To begin learning accounts certainly we have to ask the initial question is: What is accounting? These are the notes, numerical calculations and states that take an organization to record and monitor the assets of the organization. It serves to: provide a digital image of what happens in life and organizational activity. Record and monitor the transactions of the organization accurately and quickly. Source varied, current and reliable information for decision making. Protecting the assets of the organization through mechanisms that demonstrate timely automatically and embezzlement or theft of assets. Explain and justify the management of resources.
Prepare financial statements. Heritage equation (Equation Basic Accounting) Assets = Liabilities + Capital (Real and rights) (Rights of Third Parties) (Proprietary Right) This equation is always in balance. It is the fundamental basis of accounting for the registration of operations. Its basis is the equation of Heritage, A = P + C. For the equation is in balance is necessary: – The assets increased from the left side of the Account (Please) (Cargo) – increase the liability on the right side of the Account (Haber) (subscription) – That the Capital increase on the right side of the Account (Haber) (Fertilizer) Any commercial operation or accounting event involves an exchange of values to the contrary, should be recorded in such a way that affects at least two accounts and debits and credits are for amounts equal and should be analyzed in its entirety Debit (MUST) and Credit (CREDIT). The total of these elements in each transaction is the same. Debit, Load: when quantities are entered on the left side of the equation Pay, Proof: When numbers are written on the right side of the equation decreases the active subscribers (Haber). Capital liabilities and increase subscribers (Haber) Liabilities and Capital decrease by loading (Must) Must Have, the account has a debit balance.
It should be understood by seating the act of breaking down an operation in its entirety accounting, debits and credits. Classification of assets are made up of things of value owned, such as: Cash Accounts and notes receivable Goods Appliances Office Equipment Land Buildings liabilities are obligations that, as the assets are rated according to the order of priority of payment. The liabilities should be classified as current liabilities or short term, long-term liabilities and other liabilities. example, bank obligations Accounts payable to suppliers Other accounts payable to pay social benefits payable Tax Allowance Definition projects.