Whether the advance receivables are debitted or credited, and what does the debit side of the advanc

Advance receivables are liabilities and the balance should be credited.

However, in practice, if there are many customers and accounts are frequent, the balance of some customers' accounts is accounts receivable (credit) in advance in the previous month, and accounts receivable (debit) in the next month.

On the balance sheet, the balance of the accounts receivable and accounts receivable accounts is classified on a monthly basis, with the debit side being the accounts receivable and the credit side being the accounts receivable.

Accounts receivable in advance. Debit credit indicates the amount of credit incurred (i.e., an increase in advance receivables). Advance payment received from customers, business payments received, and commercial bills received in advance.

Settle accounts receivable with inventory.

Accounts receivable account for equity settlement is transferred.

Enterprises with more pre-receivables, strong bargaining power, in a favorable position in the industry, moderate pre-receivables, is good for enterprises, long-term hanging of large amounts of pre-receivables, is negative for enterprises.

It is a tax risk, and the advance accounts receivable is a leading indicator of income, and the sales revenue is formed after receiving the money.

It is a high-probability event. In industries with obvious characteristics of pre-receivables, pre-receivables and main business income.

There was a strong positive correlation.

Direction of borrowing and lending of accounts receivable in advance.

Deposit received refers to the purchase deposit or part of the payment received by the enterprise from the purchaser in advance. The payment received in advance by the enterprise shall be deducted when the actual goods, products or services are provided. Advance receivables are a liability arising from the buyer's or seller's agreement or contract, which is incurred by the buyer in advance to pay part (or all) of the purchase price to the ** party, and this liability is to be repaid with future goods or services.

Generally, it includes the payment received in advance, the deposit for the pre-purchase of goods, etc. At the time the enterprise receives the money, the contract for the sale of goods or services has not yet been performed, so it cannot be recorded as income, but can only be recognized as a liability, i.e. credited to the "advance receivables" account. After the enterprise provides goods or services in accordance with the provisions of the contract, it will convert the unrealized income into realized income in accordance with the performance of the contract, that is, debit the "accounts receivable in advance" account and credit the relevant income account.

Advance receivables generally have a term of no more than 1 year and should normally be reflected on the balance sheet at the end of each period as a current liability, and if they exceed 1 year (the advance receipts are more than one year for the provision of goods or services), it is called "deferred credit", which is listed separately between the liabilities and owners' equity on the balance sheet.

According to the Application Guide of Accounting Standard for Business Enterprises No. 14 - Revenue, the "Advance Receipts" account and the "Deferred Income" account are not used when the advance receipts received by an enterprise due to the transfer of goods are subject to the new revenue standard for accounting treatment.

Advance receivables are liability accounts.

The debit side is a reflection of: the receivables and the return of the overcharged payments, that is, the decrease in the advance receipts.

The credit side is reflecting: the advance receipt of the payment and the back payment, that is, the increase in the advance receipt.

Payments receivable and refunds of overcharges. Accounts receivable in advance. The debit side represents the receivables and the return of the overcharged, i.e., the decrease in the advance receipts.

Advance receivables are liability accounts. The balance of advance receivables is on the debit side, which is the accounts receivable.

represents the amount of uncollected receivables.

Junior Accounting Title Examination.

The knowledge points of the chapter are summarized, and I wish you easy forensics.

Mobile question bank.

PC Question Bank.

Right. From the essence of the account balance, such as accounts receivable = debit receivable + debit receivable, the debit receivable is receivable, and the credit balance of the pre-receivable is a liability, but when the debit balance appears, the essence becomes receivable. Just imagine, the advance receipt of the customer 100 yuan, (credit), the actual settlement amount of 105 (debit) at this time the account balance is debit 5, is not receivable from the customer.

Relevance. In the advance receivables business is not much enterprises can directly credit the advance receivables to the "accounts receivable" credit, do not set up this account separately, in the use of this account, pay attention to the relationship with the "accounts receivable" account, the common point between the advance receivables and accounts receivable is:

Both are the money that enterprises should collect from shopping units or labor service units due to the sale of goods, products, and services, etc., the difference is that the advance accounts receivable is the first to receive the goods, and the goods or services are shipped or provided later, while the accounts receivable are the first to ship or provide services, and the accounts receivable are the nature of the creditor's rights.

