Trial Balance

Currency:…………….
Closing balance
Account name Classification
Debit Credit
ASSETS
Cash in hand Cash and cash X
Bank equivalents X
Short-term CURRENT ASSETS
Short-term investment X
investment
Trade 1. Cash and cash equivalents
Trade receivables X
receivables
Deductible input VAT 2. Held for sale or consumption X
Other within 12 months
Other receivables X
receivables
Short-term prepayment 3. Held primarily for trade X
Raw materials X
Tools and equipments 4. Expected to be realized within 12 X
WIP production cost months X
Inventories
Finished goods X
Goods X
Inventory allowances X
Property, plant and equipments Tangible non- NON-CURRENT ASSETS X
current assets Held for use, production, supply of
Accumulated depreciation goods or services, rentals, X
administrative purposes > 12
Intangible assets Intangible non- months X
Accumulated amortization current assets X
LIABILITY
Trade payables Trade payables X
Short-term
Short-term borrowings X
borrowings
Current portions
Long-term due debts of long-term X
borrowings
Taxes X
Output VAT CURRENT LIABILITIES X
VAT of import goods X
Special consumption tax 1. Expected to be settled within 12 X
months
Import, export tax X
Current tax
Corporate income tax 2. Due to be settled within 12 X
payables
Personal income tax months after reporting date X
Environment tax X
Tax on land X
Other taxes X
Fees and other tax payables X
Labour salary Labour salary X
Accruals Accruals X
Other payables Other payables X
Long-term
Long-term borrowings NON-CURRENT LIABILITIES X
borrowings
Due to be settled > 12 months
Short or long-
Short or long-term Provisions X
term Provisions
EQUITY
Share capital Share capital SHARE CAPITAL X
Share premium RESERVES X
Retained earnings Reserves X
Other reserves X
REVENUES AND OTHER
INCOME
Revenues X
Financial revenues X
Revenues deductions x
Other income X
EXPENSES
Purchases X
Manufacturing and construction
X
costs
Direct materials cost X
Direct labour cost X
Construction machine cost X
Overheads X
Production costing X
Cost of goods sold X
Financial expenses X
Management expenses X
Selling and distribution
X
expenses
Administrative expenses X
Other expenses X
CIT expenses X
PROFIT OR LOSS
Profit and loss account X X
TOTAL X X