In accounting training, if there are occurrences from January to November and the ending balance in November, then the account creation in December can be carried out through the following three steps:

1. Check the occurrence amount and closing balance from January to November

First of all, it is necessary to check whether every accounting entry and closing balance from January to November are accurate. This can help ensure that the accounts are accurate and have no omissions or errors.

2. Sort out the accounting vouchers for December

After checking the accounts from January to November, you need to sort out the accounting vouchers for December. This includes reviewing, classifying, accruing, amortizing, carrying forward and other operations for each economic business. Accounting entries need to be prepared based on original vouchers and other relevant materials and recorded in the corresponding account books.

3. Calculate the ending balance of December

After completing the accounting vouchers for December, you need to calculate the ending balance of December. This can be obtained by adding up the current period's amount of each account and the ending balance of the previous period, and carrying it forward according to accounting principles. Ensures the ending balance of each account is accurate, making adjustments and reconciliations as necessary.

How to handle December accounts

1. Carry forward profits and losses

Carry forward the gains and losses in December to the current year's profit account to calculate Profit or loss for the year.

2. Closing the accounts

Carry forward the closing balance in December to the next year to complete the annual closing.

3. Prepare annual financial statements

Prepare financial statements for December according to the report format of the annual financial statements, including balance sheets, income statements, cash flow statements, etc. Ensure reports are accurate, reviewed and approved.

4. Auditing and Submission

Submit annual financial statements to relevant agencies for auditing and submission, such as tax authorities, industrial and commercial bureaus, etc.

Archiving and backing up: Archive and back up annual financial statements and other relevant information for future use and inquiry.