Understand it in terms of the essence of the account balance. For example, accounts receivable = debit receivable + debit receivable debit receivable is receivable, and the credit balance of advance receivable is a liability, but when there is a debit balance, the essence becomes receivable.

Imagine that you receive 100 yuan from the customer in advance, (credit), and the actual settlement amount is 105 (debit), and the account balance is debit 5, which is not receivable from the customer.

The same goes for others.

The debit side of the advance receivables is not equal to the debit side of the accounts receivable, the debit side of the accounts receivable reflects the business of receiving the payment first and then the shipment, while the debit side of the accounts receivable reflects the business of shipping first and then receiving the goods. The credit side of prepaid accounts reflects the business of paying first and harvesting later, and the debit side of accounts payable reflects the business of receiving and paying later. Although they are all independent first-level accounts, when filling out the balance sheet at the end of the month, the debit amount of the advance accounts receivable should be consolidated into the accounts receivable statement, and the credit amount of the prepaid accounts should be consolidated on the credit side of the accounts payable.

What you say is correct.

Accounts receivable are normal when the debit balance is correct.

If the balance of accounts receivable is credited, it means that it is the customer's money that was overcharged, and it is an advance receipt.

Similarly, the credit balance of accounts payable is correct.

If the balance of accounts payable is debited, it means that the customer overpaid and is an advance payment.

Advance receivables debit credit indicates the amount of credit incurred (i.e., increase in advance receivables). The prepayment received from the customer, the business payment received, the commercial draft received in advance, the accounts receivable to be paid off by inventory, and the accounts receivable to be settled by equity are transferred in.

Enterprises with more pre-receivables, strong bargaining power, in a favorable position in the industry, moderate pre-receivables, is good for enterprises, long-term large pre-receivables are negative for enterprises, is a tax risk, pre-receivables is a leading indicator of income, and the formation of sales revenue after collecting money is a high probability event. In industries with obvious characteristics of pre-receivables, there is a strong positive correlation between pre-receivables and main business income.

Advance receivables are liability accounts.

The debit side is a reflection of: the receivables and the return of the overcharged payments, that is, the decrease in the advance receipts.

The credit side is reflecting: the advance receipt of the payment and the back payment, that is, the increase in the advance receipt.

Advance receivables represent the receivables and the return of over-receivables on the debit side, i.e., a decrease in advance receipts.

The advance receivables debit indicates that the business has received the advance payments from the customer, which have been credited to the business balance. Advance receivables debit is a type of ledger account that represents the accounting records made by a business when it receives an advance payment from a customer. In the ledger account, the debit side represents an increase in assets, a decrease in bank liabilities, an increase in income, and a decrease in expenses.

Therefore, the debit side of advance receivables indicates an increase in the assets of the enterprise, and it also means that the enterprise has assumed a certain obligation to provide corresponding services or goods to customers. Advance receivables are liability accounts. The debit side is reflected:

Payments receivable and refunds of overcharged payments, i.e., advance receipts, decreased. The credit is Hu Yin's reflection: the advance payment and the supplementary payment, that is, the increase in the advance receipt.

The advance receivables debit refers to the advance payments that the business has received from customers, which have been recorded in the business balance. These advance payments are usually some or all of the amount paid by the customer prior to the purchase of goods or services. Advance receivables debit is a type of ledger account that is used to record the accounting records made by a business when it receives an advance payment from a customer.

In ledger accounts, the debit side represents an increase in assets, a decrease in liabilities, an increase in revenue, and a decrease in expenses. Therefore, the debit side of advance receivables indicates an increase in the assets of the enterprise, and it also means that the enterprise has assumed a certain obligation to provide corresponding services or goods to customers.

Basic meaning. Transactions are risky, especially when trading with unfamiliar customers for the first time or thinking that the customer's credit status is not good, and there is a risk of refusal to pay, enterprises often adopt the transaction method of payment before delivery, and there are usually several ways to pay for goods after payment: one is the full amount of money before delivery, that is, how much money is usually received and how much goods are sent.

The second is to collect a certain percentage of the payment in advance, deliver the goods after receiving the down payment, and then collect the balance payment or collect the payment in other agreed ways after the customer receives the goods. Whether to collect or ship first often depends on the trust of both parties to the transaction and the tightness of the subject matter, that is, whether the transaction is in a buyer's market or a seller's market.