Accounting for financial investments. Accounting for financial investments Credit 58 of the account shows

Account 58 “Financial Investments” is intended to summarize information on the presence and movement of an organization’s investments in government securities, shares, bonds and other securities of other organizations, authorized (share) capital of other organizations, as well as loans granted to other organizations.

Sub-accounts can be opened for account 58:

1. 58-1 “Units and shares”

2. 58-2 “Debt securities”

3. 58-3 “Loans provided”

4. 58-4 “Deposits under a simple partnership agreement”, etc.

Subaccount 58-1 takes into account the presence and movement of investments in shares joint stock companies, authorized (share) capitals of other organizations, etc.

Subaccount 58-2 takes into account the presence and movement of investments in government and private securities (bonds, etc.).

Subaccount 58-3 takes into account the movement of monetary and other loans provided by the organization to individuals and legal entities (except for employees of the organization). Provision by an organization to individuals and legal entities (except for employees of the organization) of loans secured by bills of exchange are accounted for separately in this subaccount.

In subaccount 58-4, the partner organization takes into account the presence and movement of deposits in common property under a simple partnership agreement.

Analytical accounting for account 58 is carried out by type financial investments and the objects in which these investments were made. Construction analytical accounting should provide the ability to obtain data on short-term and long-term assets. At the same time, accounting for financial investments within a group of interrelated organizations, about the activities of which a free report is compiled financial statements, is maintained on account 58 “Financial investments” separately.

Account 58 “Financial investments” corresponds with the accounts:

By debit

51 Current accounts

52 Currency accounts

75 Settlements with founders

80 Authorized capital

91 Other income and expenses

98 Deferred income

By loan

51 Current accounts

52 Currency accounts

76 Settlements with various debtors and creditors

80 Authorized capital

90 Sales

91 Other income and expenses

99 Profit and loss

Basic accounting entries count 58

1. d.58-2 k.50 Reflects the initial cost of financial investments in securities paid from the cash desk in cash

2. d.58-3 k.50 Cash loans provided to other organizations

3. d.58-2 k.51 Reflects the initial cost of financial investments in securities paid from the current account

4. d.58-3 k.51 Loans provided from the current account to other organizations

5. d.58-4 k.51 Reflects the cost of the contribution under the PT agreement made in cash by the partner organization

6. d.58-2 k.52 Reflects the initial cost of financial investments in securities paid from a foreign currency account

7. d.58-3 k.52 Loans provided from a foreign currency account to other organizations

8. d.58-2 k.75 Receipt reflected valuable papers in payment for shares

9. d.58-1 k.76 Reflects the posting of deposits made to the organization’s capital

10. d.58-1 k.76 Obtained ownership rights to purchase shares

11. d.58-4 k.80 Reflects the receipt of financial investments made by the organization - a friend of the treasure account under the PT agreement

12. d.58-1 k.91-1 Reflects the excess of the monetary value of the contribution to the organization’s capital over the book value of the transferred property

13. d.58-2 k.91 The book value of bonds has been increased by the amount of positive exchange rate difference

14. d.58-1 k.98 Reflected in the form of gratuitously received property, the nominal value of additionally received shares

15. d.51 k.58-3 Reflects the return to the current account of loans previously provided to other organizations

16. d.52 k.58-3 Reflects the return to the foreign currency account of loans previously provided to other organizations

17. d.76 k.58-2 Part of the difference between the purchase and par value of debt securities was written off

18. d.80 k.58-4 Reflects the return of the contribution made in the form of financial investments to the partner organization withdrawing from the PT agreement

19. d.90 k.58-2 The book value of securities was written off upon their sale

20. d.91 k.58-2 Decommissioned book value redeemable bonds

21. d.91 k.58-2 The book value of bonds was reduced by the amount of negative exchange rate difference

22. d.91 k.58-2 The book value of securities was written off upon their sale

23. d.91 k.58-4 Reflects the excess of the value of the deposit under the PT agreement over the value of the returned asset upon termination of the agreement

These are financial investments, which include, in particular, state and municipal securities, securities of other organizations (including bonds, bills), deposits in authorized capitals other organizations, interest-bearing loans provided to other organizations, deposits, receivables acquired on the basis of assignment of the right of claim (clause 3 of PBU 19/02).

