As you said, the inventory in the statement no longer exists, so we should find out the reason for the property loss. If it is a general taxpayer, the inventory should be tax-free, directly multiplied by the value-added tax rate (17%) for input transfer, and the transferred property losses should be treated together with the inventory. Entry: Debit: pending property loss160× (1+17%) Credit: tax payable-VAT payable-input and output 160× 17% inventory goods (raw materials, etc.). ) 160. After finding out the reason, it will be determined by. Debit: non-operating expenses of 65,438+060× (65,438+0+65,438+07%) loan: loss of property to be treated of 65,438+060× (65,438+0+65,438+07%) shall be calculated according to the Property Loss. Because the enterprise has not produced and operated for two years, if there is a value-added tax allowance, the balance of input and output MINUS the tax allowance is the value-added tax that should be paid back; If not, the input-output part is the value-added tax that should be repaid.