Debit: profit this year
Loan: main business cost
Other business costs
Business tax and additional
Management cost
Cost of sales
Financial expenses, etc.
What needs to be carried forward at the end of real estate:
(1) Main business income: including land transfer income, commodity sales income, sales income of supporting facilities, settlement income of agent construction projects and rental income of rented houses.
Because of the inconsistency between the realization of operating income and the settlement time of price, we should calculate it separately.
(1) When the operating income is realized and the price is received,
Debit: bank deposit
Loan: income from main business
(2) before the realization of operating income and after the collection of the price.
Debit: accounts receivable
Loan: income from main business
(3) when the price is received in advance, it will be handed over for use after the development is completed.
Debit: bank deposit
Credit: accounts received in advance
When handed over for use
Debit: accounts receivable
Loan: income from main business
Debit: accounts received in advance
bank deposit
Credit: accounts receivable
(4) When developing products are sold on credit or by installment, the amount received in the current period shall be recognized as income.
Debit: bank deposit
Loan: income from main business
(2) Other business income: mainly including after-sales service income, material transfer income, fixed assets rental income and development assets transfer income.
Debit: bank deposit
Or accounts receivable
Loan: other business income
(3) Main business cost: Generally, there is no balance at the end of this course.
Carry-over of the cost of transferring or selling development products.
Debit: main business cost
Loan: developing products
If the product is developed by stages, the carry-over cost should be matched with the income.
Debit: main business cost
Loan: installment payment to develop products
(4) Other business costs
(5) Main business taxes and surcharges
Withdraw the business tax, urban maintenance and construction tax, education surcharge and land value-added tax payable for the main business this month.
Debit: business tax and surcharges
Taxes payable-business tax payable
-urban maintenance and construction tax should be paid.
-land value-added tax payable
-Additional education fees payable, etc.
At the end of the month, the tax payable is calculated according to the realized other business income.