Account 58 “Financial investments” () is intended as the chart of accounts and instructions for its use to summarize information on the availability and movement of an organization’s financial investments. 58 accounting account is an active synthetic account, the debit of which reflects the receipt (increase in value) of financial investments, and the credit reflects their disposal (decrease in value). Analytical accounting on account 58 is carried out by type of financial investments and objects in which these investments were made (for example, by borrowing organizations).

In addition, in analytical accounting, financial investments should be divided into short-term and long-term.

Also, financial investments within the group of interrelated organizations for which consolidated financial statements are prepared should be taken into account separately on account 58 (Order of the Ministry of Finance dated October 31, 2000 No. 94n).

Subaccounts to account 58

An organization can open, in particular, the following sub-accounts to account 58:

Typical transactions for account 58

Let us present in the table some typical accounting entries for account 58 (Order of the Ministry of Finance dated October 31, 2000 No. 94n):

To reflect generalized information about investments and deposits made by organizations in securities, account 58 is used. In the article we will talk about the basic rules for using this account, and also consider in detail examples of recording transactions on account 58.

Account 58 in accounting: features of use

Account 58 is used by enterprises to reflect and analyze the amounts of investments and deposits in bonds, shares, and securities (both other organizations and government ones). When making a deposit, its amount is recorded according to Debit 58, when it is written off - according to Credit 58. Analytical accounting for account 58 is organized in the context of the types of transactions reflected on it (shares, debt loans, deposits, coupon bonds, etc.).

Let's consider typical wiring: (click to expand)

Account 58: account transactions using examples

In order to clearly understand all aspects of accounting for account 58, we use examples.

Account 58. Operations involving the provision of loans

According to the agreement concluded on August 1, 2015, Spectr JSC provides Etude LLC with a loan on the following terms:

• loan amount – 1,415,300 rubles;
• Refund deadline – November 30, 2015;
• interest on borrowed funds is 28% per annum.

Based on the agreement, the accountant of Spektr JSC recorded the following transactions:

Account 58. Accounting for bonds with coupon income

Hidden text

• nominal value - 1241 rubles;
• purchase price – 1315 rubles.

The issuer of the bond is Megapolis JSC.

For this bond you must receive two coupon payments, each of which is 15% of the bond's par value (1,240 rubles * 15% = 186 rubles).

The accountant of Stolitsa JSC carried out the following accounting operations:

If the agreement provided for the purchase of a bond at a price of 1063 rubles, then the entries in the accounting of JSC Stolitsa would be as follows:

Account 58. Placing a foreign currency deposit

On September 12, 2015, an agreement was concluded between Kvartal JSC and Stolichny Bank for the placement of a deposit:

• deposit amount – USD 54,300;
• placement period – 2 months;
• interest rate – 9.5% per annum.

The conventional US dollar exchange rate was:

• as of September 12, 2015 – 61.47 rubles/dollar. USA;
• as of September 30, 2015 – 61.72 rubles/dollar. USA;
• as of 10/31/2015 – 61.66 rubles/dollar. USA;
• as of 11/12/2015 – 61.22 rubles/dollar. USA.

The accountant of Kvartal JSC recorded the following entries in the accounting:

Account 58. Accounting for transactions with bills of exchange

As of November 1, 2015, the debt of Revansh JSC to the thermal energy supply company Teplovik amounted to 12,954 rubles, VAT 1,976 rubles. In November 2015, Revansh JSC acquired a bill of exchange from Teplovik at a price of RUB 9,340. (nominal value - 12,954 rubles). The promissory note was purchased to pay off the debt of Revansh JSC to the Teplovik company, which was done on November 30, 2015.

