cash balance
Debit: Cash on hand.
Loan: loss and surplus of pending property.
Borrow: Loss and overflow of pending property.
Loans: other payables (the part that should be paid to relevant personnel or units) and non-operating income (the part for which no reason can be found).
run out of cash
Borrow: Loss and overflow of pending property.
Credit: Cash on hand: other receivables (the part that should be compensated by the responsible party) and management expenses (the part that cannot be found out).
Credit: 3354 in Xiao Leirong's new textbook "Basic Course" is used for the loss and overflow of the property to be treated.
Entry 2 Other monetary funds
(1) Accounting Treatment of Bank Bill Deposit Enterprise Node When a purchasing enterprise fills in the "Bank Bill Application Form" and deposits the money in the bank,
Borrow: other monetary funds-bank draft
Loans: bank deposits
When purchasing goods by bank draft and receiving related invoices and bills.
Borrow: taxes payable for purchasing materials, raw materials and inventory goods. -VAT payable (input tax)
Loan: other monetary funds-bank draft
When the purchase is completed and the remaining money is recovered
Debit: bank deposit
Loan: other monetary funds-bank draft
When the sales enterprise receives the bank draft, it fills in the deposit slip and goes through the entry formalities at the bank.
Debit: bank deposit
Loan: Taxes payable on main business income-VAT payable (output tax).
(2) Enterprise node accounting treatment of cashier's check deposits When the purchasing enterprise fills in the "Application for cashier's check" and deposits the money in the bank,
Borrow: other monetary funds-cashier's check
Loans: bank deposits
When purchasing goods by cashier's check and receiving relevant invoices and bills,
Borrow: taxes payable for purchasing materials, raw materials and inventory goods. -VAT payable (input tax)
Loan: other monetary funds-cashier's check
When the sales enterprise receives the cashier's check, it fills in the deposit slip and goes through the entry formalities in the bank.
Debit: bank deposit
Loan: Taxes payable on main business income-VAT payable (output tax).
(III) Credit Card Deposit Node Accounting Processing When an enterprise applies for a credit card and deposits with a bank, it shall fill in a "Credit Card Application Form", send it to the issuing bank together with a cheque and related materials, and send the receipt in the first copy according to the seal of the bank:
Borrow: other monetary funds-credit card
Loans: bank deposits
When shopping or paying related expenses with the company credit card
Borrow: management fees, etc.
Loan: other monetary funds-credit card
During use, when the funds in the account are updated.
Borrow: other monetary funds-credit card
Loans: bank deposits
When the account is cancelled, the balance shall be transferred to basic deposit account, and no cash shall be withdrawn.
Debit: bank deposit
Loan: other monetary funds-credit card
(4) When the investment margin node accounting processing enterprise transfers funds to the securities company,
Borrow: other monetary funds-deposit investment funds.
Loans: bank deposits
When buying stocks, bonds, funds, etc.
Borrow: transactional financial assets, etc.
Loan: other monetary funds-deposited as investment funds.
[Item 3] Transactional financial assets
When purchasing trading financial assets
Debit: 3354 Cost of transaction financial assets (fair value)
Dividend receivable/interest receivable (declared but unpaid cash dividend included in the payment price or bond interest that has reached the interest payment period but has not been recovered)
Investment income (transaction cost)
Taxes payable-VAT payable (input tax) (deductible VAT corresponding to transaction costs)
Loan: other monetary funds, etc. (Total price paid)
Get dividends or interest included in the purchase price.
Borrow: other monetary funds, etc.
Loans: dividends receivable/interest receivable
Holding declared cash dividends or accrued interest due.
At the time of publication/accumulation
Debit: Dividends receivable (cash dividends announced by the investee) Interest receivable (accrued unpaid interest).
Loan: investment income
Upon receipt
Borrow: other monetary funds, etc.
Loans: dividends receivable/interest receivable
The fair value of trading financial assets held in this period is higher than the book balance.
Debit: Changes in fair value of trading financial assets 3354
Loans: gains and losses from changes in fair value
The fair value of trading financial assets held during this period is lower than the book balance.
B
Investment income (the difference is reversed, the loss is debited and the income is credited)
When it is for sale, it is not necessary to transfer the gains and losses from changes in fair value into investment income.
Generate VAT payable for transferred financial goods.
transfer income
Borrow: investment income, etc.
Loan: taxes payable-value-added tax payable on the transfer of financial commodities.
