distribution based on the results of the year refers to the category of events after the reporting date, indicating the economic conditions that arose after the reporting date in which the organization conducts its activities. At the same time, in the reporting period for which the organization distributes profits, no entries are made in accounting (synthetic and analytical) accounting. And when an event occurs after the reporting date in the accounting of the period following the reporting period, in general order a record is made reflecting this event (clauses 3, 5, 10 PBU 7/98). Consequently, the data on account 84 in the reporting year are formed taking into account the decision made in the reporting year on the distribution of profits received at the end of the previous year.

The formation of accounting information on the areas of use of retained earnings is ensured by organizing analytical accounting on account 84 "Retained earnings (uncovered loss)". At the same time, in analytical accounting, retained earnings used as financial support production development of the organization and other similar activities for the acquisition (creation) of new property and not yet used, can be separated (Instructions for the application of the Chart of Accounts, Letter of the Ministry of Finance of Russia dated 11/14/2012 N 07-02-12 / 60). Thus, the use of retained earnings for the development of the organization's production does not lead to a change in the balance of account 84, nor to a change in the indicator of line 1370 "Retained earnings (uncovered loss)". The expenses incurred by the organization are recognized in the reporting period when they occurred, regardless of the presence (absence) of the source of their financial support (production development funds, consumption funds and other similar funds), as well as the period (time) of their formation (Appendix to the Letter of the Ministry of Finance Russia dated 06.02.2015 N 07-04-06/5027).

What accounting data is usedwhen filling line 1370"Retained earnings (uncovered loss)"when preparing interim reports

When filling out this line of the balance sheet, compiled during the preparation of interim financial statements for the reporting period, data on accounts 99 and 84 are used. If, as a result of calculations using the formula below, a negative value is obtained (i.e. balance in parentheses.

Line 1370 “Retained earnings (uncovered loss) = Balance of account 84 in terms of retained earnings (uncovered loss)

The indicators of line 1370 “Retained earnings (uncovered loss)” as of December 31 of the previous year and December 31 of the year preceding the previous one are generally transferred from the balance sheet for the previous year.

Recall that it is necessary to ensure comparability of data on the amount of retained earnings as of the reporting date, as of December 31 of the previous year and as of December 31 of the year preceding the previous one. If the accounting policy of the organization has changed since 2014, then the consequences of these changes are reflected in the financial statements retrospectively (clauses 14, 15 PBU 1/2008). That is, the comparative indicators indicated in the columns "As of December 31, 2013" and "As of December 31, 2012" on line 1370 “Retained earnings (uncovered loss)”, as well as on related items, should be adjusted in such a way as if the new accounting policy had been applied from the moment the facts of economic activity of this type arose.

In addition, if the organization in the reporting period corrected significant errors of the previous year, the financial statements for which were approved, then the indicator of retained earnings (uncovered loss) as of December 31 of the previous year and December 31 of the year preceding the previous one is recalculated as if the error of the previous year the reporting period was never allowed (retrospective recalculation) (clause 2 clause 9 PBU 22/2010).

If errors of earlier reporting periods (years preceding the previous year) were corrected, then the indicator of retained earnings (uncovered loss) as of December 31 of the year preceding the previous one is also subject to recalculation.

The exceptions are cases when it is impossible to establish a connection between an error and a specific period, or it is impossible to determine the impact of this error on a cumulative total in relation to all previous reporting periods.

The Ministry of Finance of Russia recommends that interim dividends paid during the year for which the financial statements are prepared be reflected in the annual balance sheet separately in section. III (in parentheses) (Letter dated 12/19/2006 N 07-05-06/302). If the organization decides to follow this recommendation, then it will need to provide in sect. III separate line, for example line 1371 "including interim dividends".

If in the reporting year, in the previous year and (or) in the year preceding the previous one, the organization accrued interim dividends, then the order of their reflection (with or without a separate line) for each of the dates should be the same.

Example of filling line 1370"Retained earnings (uncovered loss)"when preparing annual reports

Indicators on account 84 (the organization does not keep records of special funds on account 84): rub.