The accountant of Revansh JSC made the following entries in the accounting:

58 “Financial investments” is used by legal entities to display information about the organization’s invested funds in securities (shares, bonds, etc.), shares in the authorized capital of other companies (including interdependent ones), as well as summarizing information about loans provided.

Account 58 in accounting is a collective account that reflects data on the enterprise's invested assets in securities (public and private), authorized capital of other companies, and the provision of loans to individuals and legal entities (with the exception of company employees).

In addition to account 58, sub-accounts are opened:

58.1 - information is summarized on purchased shares of the joint-stock company, shares in the authorized capital of other companies

58.2 - information about investments in public or private debt securities (bonds, etc.) is displayed;

Account 58 - active. The debit displays financial investments in securities in correspondence with the corresponding accounts for recording valuables transferred as investments (for example, money from accounts 50,51,52). Repayment or sale is carried out in accounting according to Kt58 in correspondence with the account. 91 (90).

Investments in securities, the current value of which is determined, are subject to monthly or quarterly revaluation in order to include assets in the annual financial statements. The adjustment amount is applied to the company’s financial results (91.01, 91.02)

For debt securities that are not traded on the market, the difference between the original price and the nominal price is applied to the financial results of the organization’s activities evenly over the period of their circulation and receipt of income.

58.3 - mutual settlements are displayed for the presented legal and individuals borrowed amounts. An exception is loans issued to employees of the enterprise.

Dt58 contains information about the loans provided (in case of partial or full repayment the amount is taken into account in Kt58).

58.4 - information about the presence of a share in the common property of a simple partnership is taken into account.

Analytical monitoring financial investments is carried out according to the objects of deposits (the company's counterparties - issuers, organizations whose share in the authorized capital belongs to the company and borrowers), as well as separately according to the type of investment.

Attention!

Investments in interdependent companies are shown separately on account 58

Regulatory regulation

Using account 58 to record investment information Money legal entities in securities, authorized capitals of third-party enterprises, provision of loans is carried out in accordance with the Chart of Accounts (Order of the Ministry of Finance dated October 31, 2000 No. 94), PBU 19/02 and other legislative documents.

Common business transactions, accounting entries

1. Display of completed financial investments

   Dt58.01,58.02 Kt50 - in cash;

   Dt58.01,58.02 Kt51 - through a current account

   Dt58.01,58.02 Kt52 - through a foreign currency account

   Dt58.01,58.02 Kt76 - acquisition of shares and bonds from various creditors

2. Providing borrowed funds (except for company employees)
3. Free receipt of shares and bonds
4. Repayment of loans provided
5. Disposal of shares, bonds

   Dt90.02 Kt58.01,58.02 - for those organizations whose main activity is the sale of securities

   Dt91.02 Kt58.01,58.02 - for other companies

6. Cost adjustment

   Dt58 Kt91 - revaluation, increase in book value

   Dt91.02 Kt58 - markdown, reduction in book value

Victor Stepanov, 2017-03-17

Questions and answers on the topic

No questions have been asked about the material yet, you have the opportunity to be the first to do so

Reference materials on the topic

Sub-accounts can be opened for account 58 “Financial investments”:

58-1 “Units and shares”;

58-2 “Debt securities”;

58-3 “Loans provided”;

58-4 “Deposits under a simple partnership agreement”, etc.

Subaccount 58-1 “Shares and shares” takes into account the presence and movement of investments in shares of joint-stock companies, authorized (share) capitals of other organizations, etc.

Subaccount 58-2 “Debt securities” takes into account the presence and movement of investments in government and private debt securities (bonds, etc.).

Financial investments made by the organization are reflected in the debit of account 58 “Financial investments” and the credit of accounts that record the values ​​​​to be transferred on account of these investments.

For example, the acquisition by an organization of securities of other organizations for a fee is carried out in the debit of account 58 “Financial investments” and the credit of account 51 “Currency accounts” or 52 “Currency accounts”.