Generate transmission loss
Borrow: Taxes payable-VAT payable for financial commodity transfer.
Loan: investment income, etc.
At the end of the year, if there is a debit balance in the subject "Taxes payable 3354 VAT payable on financial product transfer", it means that the loss of financial product transfer this year cannot be made up, and the loss of financial asset transfer this year cannot be carried forward to the next year to continue to offset the income from financial asset transfer.
Borrow: investment income, etc.
Loan: taxes payable-value-added tax payable on the transfer of financial commodities.
[Item 4] Short-term investment of small enterprises
Small businesses buy all kinds of stocks, bonds and funds.
Borrow: short-term investment
Dividends receivable (declared unpaid cash dividends)
Interest receivable (interest on bonds not yet paid due)
Loan: Bank deposit (paid)
Purchase price and related taxes)
During the holding period of short-term investment, the investee announces the distribution of cash dividends.
Debit: Dividends receivable
Loan: investment income
On the interest payable date of the debtor, the interest income is calculated according to the coupon rate where the interest is paid in installments and the principal is repaid in one lump sum.
Borrow: interest receivable
Loan: investment income
Sell short-term investments
Debit: Bank deposit/cash on hand (actual selling price received)
Loan: short-term investment (book balance)
Dividend receivable/interest receivable (cash dividend or bond interest not yet received)
Investment income (difference, or debit)
Entry 5 Accounting Treatment of Notes Receivable
Collection time
Obtained by selling goods and providing services:
Debit: notes receivable
Loan: income from main business, etc.
Taxes payable-VAT payable (output tax)
Obtained by offsetting the previous accounts receivable:
Debit: notes receivable
Credit: accounts receivable
expiration
Recoverable funds due:
Debit: bank deposit
Credit: notes receivable
Unable to recover the due amount: (commercial acceptance bill)
Debit: accounts receivable
Credit: notes receivable
Discount time
Debit: bank deposit
Financial expenses (discounted interest, or in the credit) (B → bank)
Credit: notes receivable
Endorsement transfer
Borrowing: materials in transit, materials procurement, raw materials, inventory goods, etc. (B → C)
Taxes payable-VAT payable (input tax)
Credit: Bank deposit (difference or debit) of bills receivable.
Entry 6 Accounting Treatment of Accounts Receivable
Confirm accounts receivable such as selling goods and providing services.
Debit: accounts receivable
Loan: income from main business, etc. (After deducting the commercial discount)
Taxes payable-VAT payable (output tax)
Borrow: main business cost, etc.
Loans: Goods in stock
Recover accounts receivable
Debit: bank deposit
Credit: accounts receivable
Prepaid packing, freight and miscellaneous expenses
Debit: accounts receivable
Loans: bank deposits
Switch to bills receivable settlement
Debit: notes receivable
Credit: accounts receivable
Entry 7 Accounting treatment of accounts received in advance
When making an advance payment to the supplier.
Debit: advance payment
Loans: bank deposits
When you receive the payment,
Borrowing: material procurement, raw materials, inventory goods, etc.
Taxes payable-VAT payable (input tax)
Credit: advance payment
When there is a difference between the advance payment and the required payment
When the funds paid are insufficient:
Debit: advance payment
Loans: bank deposits, etc.
When recovering excess funds:
Borrow: bank deposits, etc.
Credit: advance payment
Entry 8 Accounting Treatment of Dividends Receivable (Taking Trading Financial Assets as an Example)
During the holding period, when the investee announces the payment of cash dividend,
Debit: Dividends receivable
Loan: investment income
When actually received
listed company
Borrow: other monetary funds-deposit investment funds.
Credit: Dividends receivable
Other companies
Debit: bank deposit
Credit: Dividends receivable
Entry 9 Accounting Treatment of Other Receivables
(1) All kinds of claims and fines receivable, such as claims that should be collected from relevant insurance companies due to unexpected losses of enterprise property.
Debit: Other receivables.
Loan: loss and surplus of non-operating income/property to be disposed of/fines for clearing fixed assets/cash loss caused by compensation.
(2) Rent receivable of the lease package
Debit: Other receivables.
Loans: other business income, etc.
(3) Various prepayments that should be collected from employees, such as utilities paid for employees, medical expenses that should be borne by employees, rent, etc.
(1) When an enterprise advances money for its employees:
Debit: Other receivables.
Loans: cash on hand, bank deposits.
(2) When deducted from salary:
Debit: payable to employees.