Fragment of the balance sheet for 2013

Solution

The amount of retained earnings is:

The amount of accrued interim dividends is:

In this case, the fragment of the balance sheet will look like this.

Purpose of the article: reflection of information about the undistributed financial result of the current year and previous years.
Line in the balance sheet: 1370.
Numbers of accounts included in the line: account balance (debit or credit).

retained earnings

Line 1370 - part of the net profit not spent on the needs of the organization.

According to the accounting rules, the financial result of the enterprise is displayed in Kt99. At the end of the year, a balance sheet reform procedure is carried out (closing of all main accounting accounts). One of the results of this procedure is the transfer of the balance from Kt99 to Dt84 in terms of undistributed income of this period.

Retained earnings can be spent on the following needs:

payment of dividends to shareholders or founders of the company;
increase in the size of the authorized capital of the company (after the official registration of changes in the constituent documentation);
creating reserves: transferring part of retained earnings to the company's reserve capital;
repayment of losses of previous years.

Note! During the year, there can be no movements on Dt84 without the decision of the founders of the company.

Uncovered loss

Losses as a result of the activities of the organization may be formed in the following cases:

the costs of the company exceed the income received both from the main activity and from operations not related to the main financial and economic activity;
significant errors of previous reporting periods were identified;
made adjustments to the company's accounting policies.

Line 1370 of the balance sheet - a reflection of losses that were not covered by possible sources of financing. Data for past periods and the current year are summarized.

Sources of loss coverage:

means of the statutory fund: bringing the value of the statutory fund to the net assets of the company. The reduction of the authorized capital must be carried out within the limits established by law (the minimum threshold for public JSCs is 100 thousand rubles, for non-public JSCs and LLCs - 10 thousand rubles).
means of the company's reserve fund;
targeted investment by the founders of the organization (contributions of the company's owners that do not affect the distribution of shares and the amount of the authorized capital);
retained earnings of previous years.

Regulatory regulation

Practical examples of accounting for retained earnings (uncovered loss)

Example 1

Business operations

930 thousand rubles - net profit of LLC.

From the final financial result of the company, income tax was paid to the budget.

186 thousand rubles - settlements with the Federal Tax Service of Russia.

After the balance sheet reformation procedure, the following posting was made

744 thousand rubles - displayed retained earnings of the company.

In the balance sheet of Solnyshko LLC at the end of 2017, in line 1370 there will be an amount of 744 thousand rubles.

Example 2

Business operations

15 thousand rubles - cash deposit by the founders.

25 thousand rubles - transfer of funds by the founders to the company's current account.

40 thousand rubles - the loss was covered by the targeted contributions of the founders.

Common entries in retained earnings (uncovered loss)

Balance reform procedure
Loss write-off
Dt84 Kt84 - at the expense of income from previous periods.

Dt82 Kt84 - means of the authorized capital.

Dt75 Kt84 - targeted financing of the founders.

Dt80 Kt84 - bringing the statutory fund to the value of net assets.

Buh balance retained earnings. Retained earnings (uncovered loss). Functions and values ​​of income in the work of the organization

Uncovered loss

Retained earnings - where can they be used and who makes the decision?

Regulatory regulation

Practical examples of accounting for retained earnings (uncovered loss)

Example 1

Example 2

Common entries in retained earnings (uncovered loss)

Retained earnings (uncovered loss)

The rest is retained earnings

The concept of retained earnings of an enterprise

Retained earnings in the balance sheet (nuances)

Typical postings on account 84 "Retained earnings (uncovered loss)"

Examples of transactions with postings on account 84

Example 1. Payment of dividends and replenishment of the reserve fund

Example 2. Loss coverage

retained earnings

Uncovered loss

Regulatory regulation

Practical examples of accounting for retained earnings (uncovered loss)

Example 1

Example 2

Common entries in retained earnings (uncovered loss)

Buh balance retained earnings. Retained earnings (uncovered loss). Functions and values of income in the work of the organization