For debt securities for which the current market value is not determined, the organization is allowed to attribute the difference between the initial value and the nominal value during their circulation period evenly, as income is due on them in accordance with the terms of issue, to financial results commercial organization or a decrease or increase in expenses of a nonprofit organization.

Subaccount 58-3 “Loans provided” takes into account the movement of monetary and other loans provided by the organization to legal entities and individuals (except for employees of the organization). Loans provided by the organization to legal entities and individuals (except for employees of the organization) secured by bills of exchange are accounted for separately in this subaccount.

In subaccount 58-4 “Deposits under a simple partnership agreement,” the partner organization takes into account the presence and movement of contributions to common property under a simple partnership agreement.

Analytical accounting for account 58 “Financial investments” is carried out by types of financial investments and objects in which these investments are made (organizations that sell securities; other organizations in which the organization is a participant; borrower organizations, etc.). The construction of analytical accounting should provide the ability to obtain data on short-term and long-term assets. At the same time, accounting for financial investments within a group of interrelated organizations, about the activities of which consolidated financial statements are prepared, is kept separately in account 58 “Financial investments”.

Account 58 “Financial investments” corresponds with the accounts:

Account 58 “Financial investments”

Account 58 “Financial Investments” is intended to summarize information on the presence and movement of an organization’s investments in government securities, shares, bonds and other securities of other organizations, authorized (share) capital of other organizations, as well as loans granted to other organizations.

Sub-accounts can be opened for account 58 “Financial investments”:

• 58.1 “Units and shares”— the presence and movement of investments in shares of joint-stock companies, authorized (share) capitals of other organizations, etc. are taken into account.
• 58.2 “Debt securities”— the presence and movement of investments in government and private debt securities (bonds, etc.) are taken into account.
  Financial investments made by the organization are reflected in the debit of account 58 “Financial investments” and the credit of accounts that record the values ​​​​to be transferred on account of these investments. For example, the acquisition by an organization of securities of other organizations for a fee is carried out in the debit of account 58 “Financial investments” and the credit of account 51 “Currency accounts” or 52 “Currency accounts”.
  For debt securities for which the current market value is not determined, the organization is allowed to attribute the difference between the initial value and the nominal value during the period of their circulation evenly, as income is due on them in accordance with the terms of issue, to the financial results of the commercial organization or a decrease or increase in expenses of a non-profit organization.
  When writing off the amount in excess of the purchase price of bonds and other debt securities acquired by the organization over their nominal value, entries are made in the debit of the account (for the amount of income due on the securities) and in the credit of accounts 58 “Financial investments” (for part of the difference between the purchased and nominal cost) and 91 “Other income and expenses” (for the difference between the amounts allocated to accounts 76 “Settlements with various debtors and creditors” and 58 “Financial investments”).
  When additionally accruing the amount of excess of the nominal value of bonds and other debt securities acquired by the organization over their purchase price, entries are made in the debit of accounts 76 “Settlements with various debtors and creditors” (for the amount of income due on securities) and 58 “Financial investments” ( for part of the difference between the purchase and nominal value) and to the credit of account 91 “Other income and expenses” (for total amount, attributed to accounts 76 “Settlements with various debtors and creditors” and 58 “Financial investments”).
  Redemption (redemption) and sale of securities accounted for on account 58 “Financial investments” are reflected in the debit of account 91 “Other income and expenses” and the credit of account 58 “Financial investments” (except for organizations that reflect these transactions on account 90 “Sales”) ").
• 58.3 “Loans provided”— the movement of monetary and other loans provided by the organization to legal entities and individuals (except for employees of the organization) is taken into account.

  Loans provided by the organization to legal entities and individuals (except for employees of the organization) secured by bills of exchange are accounted for separately in this subaccount.
  Loans provided are reflected in the debit of account 58 “Financial investments” in correspondence with account 51 “Current accounts” or other relevant accounts. The loan repayment is reflected in the debit of account 51 “Current accounts” or other relevant accounts and the credit of account 58 “Financial investments”.