Credit: other receivables
(4) deposit, such as the deposit paid by renting a package.
Debit: Other receivables.
Loans: bank deposits, etc.
(5) Other receivables and temporary payments, such as prepaid employee travel expenses.
Debit: Other receivables.
Credit: cash on hand, etc.
Accounting treatment of account receivable impairment in entry 10
reserve for bad debts
Debit: Credit impairment loss
Loan: bad debt reserve
Write off bad debt reserve
Debit: bad debt reserve
Credit: Credit impairment loss
Have bad debt losses
Debit: bad debt reserve
Credit: accounts receivable
Recover bad debt losses
Debit: accounts receivable
Loan: bad debt reserve
Debit: bank deposit
Credit: accounts receivable
Entry 1 1 accounting treatment of inventory
(1) Accounting treatment of business situation under actual cost method
Single goods arrive at the same time
Borrow: Taxes payable on raw materials-VAT payable (input tax)
Loans: bank deposits (or other monetary funds, notes payable, accounts payable, etc. )
The order has not arrived yet.
(1) Single toilet:
Borrow: Taxes payable on goods in transit-VAT payable (input tax).
Loans: bank deposits (or other monetary funds, notes payable, accounts payable, etc. )
(2) Material acceptance and warehousing:
Borrow: raw materials
Lending: materials in transit
The arrival list hasn't arrived yet.
(1) If the invoice bill is not received at the end of the month, it shall be recorded according to the provisional estimated value:
Borrow: raw materials
Credit: accounts payable-estimated accounts payable
(2) At the beginning of next month, the original estimated amount shall be written off in red letters. After receiving the invoice bill, the accounting treatment shall be carried out according to "single goods arrive together"
Purchase materials through advance payment.
(1) When paying in advance:
Debit: advance payment
Loan: bank deposit (returned as opposite entry)
(2) When materials are received and accepted for storage:
Borrow: raw materials should be
Pay taxes-VAT payable (input tax)
Credit: advance payment
Issue inventory
Borrow: production costs, etc.
Loan: raw materials
(2) under the planned cost method
Single goods arrive at the same time
Borrow: material procurement (actual cost)
Taxes payable-VAT payable (input tax)
Loans: bank deposits (or other monetary funds, notes payable, accounts payable, etc. )
Meanwhile:
Borrow: raw materials (planned cost)
Material Cost Variance (Overexpenditure Variance)
Loan: Material procurement (actual cost)
Material cost variance (saving variance)
The order has not arrived yet.
(1) Single toilet:
Borrow: material procurement (actual cost)
Taxes payable-VAT payable (input tax)
Loans: bank deposits (or other monetary funds, notes payable, accounts payable, etc. )
(2) Material acceptance and warehousing:
Borrow: raw materials (planned cost)
Material Cost Variance (Overexpenditure Variance)
Loan: Material procurement (actual cost)
Material cost variance (saving variance)
The arrival list hasn't arrived yet.
Borrow: raw materials (planned cost)
Credit: accounts payable-estimated accounts payable
At the end of the month, it will be recorded according to the estimated planned cost, and it will come back at the beginning of next month. When the order arrives, it will be regarded as "single goods arrive at the same time"
When sending materials
Usually, the planned cost will be used when issuing materials.
Borrow: production cost/manufacturing cost/sales cost, etc. (Materials for production, operation and management)
Other operating costs (sales materials)
Entrusted processing materials (materials entrusted to other units for processing)
Loan: raw materials
At the end of the month, calculate and allocate the cost difference of the materials issued this month, and adjust the planned cost of the materials issued to the actual cost.
Borrow: production costs, etc.
Credit: Material Cost Variance (Carry-over Cost Variance)
Or:
Borrow: material cost variance (carry-forward saving variance)
Loans: production costs, etc.
Accounting treatment of entry 12 package
Lease packaging (short-term lease and low-value lease business)
When it was released,
Borrow: Reusable Materials-Packaging Materials-Leased Packaging Materials
Loan: reusable materials-packaging-inventory packaging.
When collecting rent and amortization costs
(1) When collecting rent:
Debit: cash on hand, bank deposits, other receivables, etc.
Loans: other business income
Taxes payable-VAT payable (output tax)
(2) When amortizing costs:
Debit: other business costs
Loan: amortization of turnover materials-packaging-packaging.
When expenses such as repair costs occur.
