ACCOUNTING COVERAGE OF THE CONTROL OF THE CAPITAL CIRCULATION

Abstract

The founder has the obligation to provide the necessary funds to the newly established company. Provid- ing funds or obtaining it can be from their own accumulation, ie, come from own sources, and borrowed funds, which are other sources or borrowed capital. The company’s capital is also called net property or clear profit. Based on the legal form of the company, the way of obtaining own funds is different. Starting from this fact and other criteria prescribed by law, the following legal forms, the companies are distinguished: sole proprietorship companies, partnership companies and corporations. Funds derived from borrowed funds are at the disposal of the company, in accordance with the contract in which the deadlines are specified and the interest on their use. Borrowed sources are primarily bank loans and oth- er financial institutions and the issuance of credit securities such as bonds. Depending on the maturity date, the borrowed resources are divided into short-term and long-term loans and current liabilities.