• 58.4 “Deposits under a simple partnership agreement”— the partner organization takes into account the presence and movement of contributions to the common property under the simple partnership agreement.
  The provision of a deposit is reflected in the debit of account 58 “Financial investments” in correspondence with account 51 “Current accounts” and other relevant accounts for accounting for allocated property.
  Upon termination of a simple partnership agreement, the return of property is reflected in the credit of account 58 “Financial investments” in correspondence with the property accounts.
• and etc.

Analytical accounting Account 58 “Financial Investments” is maintained by type of financial investment and the objects in which these investments were made (organizations that sell securities; other organizations in which the organization is a participant; borrowing organizations, etc.). The construction of analytical accounting should provide the ability to obtain data on short-term and long-term assets. At the same time, accounting for financial investments within a group of interrelated organizations, about the activities of which consolidated financial statements are prepared, is kept separately in account 58 “Financial investments”.

Account 58 “Financial Investments” corresponds with the following accounts of the Plan:

by debit

• 50 "Cashier"
• 51 “Current accounts”
• 52 “Currency accounts”
• 75 “Settlements with founders”
• 76 “Settlements with various debtors and creditors”
• 80 “Authorized capital”
• 91 “Other income and expenses”
• 98 “Deferred income”

on loan

• 51 “Current accounts”
• 52 “Currency accounts”
• 76 “Settlements with various debtors and creditors”
• 80 “Authorized capital”
• 90 "Sales"
• 91 “Other income and expenses”
• 99 "Profits and losses"

Subaccount 58-3 “Loans provided” takes into account the movement of monetary and other loans provided by the organization to legal entities and individuals (except for employees of the organization). Granted loans secured by bills of exchange are accounted for separately in this subaccount.

For lenders, issued loans are financial investments. Relations under loan agreements are regulated by paragraph 1 of Chapter 42 Civil Code and PBU 15/2008 “Accounting for expenses on loans and credits”.

Expenses associated with loans and credits received are:

̵ interest due to the lender (creditor);

̵ amounts paid for information and consulting services;

̵ amounts paid for the examination of the loan agreement ( loan agreement);

̵ other expenses directly related to obtaining loans (credits).

Loan expenses are reflected in accounting monthly separately from the principal amount of the liability as part of other expenses, with the exception of that part of them that is subject to inclusion in the cost of the investment asset (account 08 “Investments in non-current assets”).

Accounting with the lender

58.3/51 – a cash loan was provided;

58.3/90.1 – a loan was provided in goods;

58.3/91.1 – a loan was provided with other property;

90.3,91.3/68 – VAT charged;

D 008 – guarantees or collateral were received to secure the loan agreement;

76.3/91.1 – interest accrued for using the loan;

51/58.3 – loan issued in cash is returned;

10.41/60 – materials and goods issued under the loan agreement were capitalized from the borrower;

19/60 – VAT is recorded;

60/58.3 – offset of obligations (loan closure);

51/76.3 – payment of interest for the use of borrowed funds;

K 008 – return of a previously received guarantee or collateral under a loan agreement.

Accounting with the borrower

51/66.67 – a cash loan was received;

10.41/60 – materials and goods received under the loan agreement were capitalized from the lender;

19/60 – VAT is recorded;

60/66.67 – novation of the obligation is reflected (loan issued);

91.2/66.67 – interest accrued for using the loan;

66.67/51 – interest paid for using the loan;

D 009 – guarantees or collateral were issued to secure the loan agreement;

66.67/51 – repayment of a loan received in cash;

62/90.1 – return of goods received under a loan agreement;

62/91.1 – return of materials received under the loan agreement;

90.3,91.3/68 – VAT charged;

90.2/41 – the cost of goods is written off;

91.2/10 – cost of materials written off;

66.67/62 – offset, closing of a loan agreement;

K 009 – return of previously issued guarantees or collateral under a loan agreement.