Debit: other business costs
Loans: cash on hand, bank deposits, raw materials, etc.
credit package
When it was released,
Borrowing: reusable materials-packaging-lending packaging
Loan: reusable materials-packaging-inventory packaging.
When collecting the deposit
Borrow: cash on hand, bank deposits, etc.
Loans: other payables-deposits received
When amortizing,
Debit: sales expenses
Loan: amortization of turnover materials-packaging-packaging.
When expenses such as repair costs occur.
Debit: sales expenses
Loans: cash on hand, bank deposits, raw materials, etc.
Entry 13 accounting treatment of low-value consumables
One-time amortization method for low-value consumables
(1) At the time of purchase:
Debit: material cost variance (or credit) of revolving materials and low-value consumables.
Loans: bank deposits, etc.
(2) At the time of collection:
Borrow: manufacturing costs, etc. (Actual cost)
Loan: revolving materials-low-value consumables (planned cost)
Material Cost Variance (or Debit)
Amortization by installment
(1) At the time of purchase:
Borrow: Reusable materials in the warehouse-low-value consumables
Loans: bank deposits, etc.
Taxes payable-VAT payable (output tax)
(2) At the time of collection:
Borrow: reusable materials-low-value consumables-in use.
Loan: revolving materials-low-value consumables-inventory.
(3) When amortizing
Borrow: manufacturing costs, etc.
Loan: revolving materials-low-value consumables-amortization
At the last amortization, at the same time:
Borrow: revolving materials-low-value consumables-amortization
Loan: revolving materials-low-value consumables-in use.
Entry 14 accounting treatment of entrusted processing materials
Materials sent to other units for processing.
Borrow: entrust processing materials.
Loan: raw materials, etc.
Material Cost Variance (or Debit)
Pay processing fees, transportation fees, etc.
Borrow: entrust processing materials.
Taxes payable-VAT payable (input tax)
Loans: bank deposits, etc.
The entrusted processing materials shall be collected and remitted by the entrusted party.
Take it back for direct sales.
① Consumption tax collected and remitted by the Trustee:
Borrow: entrust processing materials.
Loans: bank deposits, etc.
(2) When the entrusted processing materials are recycled after completion:
Borrow: inventory goods
Loan: entrusted processing materials.
(3) When selling products:
Borrow: bank deposits, etc.
Loan: income from main business
Taxes payable-VAT payable (output tax)
Parallel carry-over cost:
Debit: main business cost
Loans: Goods in stock
Recover taxable consumer goods for reprocessing.
① Consumption tax collected and remitted by the Trustee:
Borrow: taxes payable-consumption tax payable
Loans: bank deposits, etc.
(2) When the entrusted processing materials are recycled after completion:
Borrow: raw materials, etc
Loan: entrusted processing materials.
③ When the final product is sold, the subject of "Taxes payable-consumption tax payable" shall be credited according to the total amount of consumption tax payable:
Borrow: taxes and surcharges
Loan: taxes payable-consumption tax payable
Finally, make up the loan balance of "tax payable-consumption tax payable":
Borrow: taxes payable-consumption tax payable
Loans: bank deposits
Entry 15 accounting treatment of inventory goods
Finished goods warehousing of industrial enterprises.
When receiving the goods in the warehouse
Borrow: inventory goods
Loan: production cost-basic production cost
When goods (sales) are issued, revenue is confirmed and cost is carried forward.
Borrow: bank deposits, etc.
Loan: income from main business
Taxes payable-VAT payable (output tax)
Debit: main business cost
Loans: Goods in stock
Commodity circulation enterprises (selling price method) purchase commodities.
Acceptance warehousing
Borrow: Inventory goods (external selling price)
Taxes payable-VAT payable (input tax)
Loan: the difference (difference) between the purchase and sale of goods such as bank deposits/entrusted processing materials.
When selling goods to the outside world
Debit: main business cost
Loans: Goods in stock
At the end of the term (month)
Borrow: the difference between the sale of goods
Loan: main business cost
Entry 16 Accounting Treatment of Consumable Biological Assets
Consumable biological assets purchased; Agriculture; Necessary expenses incurred before harvest; Necessary expenses incurred before checkout; Animal husbandry and fishery: necessary expenses incurred before sale; Follow-up expenses incurred by replanting forest consumable biological assets due to selective logging, thinning or tending and regeneration.
Borrow: Consumable biological assets
Loans: bank deposits, etc.
Follow-up expenses such as management and protection expenses incurred after the consumable forest biological assets reach the closed state.
Borrow: management fee
Loans: bank deposits, etc.
