1. Adjust the electricity fee due to the profit and loss of previous years.

Debit: adjustment of profit and loss in previous years

Credit: prepaid account-electricity fee

2. Adjust the income tax that should be paid less in the profit and loss of previous years.

Borrow: taxes payable-income tax payable

Credit: adjustment of profit and loss in previous years

Carry forward the previous year's profit and loss adjustment balance.

Debit: profit distribution-undistributed profit

Credit: adjustment of profit and loss in previous years

Adjust the year-beginning number of related items in accounting statements.

3. Personal social security is a wrong account.

Assuming that other receivables-social security still exist, it can be leveled.

Debit: other receivables-social security

Loan: prepayment-social security (individual)

4. If other receivables-social security no longer exist, they should be deducted from the wages actually paid by the original social security beneficiaries.

Debit: Payables-Wages

Loan: prepayment-social security (individual)

Credit: cash

2. Debit: prepayment-electricity fee, red amount.

Loan: management fee-electricity fee, blue amount.

Debit: prepayment-social security (individual), the amount is filled in red.

Debit: other payables-social security (individual), the amount is blue.

Third, in order to achieve the consistency of accounts, it is necessary to adjust the income tax involved and make entries. If it also involves shareholders' surplus reserve and profit distribution, it is necessary to adjust the surplus reserve and profit distribution; After adjustment, the opening balance of this year's balance sheet should be adjusted.

There is a balance in management expenses. At the beginning, there is a debit balance in the management expenses of the profit and loss account, otherwise the opening amount will be unbalanced. There is no balance in the profit and loss account at the end of the period. In fact, the balance at the beginning of this management expense account is merged into undistributed profit. In the balance sheet, there is no management expense item.

Extended data:

Enterprises should set up "prepaid accounts" accounting subjects, accounting enterprises in accordance with the provisions of the procurement contract in advance to the supplier.

(1) The amount paid in advance by the enterprise due to purchase shall be debited to the account of "advance receipt" and credited to the account of "bank deposit".

(2) When receiving the purchased materials, the amount that should be included in the cost of the purchased materials should be listed according to the invoice bill, and the subjects such as "material procurement" or "raw materials" and "inventory goods" should be debited according to the payable amount.

(3) The supplementary payment shall be debited to the account of "advance receipt" and credited to the account of "bank deposit";

(4) Return the overpaid amount, debit the account of "bank deposit" and credit the account of "advance payment".

Enterprises with less prepayments can also directly debit the prepayments to accounts payable accounts, without setting up prepayments accounts.

If there is conclusive evidence that the advance payment of the enterprise does not conform to the nature of the advance payment, or there is no hope of receiving the purchased goods due to the bankruptcy or cancellation of the supplier, the amount originally included in the advance payment should be transferred to other receivables. The enterprise shall debit the account of "other receivables-prepayment transfer" and credit the account of "prepayment" according to the book balance of the prepayments that cannot be received for the purchased goods.

Except for prepayments transferred to other receivables, other prepayments may be exempted from provision for bad debts.

"Prepaid accounts" should be set up according to the supplier's subsidiary ledger for detailed accounting.

The debit balance at the end of the "prepaid account" account reflects the actual prepaid amount of the enterprise; If it is the final credit balance, it reflects the unpaid amount of the enterprise.

Reference source: Baidu Encyclopedia-Prepaid Account