Accounting for interest on funds raised to create an investment asset

The cost of an investment asset includes interest payable to the lender directly related to the creation of the investment asset. Investment assets include unfinished construction projects that will be accepted for completion. accounting borrower and (or) customer (investor, buyer) as fixed assets (including land), intangible assets or other non-current assets.

Conditions for including interest in the value of an investment asset:

̵ costs of creating an investment asset and associated borrowing costs are subject to recognition in accounting;

̵ work has begun to create an investment asset.

Interest payable to the lender related to the creation of an investment asset is reduced by the amount of income from the temporary use of funds received from loans as long-term and (or) short-term financial investments.

When the creation of an investment asset is suspended for a period of more than three months, interest payable to the lender ceases to be included in the cost of the investment asset from the first day of the month following the month of suspension of the acquisition, construction and (or) production of such an asset.

During the specified period, interest payable to the lender is included in other expenses of the organization.

When the creation of an investment asset is resumed, the interest payable to the lender is included in the cost of the investment asset from the first day of the month following the month of resumption of acquisition, construction and (or) production of such an asset.

The period during which additional approval of technical and (or) organizational issues that arose in the process of its creation is not considered a period of suspension of the creation of an investment asset.

Interest payable to the lender ceases to be included in the cost of the investment asset from the first day of the month following the month of termination of the creation of the investment asset, or the beginning of its operation, incl. partial.

91.2/66.67 – interest accrued for the use of borrowed funds not related to the creation of an investment asset;

08/66.67 – interest accrued for the use of borrowed funds associated with the creation of an investment asset;

Account 58 “Financial Investments” reflects information on the availability and movement of the organization’s investments in government securities, shares, bonds and other securities of other organizations, authorized capitals of other organizations, as well as loans granted to other organizations.

Sub-accounts can be opened for account 58 “Financial investments”:

58-01 "Shares";

58-

02 "Promotions";

58-

03 "Bonds";

58-

07 "04 "Bills";"; 58-

58-

05 "Loans provided";

58-

06 "Deposits under a simple partnership agreement";

58-

Deposits

09 "Other"; 58- used to purchase securities before they are accepted for accounting;

-

other expenses directly related to the acquisition of securities.

The amount of actual costs for the organization’s financial investments is reflected in the debit of subaccount 58-10 “Costs of making financial investments” in correspondence with the accounts that record the values ​​​​to be transferred on account of these investments, and is written off from the credit of this subaccount to the debit of the corresponding subaccounts of account 58 "Financial investments".

Subaccounts 58-01 "Shares" and 58-02 "Shares" account for investments in shares of joint-stock companies, authorized capitals of other organizations created in the country and abroad. The amount of funds in the amount according to constituent documents

, transferred to the authorized (share) capital of the organization, is debited to subaccounts 58-01 "Shares", 58-02 "Shares" in correspondence with the credit of subaccount 50-01 "Cash of the organization", accounts 51 "Current accounts", 52 "Currency accounts." By the debit of subaccounts 58-01 "Shares", and 58-02 "Shares" in correspondence with the credit of accounts: 01 "Fixed assets", 04 "Intangible assets", 10 "Materials", 41 "Goods", 43 " Finished products " reflects the transfer of the organization's property to the authorized capital. In this case, the difference between the valuation of the contribution reflected in subaccounts 58-01 "Shares" and 58-02 "Shares" and the value of the transferred property is reflected as a credit (as operating income) or debit (as operating expense

) account 91 "Other income and expenses". By credit of subaccounts 58-01 "Shares" and 58-02 "Shares" in correspondence with accounts: 01 "Fixed assets", 04 "Intangible assets", 10 "Materials", 41 "Goods", 43 "Finished products", 50 “Cashier”, 51 “Settlement accounts”, 52 “Currency accounts” reflect transactions of return to the participant (founder) of his contribution to the authorized capital of the organization upon its liquidation or exit depositor organization from the participants (founders) in the form of cash, fixed assets, intangible assets, inventories

, goods etc. When purchasing shares on secondary market

securities, the formation of the value of shares of other organizations is reflected in the debit of subaccount 58-02 “Shares” and the credit of account 76 “Settlements with various debtors and creditors”.