Expenses attributable to consumable biological assets in the process of agricultural production shall be allocated according to the amount:
Borrow: Consumable biological assets
Credit: production cost
According to the book balance when harvesting agricultural products:
Borrow: agricultural products
Loans: Consumable biological assets
Selling consumable biological assets or agricultural products
Borrow: bank deposits, etc.
Loan: income from main business, etc.
Meanwhile:
Debit: main business cost
Credit: Consumable biological assets/agricultural products
Accounting treatment of entry 17 inventory inspection
Before the inventory surplus is approved
Borrow: raw materials, inventory goods, etc.
Loan: loss and surplus of pending property.
Loss and damage of inventory before approval
Borrow: Loss and overflow of pending property.
Loans: raw materials, goods in stock, etc.
Taxes payable-VAT payable (transfer-out input tax)
After approval
Borrow: Loss and overflow of pending property.
Loan: management fee
Borrowing: raw materials and other receivables (negligence or insurance company compensation), management expenses (general operating losses), non-operating expenses (abnormal losses), etc.
Loan: loss and surplus of pending property.
Entry 18 accounting treatment of inventory depreciation reserve
In the case of inventory loss and damage, if the inventory depreciation reserve is greater than zero, it means that the inventory depreciation reserve should be supplemented in the current period:
Debit: Asset impairment loss
Loan: provision for inventory depreciation
If the result of reversing the inventory depreciation reserve is less than zero, it means that the impairment amount should be recovered, and it should be reversed within the range where the inventory depreciation reserve has been withdrawn, and the reversed amount is included in the current profit and loss:
Debit: Inventory depreciation reserve
Loans: Asset impairment losses
Carry-forward inventory sales cost
Debit: main business costs and other business costs.
Loans: goods in stock, raw materials, etc.
Debit: Inventory depreciation reserve
Loans: main business costs and other business costs.
Related questions and answers: How to write accounting entries for borrowing from banks When an enterprise borrows short-term loans from banks, the accounting entries are: borrowing: bank deposits; Loan: when a short-term borrowing enterprise borrows a long-term loan from a bank, the accounting entries are: debit: bank deposit; Long-term loan-interest adjustment; Loans: Long-term loans-principal enterprises borrow money from banks. Enterprises borrowing short-term loans should be accounted for through the "short-term loans" account. Enterprises borrowing long-term loans should be accounted for by the subject of "long-term loans-principal". If there is any difference, the account of "long-term loan-interest adjustment" should also be debited. In the case of liquidity shortage, enterprises will borrow money from banks to obtain funds for project investment. Some enterprises that have just started a business or need capital turnover will choose to borrow from banks to ensure the normal operation of enterprises, and the interest rate of bank loans is relatively low. Specific examples are as follows. The details of the entries for borrowing from the bank are as follows: borrowing: bank deposit 100000 loan: short-term loan 100000 (the loan term does not exceed one year, and the entry for paying loan interest for more than one year is "long-term loan") borrowing: financial expenses1800; Loan: bank deposit or cash on hand1800; Loan: short-term loan 100000 (if the loan term is less than one year, it should be "long-term loan"); Loan: bank deposit or cash on hand. Short for "entrance". According to the requirements of the double-entry bookkeeping principle, it lists the records of the corresponding accounts and amounts of each economic transaction. Bank deposit accounting enterprises generally set up the subject of "bank deposit" to account for and reflect all kinds of deposits deposited by enterprises in banks or other financial institutions. The debtor reflects the increase of the enterprise's deposits in the bank, and the lender reflects the decrease of the enterprise's deposits. General debit at the end of the period reflects the balance of corporate bank deposits. Enterprises in the withdrawal of reserve funds, the general debit "bank deposits" subjects, credited "cash" subjects; When withdrawing and spending deposits, debit "cash", "accounts payable", "prepayments" and other related subjects and credit "bank deposits" subjects. Cashiers need to register a "deposit journal" every day, which should be set according to the opening bank and other financial institutions, deposit types, etc. , and register one by one according to the order of business development and income and expenditure, and the balance after income and expenditure on that day needs to be settled every day. Check the Deposit Journal and Bank Statement at least once a month, that is to say, the book balance at the end of the month of a general enterprise should be equal to the balance of the bank statement, but if there is any difference between them, the financial personnel must find out the reasons one by one and deal with them, and make a "bank balance reconciliation table" every month, and finally adjust it to the balance of both.