2. Pawnshop appraisers will appraise the pawned goods, determine the pawned amount, issue pawned tickets and pay the pawned money, which is generally 50% to 80% of the secondary circulation price of the goods.
3. Pledged pawns shall be counted in person by both parties, and kept by the pawnshop after being sealed. If the pledged pawn is damaged or lost during the pawn period or during the extension period, the pawnshop shall compensate according to the estimated amount. In case of force majeure, the pawnshop will not be liable for compensation.
4. The pawn period is agreed by both parties, mostly in months, divided into 1 month and 2 months. The shortest is 5 days and the longest is 6 months; During the pawn period and within 5 days after its expiration, it can be renewed with the consent of both parties, and the longest period of renewal shall not exceed 50% of the original current period, and the interest and expenses of the previous period and the current period shall be settled.
5. It is absolutely necessary if the property is not redeemed or renewed within 5 days after the expiration of the current period or renewal period. According to the provisions of the "Pawn Management Measures", if the pawn value is more than 30,000 yuan, it can be handled in accordance with the relevant provisions of the "Guarantee Law", or both parties can agree that the pawnshop will entrust the auction house to conduct a public auction. If the absolute value of the goods is less than 30 thousand yuan, the pawnshop has the right to sell it or discount it. Loss and conceit.
6. Pawn fees include comprehensive fees and loan interest. The comprehensive expenses include all kinds of service and management expenses, and the monthly charging standards are: no more than 4.2% for chattel mortgage pawn, no more than 2.7% for real estate mortgage pawn and no more than 2.4% for real right mortgage pawn, and the comprehensive expenses are deducted from the pawn money. The interest rate shall be implemented when it is converted according to the 6-month statutory loan interest rate of banking institutions and the pawn period announced by the People's Bank of China. Individual pawn shops in Beijing charge a 3.9% handling fee, and the interest fee is temporarily waived. If the pawned pawned property has not been disposed of, and the pawnbroker applies for redemption or renewal of insurance, in addition to charging according to the corresponding current charging standard, a late fee of 3‰ of the number of pawned days and the amount of pawned property will also be charged.
Main accounting subjects
1. "mortgage loan". Asset accounts are mainly real estate pawn accounts. When the real estate pawn increases, the account shall be debited; when it decreases, the account shall be credited, and the balance shall be debited.
2. "Pledged loan". Asset subjects, mainly accounting for the pawning of movable property and other property rights. Accounting method is the same as mortgage loan.
3. "Loan loss provision". For asset impairment subjects, the pawnshop should estimate the loan recovery at the end of the period, make provision for loan losses, and credit the estimated amount of loss reserves at the end of the period; When the loan is actually recovered, the accrued loan loss reserve shall be written off according to the recovered amount and credited to this account. If the mortgage loan loss is confirmed as irrecoverable, it will be confirmed as impairment loss after approval, and the accrued loan loss reserve will be written off. If it is recovered later, the mortgage loan shall be debited according to the recovered amount, and the loan loss reserve shall be credited. The balance is in the lender, indicating that the mortgage or pledge loan is estimated to lose money.
4. "Asset impairment loss". Debit the expense account when losses occur, and credit the expense account when losses are reduced. The ending balance is transferred to profit and loss, and there is no balance after the transfer.
5. "absolutely" When an item is added, the asset account must never be debited to the account; The reduced amount is credited to the account. Debit balance indicates the quantity of inventory items.
Examples of accounting treatment
Mr. Wang, the manager of a software development company, went abroad to purchase a batch of goods and was in urgent need of cash. 165438+1On October 30th, he pawned his car in Minde Pawnshop, which was appraised as 654.38+ten thousand yuan by appraisers. The demand period is 3 months, and the monthly comprehensive expense rate is 4.2% of the pawn money, and the monthly interest rate of the pawn money is 5‰. Pay the pawn money to Mr. Wang immediately after verifying that the relevant documents meet the requirements. Accounting treatment is as follows:
1. When repaying Manager Wang's loan,
Debit: Pledged loan 100000
Loan: comprehensive fee received in advance12600 (100000× 4.2 %× 3).
Cash 87400
2. When the interest is calculated on a monthly basis,
Debit: interest receivable 500
Loan: interest income 500
At the end of the year, it is estimated that the car mortgage loan will lose 4000 yuan because of the car price reduction.
Debit: Asset impairment loss of 4000.
Loan: loan loss reserve of 4000 yuan.
4. If Manager Wang repays the loan and redeems the pawn at the end of February 2006, the accounting treatment is as follows:
Debit: cash 10 1500.
Comprehensive fee received in advance 12600
Loan: pledge loan 100000.
Comprehensive expense income 12600
Interest receivable: 1000 (interest of the previous two months)
Interest income 500 (interest of recent 1 month)
Since there is no loss, the accrued loss reserve should be reversed.
Borrow: loan loss reserve of 4000.
Loan: asset impairment loss of 4000.
If manager Wang can't redeem the pawn after 3 months, the car is a must. Accounting treatment is as follows:
Borrow: absolute goods 100000
Operating expenses 1500
Loan: pledge loan 100000.
Interest receivable 1500
6. If the pawned car is auctioned by both parties through negotiation, the auction price is160,000 yuan. If the dead goods are sold by auction, the tax law stipulates that the value-added tax is levied at the rate of 4%, and the auction fee is 1600 yuan. If other taxes and fees are not considered, after deducting loan interest, value-added tax and auction fees, the absolute premium to be returned to Mr. Wang is 50746 yuan (160000-100000-1500-6154-16000). Accounting treatment is as follows:
Debit: cash 158400
Loan: absolute merchandise sales revenue 10 1500.
Absolute premium payable 50746
Taxes payable-VAT payable 6154 (160000 ÷1.04) × 4%
At the same time, carry forward the sales cost of absolute goods.
Debit: absolute cost of goods sold 100000.
Loan: Absolute Commodity 100000
7. Due to the change of the market, if the final auction price of the car is 80,000 yuan, other conditions being unchanged, it should be 26 177 yuan (100000+1500+800001.04× 4%+60. Accounting treatment is as follows:
Debit: cash 78400 (80000- 1600)
Other receivables 26 177
Loan: absolute merchandise sales revenue 10 1500.
Taxes payable-VAT payable 3077
8. Pawn goods are sold by pawn shops themselves. If the car price is 1 10000 yuan, the accounting treatment is as follows:
Debit: cash 1 10000
Loan: absolute merchandise sales revenue 105769.
Taxes payable-VAT payable 423 1
At the same time, carry forward the sales cost of absolute goods,
Debit: absolute cost of goods sold 100000.
Loan: Absolute Commodity 100000