When selling shares of other organizations, their value, recorded in subaccount 58-02 "Shares", is written off as a debit to subaccount 91-02 "Other expenses".

Subaccount 58-03 “Bonds” takes into account the presence and movement of investments in government and private debt securities.

The purchase of bonds is reflected in the debit of subaccount 58-03 “Bonds” and the credit of account 51 “Current accounts”.

When purchasing bonds on the secondary securities market, their cost is W.W.W...I.n.e.t.L.i.b:Ru. -

includes part of the interest (income) accrued by the seller since his last payment.

When purchasing debt securities for which the current market value is not determined, at a price lower or higher than their nominal value, the difference between the amount of actual acquisition costs and the nominal value is allowed to be applied evenly to financial results during the period of their circulation as the income due on them is accrued . The procedure for bringing debt securities purchased at a price different from their face value during the circulation period must be provided for in accounting policy organizations.

When writing off the amount in excess of the purchase price of bonds acquired by an organization over their par value, entries are made in the debit of account 76 “Settlements with various debtors and creditors” and in the credit of subaccount 58-03 “Bonds” (for part of the difference between the purchase and par value, subject to equal write-off in during the circulation period of the bonds); the debit of account 76 “Settlements with various debtors and creditors” and the credit of account 91 “Other income and expenses” (for the difference between the amount of income receivable on the bonds and part of the difference between the purchase and face value of the bonds).

When additionally accruing the amount of excess of the par value of the bonds acquired by the organization over their purchase price, entries are made in the debit of account 76 “Settlements with various debtors and creditors” and in the credit of account 91 “Other income and expenses” (for the amount of income due on securities); the debit of subaccount 58-03 “Bonds” and the credit of account 91 “Other income and expenses” (for part of the difference between the purchase and nominal value, subject to uniform write-off during the circulation period of the bonds).

The receipt of income on securities to the current account is reflected in the debit of account 51 “Settlement accounts” and the credit of account 76 “Settlements with various debtors and creditors”.

Redemption (redemption) and sale of securities accounted for in subaccount 58-03 "Bonds" are reflected in the debit of subaccount 91-02 "Other expenses" and the credit of subaccount 58-03 "Bonds" (except for organizations that reflect these transactions in account 90 "Sales").

Subaccount 58-04 “Bills” reflects the availability and movement of financial bills.

Financial bills represent investments by an organization with the purpose of generating income. Financial bills are accepted for accounting in the amount of actual costs for the investor. Income from a financial bill is generated at the time of its sale or presentation for payment. The date of turnover under a financial bill is considered to be the day of its transfer to the new owner (endorsement date) or the date of its presentation (acceptance date).

When disposing of bills before maturity, repaying an interest-bearing financial bill, repaying a discount financial bill, transferring a third party bill of exchange as payment to a supplier or other creditor, the carrying amount of the financial bill is written off from the credit of subaccount 58-04 “Bills” to the debit of subaccount 91-02 “Other expenses” ".

A bill not paid on time is subject to protest. To make a protest, the holder of the bill presents the unpaid bill to the notary at the location of the payer. The notary draws up a protest act and makes a corresponding note on the bill. The registration of a protest on a financial bill for the amount of par value is reflected in the debit of account 76 “Settlements with various debtors and creditors”, subaccount 25 “Settlements on claims” and the credit of subaccount 58-04 “Bills”.

