Cash in the Fund

Cash in the Fund


The money is considered a means by which the process of buying and selling (terms of trade), which is used as a unit of measurement of goods and services, money obtained by the treaty is deposited in the Fund or the World Bank.

The accounting treatment of criticism in the Fund
considers the Fund's account of the asset accounts and records of the debtor party when depositing cash, and recorded in the creditor party when is the draw of which read as follows:

sales of money deposited in the Fund the
debtor and the secured creditor statement
xxx from h/Fund
xxx to h/sales
sales of
cash purchases cash disbursements from the Fund
debtor and creditor statement
xxx from h/procurement
xxx to h/Fund
cash purchases
inventory Settlement Fund
established by the appointment of a staff member or group of staff members to oversee the fund (the Fund), so that the amounts in the Fund in the custody of the Secretary of the Fund and is responsible for any shortage in which, when the inventory of the Fund must match the actual balance with ledger balance, if the actual balance for less than the balance notebook means that there is a shortage, if The actual balance was more than the balance notebook and this means an increase in the fund, whether we have a deficit or increase in the Fund requires us to conduct an inventory for the settlement.

Inventory In the case of the settlement of the deficit in the Fund
this deficit occurs when the inventory of the Fund and the actual balance for less than the balance notebook, in this case, the work under the settlement and download the secretary of the Fund shortfall as follows:

debtor and creditor statement
xxx from h/Secretary of the Fund
xxx to h/Fund
Download the secretary of the fund the shortfall in the Fund
if the deficit due to theft or another because it is not the secretary of the Fund had a relationship with him, in this case the account is opened with a deficit of the Fund as follows:

to prove the value of the deficit in the Fund

of the debtor and the secured creditor statement xxx h/Fund deficit
xxx to h/Fund
shortfall in the Fund due to theft
at the end of the year will be closed and the expense of deficit in the profit and loss account (income) as a loss as follows:

Download the income of the period of inability of the
debtor and the creditor The statement
xxx from h/profits and losses (summary income)
xxx to h/
closing fund deficit fund deficit account in the profit and loss account
inventory in the case of the settlement of the increase in the Fund
this increase You Get When the inventory of the Fund and the actual balance of the ledger balance, in this case, the work in the settlement of the value of the increase as the company's revenue and is added to the profit and loss account (income) as follows:

First: To prove the value of the increase in the Fund of the
debtor creditor statement
xxx from h/Fund
xxx to h/increase in the Fund
an increase in the Fund
Ii :close to calculate the increase in the income of the
debtor and the secured creditor statement
xxx from h/increase in the Fund
xxx to h/profits and losses (Summary of income) and the
closure of the expense of an increase in the Fund in the profit and loss account
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