This paper will introduce some basic knowledge of accounting, including profit and loss adjustment, capital reserve and deferred income tax assets. Through these small classes, I believe that everyone can better master the knowledge of accounting.

Profit and loss adjustment 80

When investing in growth stocks, we need to make profit and loss adjustments. For example, when adjusting the growth stock investment, we need to adjust the profit and loss by 80, so as to get the correct investment results.

Adjustment of capital reserve

When business combination happens under the same control, we need to adjust the capital reserve. If there is a difference between the investment cost and the merger cost, it is necessary to adjust the capital reserve to ensure that the book value is consistent with the merger cost.

Withdrawal of deferred income tax assets

When calculating the tax basis of inventory, we need to pay attention to the provision of deferred income tax assets. If the book value of inventory is different from that of tax basis, deferred income tax assets need to be accrued to ensure the accuracy of tax declaration.