Bills of exchange can be pledged to secure a loan. Bills of exchange transferred to the bank to secure a loan or for collection continue to be listed in the accounting records of the organization-bill holder in subaccount 58-04 “Bills” with an indication in the analytical accounting of the bank to which they were pledged. In case of non-repayment of the loan, the bank retains the bill of exchange secured by the loan, and the carrying value of the retired bill of exchange is written off from the credit of subaccount 5804 “Bills of Exchange” to the debit of subaccount 91-02 “Other expenses”.

Subaccount 58-05 “Loans provided” takes into account the movement of monetary and other loans provided by the organization to legal entities and individuals (except for employees of the organization) (including under a commercial loan agreement). Loans provided by the organization to legal entities and individuals (except for employees of the organization) secured by bills of exchange are accounted for separately in this subaccount.

Loans provided are reflected in the debit of subaccount 58-05 “Provided loans” in correspondence with account 51 “Current accounts” or other relevant accounts.

Under a commercial loan agreement, the organization provides a deferred payment of funds for goods sold, work performed, and services rendered. Sum accounts receivable organizations for goods sold, work performed, services rendered is reflected in the debit of account 62 “Settlements with buyers and customers” or account 76 “Settlements with various debtors and creditors”. The provision of a commercial loan is reflected in the debit of subaccount 58 5

“Loans provided” in correspondence with account 62 “Settlements with buyers and customers” or account 76 “Settlements with various debtors and creditors”.

Repayment of a loan (including that provided under a commercial loan agreement) is reflected in the debit of account 51 “Current accounts” or other relevant accounts and the credit of subaccount 58-05 “Provided loans”.

In subaccount 58-06 “Deposits under a simple partnership agreement,” the partner organization takes into account the presence and movement of contributions to common property under a simple partnership agreement.

The provision of a deposit is reflected in the debit of subaccount 58-06 “Deposits under a simple partnership agreement” in correspondence with account 51 “Current accounts” and other relevant accounts for accounting for allocated property. Upon termination of a simple partnership agreement, the return of property is reflected in the credit of subaccount 58-06 “Deposits under a simple partnership agreement” in correspondence with the property accounting accounts.

Subaccount 58-07 “Deposits” takes into account the movement of funds invested by the organization in bank and other deposits.

The transfer of funds to deposits is reflected by the organization in the debit of subaccount 58-07 “Deposits” in correspondence with account 51 “Currency accounts” or account 52 “Currency accounts”. Upon return credit institution the amounts of deposits in the organization's accounting records are reversed. The accrual of interest on deposits is reflected in the debit of subaccount 58-07 “Deposits” and the credit of account 91 “Other income and expenses”.

Analytical accounting for subaccount 58-07 “Deposits” is maintained for each deposit.

Subaccount 58-09 “Other” is intended to summarize information on the availability and movement of other types of financial investments.

Subaccount 58-10 “Costs of making financial investments” is intended to summarize information about the costs incurred by the organization in making financial investments. After completion of formation initial cost financial investments they are accepted for accounting in the corresponding subaccounts of account 58 “Financial investments”.

Analytical accounting for account 58 “Financial investments” is carried out by types of financial investments and objects in which these investments are made (organizations that sell securities; other organizations in which the organization is a participant; borrowing organizations, etc.). The construction of analytical accounting should provide the ability to obtain data on short-term and long-term assets. At the same time, accounting for financial investments within a group of interrelated organizations, about the activities of which consolidated financial statements are prepared, is kept separately in account 58 “Financial investments”.

Table 5.6.

Account 58 "Financial investments" corresponds with the accounts On debit On credit 50 "Cash" 51 "Settlement accounts" 51 "Settlement accounts" 52 "Currency accounts" 52 "Currency accounts" 76 "Settlements with various debtors and creditors" 75 "Settlements with founders" 80 "Authorized capital" 7 6 "Settlements with various debtors and creditors" 90 "Sales" 80 "Authorized capital" 91 "Other income and expenses" 91 "Other income and expenses" 99 "Profits and losses" 98 "Future income periods"