Don't be confused. The accounting entry is: the lent inventory is calculated according to the main business cost. Question: Excuse me, 1, the debit of goods sold is the income from main business. Is it because of VAT? 2. What does it mean to carry forward the cost of selling goods? Why is the subject entry here borrowed: main business cost loan: inventory goods? A: VAT is a turnover tax. Whether you buy or sell, you have to pay VAT (the enterprise is a general taxpayer). Buying is VAT input tax and selling is VAT output tax. Remember that borrowing and selling loans are enough. 2. The cost of carrying forward sales products is literally. The simplest example: you sell clothes. You must have a purchase price. The cost of buying goods, etc. should be added to your cost. Combine some expenses. It is the cost of selling products. The income from the main business is recorded according to how much money you receive or how much money you should receive from selling things. Don't think too complicated. This thing can easily become a real thing. It's all literal. Follow-up: How do you understand that the debit of the cost of carrying forward sales products is the main business cost and the credit is the inventory goods? Answer: I suggest you look at the whole process of industrial enterprises. After the enterprise produces products and sells them in the warehouse, it is called the cost of finished products carried forward. The income from selling goods in the warehouse is included in the main business income. At the end of the month, the enterprise should calculate the actual cost of selling goods. This is called carrying forward the cost of selling products.
Should the lender be the main business income or inventory? Sales of a batch of products, billing to confirm income:
Debit: bills receivable
Loan: income from main business
Taxes payable-VAT payable-output tax
Usually at the end of the month, the cost of the issued goods is checked and carried forward, and the accounting entries are:
Debit: main business cost
Borrow: inventory goods
When the enterprise sells a batch of products worth 5000 yuan, the products have been issued, but the payment has not yet been received. Why does the lender do the main business income instead of selling inventory goods, so there must be income and the products must be carried forward?
Entries of this economic business:
Debit: accounts receivable
Loan: income from main business
Taxable
Debit: main business cost
Borrow: inventory goods
Now, do you understand?
Does the main business income include product sales income and inventory goods? The sales income this month is 133458.45 yuan, and the goods in stock are 180707.98 yuan. Do they add up to main business income?
The landlord misunderstood:
The income from the main business of an enterprise is calculated according to the principle of matching the cost of the products produced.
1. The calculated sales cost of the product = the weighted average unit price of the product * the sales quantity of the product;
2. This month's sales revenue is = product sales unit price * product sales quantity;
3. The number of products sold = the number of goods sold out of inventory; (If you are selling this product)
The quantity and cost of enterprise's inventory goods are unsold finished goods funds, which have no direct relationship with the sales revenue of the enterprise during the reporting period.
1, main business income refers to the basic income generated by the enterprise's regular and main business, such as selling products, semi-finished products and providing industrial services in the manufacturing industry; Income from commodity sales by commodity circulation enterprises; Ticket income, tourist income, catering income of tourism service industry, etc.
2. "Main business income" does not include "inventory goods", and both main business income and inventory goods are first-class accounting subjects.
3, "inventory" subjects, accounting for changes in inventory and its balance. When goods are accepted and put into storage, the subject of "production cost" should be transferred to the subject of "goods in stock"; When selling inventory goods to the outside world, make corresponding accounting treatment according to different sales methods; Other recipients of projects under construction and inventory goods should transfer according to their costs.
Why provide subsidies to canteen employees, collect self-produced products, and borrow inventory goods instead of main business income? This is considered a sale.
Use self-produced and entrusted goods for collective welfare or personal consumption.
Using self-produced and entrusted goods for personal consumption is an accounting treatment to pay the wages of non-monetary employees. Therefore, the Accounting Standards for Business Enterprises No.9-Employee Compensation stipulates that income should be recognized. The accounting entries are:
Debit: Payable to employees.
Loan: income from main business
Taxes payable-VAT payable (output tax)
Then carry forward the cost.
Debit: main business cost
Borrow: inventory goods
As eight sales situations, the entries are as follows:
For example, the cost of inventory goods is 800,000 yuan, the selling price is 6,543,800 yuan, and the output tax is 6,543,800 yuan.
1. Deliver the goods to others for consignment: confirm the income when receiving the consignment list:
Debit: accounts receivable 1 17.
Loan: main business income 100.
Taxes payable-VAT payable (output tax) 17
2. Consignment of goods.
(1) If the selling price of the consignment enterprise is165438+100000 yuan, it will be regarded as a buyout:
Debit: bank deposit (or accounts receivable) 128.7
Loan: main business income 1 10
Taxes payable-VAT payable (output tax) 18.7
(2) the fees under the charging method:
Debit: bank deposit 1 17.
Loan: accounts payable 100
Taxes payable-VAT payable (output tax) 17
3, shall not transfer the same county (city) goods to other institutions for sale. Taxpayers with more than two institutions and unified accounting transfer goods from one institution to other institutions not in the same county (city) for sale, which belongs to internal goods transfer in accounting and should not recognize income. However, because the two institutions respectively declare and pay taxes to the competent tax authorities where their institutions are located, they belong to two taxpayers, so the goods transferor confirms the income and calculates the output tax. The accounting entries are:
Debit: accounts receivable 1 17.
Loan: main business income 100.
Taxes payable-VAT payable (output tax) 17
4. Use self-produced or entrusted goods for tax-free items.
Borrow: Construction in progress 97
Credit: Goods in stock 80
Taxes payable-VAT payable (output tax) 17
5. Use self-produced and entrusted goods for collective welfare or personal consumption.
Using self-produced and entrusted goods for personal consumption is an accounting treatment to pay the wages of non-monetary employees. Therefore, the Accounting Standards for Business Enterprises No.9-Employee Compensation stipulates that income should be recognized. The accounting entries are:
Debit: Payroll payable to employees 1 17.
Loan: main business income 100.
Taxes payable-VAT payable (output tax) 17
6, the production, commissioned processing or purchase of goods as investment, provided to other units or individual operators. Belonging to the exchange of non-monetary assets:
(1) has commercial value. The accounting entries are:
Borrow: long-term equity investment 1 17
Loan: main business income 100.
Taxes payable-VAT payable (output tax) 17
② No commercial substance. The accounting entries are:
Borrow: Long-term equity investment 97
Credit: Goods in stock 80
Taxes payable-VAT payable (output tax) 17
7. Distribute the self-produced, commissioned or purchased goods to shareholders or investors. The accounting entries are:
Borrow: dividend payable 1 17.
Loan: main business income 100.
Taxes payable-VAT payable (output tax) 17
8. Give the self-produced, commissioned or purchased goods to others for free. The accounting entries are:
Debit: non-operating expenses 97
Credit: Goods in stock 80
Taxes payable-VAT payable (output tax) 17
If it helps, please adopt it!
Selling products, using inventory goods or main business income? When selling products, both inventory goods and main business income are used, and economic accounting has two links: confirming income and carrying forward sales cost.
Step 1: Confirm revenue.
The accounting entries are:
Debit: bank deposits or accounts receivable.
Loan: income from main business
Taxes payable-VAT payable (output tax)
The second link: carry forward the cost of sales
The accounting entries are:
Debit: main business cost
Borrow: inventory goods
Loan for selling goods: main business income, but why not lend: main business cost, but inventory goods, why should the cost of inventory goods carried forward to main business match the main business income. The purchased goods may not be sold in the current month, and no income can be included in the cost. For example, if you bought 6,543,800 yuan worth of goods, you sold half of them, and the sales amount was 700,000 yuan, which can only be included in the cost of 500,000 yuan and the gross profit of 200,000 yuan, but not 6,543,800 yuan, with a loss of 300,000 yuan. The remaining 500,000 yuan is inventory goods, and it is not allowed to be included in the cost.