Accounting practice questions, financial accounting practice questions

1. Profit of fixed assets.

Originally, it was used as a profit or loss for the current period, but now according to the relevant provisions of the Accounting Standards for Business Enterprises No. 4 - Fixed Assets and its application guide, the inventory profit of fixed assets should be recorded as an error in the previous period in the "profit and loss adjustment of previous years", because the possibility of fixed assets due to factors beyond the control of the enterprise is extremely small or even impossible, and the inventory profit of fixed assets of the enterprise must be undercounted or omitted from the previous accounting period of the enterprise, and should be corrected as an accounting error. This can also control the possibility of artificial mediation profits to a certain extent.

The accounting treatment shall:

First of all, the original value, accumulated depreciation and net fixed asset value of the fixed assets should be determined.

Borrow: Fixed assets.

Credit: Accumulated depreciation.

Prior Year Profit and Loss Adjustments.

Or you can transfer it through the profit and loss of the pending property.

2. Raw materials are profitable.

The inventory of the surplus is usually caused by the error in the measurement or calculation of the daily receipt and dispatch of the enterprise, and the inventory of the surplus can be offset against the management expenses, and the accounting entries are as follows:

Borrow: raw materials.

Packaging. Low-value consumables.

Inventory items, etc.

Credit: Excess of Property to be Processed - Excess of current assets to be disposed of.

After approval. Borrow: Excess of property to be disposed of - Excess of current assets to be disposed of.

Credit: Administrative expenses.

3. Cash profit.

Accounting treatment. Borrow: Cash.

Credit: Pending Losses and Losses of Current Assets.

If it is someone else's money that should not be given, it is possible to credit other payables, or other receivables, accounts payable, accounts receivable, or other accounts, and it is really impossible to find the reason for the loan"Management fees".

Wrong. The fixed assets of the inventory are accounted for according to the accounting error.

Give a hint for the reference question, and you can figure it out for yourself.

Company A is a general VAT taxpayer and uses the planned cost for the accounting of raw materials. At the beginning of January 2008,"Raw materials"The opening balance of the account is 90,000 yuan"Material cost variances'The account starts with a credit balance of $1,300. The transactions that occurred during the month are as follows:

A batch of raw materials is purchased daily, and the VAT invoice obtained indicates the price of 100,000 yuan and the value-added tax amount of 17,000 yuan. At the same time, if the foreign freight is 10,000 yuan, in accordance with the relevant provisions of the tax law, the foreign freight shall be calculated as 7% of the VAT input tax. The above amount has been paid by bank deposit:

On the day, the above-mentioned materials arrived and inspected the warehouse, and the plan of the materials was 110,000 yuan.

A batch of materials purchased on a daily basis, the materials have been transported to and inspected in the warehouse, but the invoice and other settlement vouchers have not been received, the payment has not been paid, and the planned cost of the batch of materials is 35,000 yuan;

4.The planned cost of raw materials this month is 400,000 yuan, of which: 250,000 yuan for direct production, 40,000 yuan for workshop management department, 10,000 yuan for factory management department, and 100,000 yuan for projects under construction

Requirements:1Preparation of accounting entries for the above-mentioned transactions that occurred during the month:

2.Calculate the cost difference rate of raw materials this month, and the cost difference amount that should be borne by the materials issued this month and the materials held at the end of the period

3.Carry forward the difference in the cost of raw materials received for the current month. 1) Borrowing material procurement 100 000 + 10 000 * 93%.

Tax payable - VAT (input tax) 100 000 * 17% + 10 000 * 7%.

Credit bank deposit 127000

2) Borrow raw materials 110 000

Credit Material Purchases 109300

Material cost variance 700

3) borrow raw materials 35 000

Credit Accounts Payable – Provisional Accounts Payable 3500

4) Borrow production costs 250 000

Manufacturing cost 40 000

Administrative costs of 10 000

Construction in progress 100 000

Credit raw materials 400 000

Material cost variance rate (-1300-700) (90000+110000)=-1%.

The amount of materials issued this month should bear the cost of borrowing materials variance 4000

Credit Production cost 2500

Manufacturing cost 400

Management fee 100

Construction in progress 1000

1.Borrow: material procurement 40 200

Tax payable - VAT payable (input tax) 6 800

Credit: bank deposits 47 000

Borrow: raw materials 41 000

Credit: Material Procurement 40 200

Material cost variance 800

2.Borrow: material procurement 10 600

Tax Payable - VAT Payable (Input Tax) 1700

Credit: funds in other currencies 11,700

Cash on hand 600

Borrow: raw materials 10 000

Material cost variance 600

Credit: Material Purchases 10 600

3.Borrow: material procurement 39 800

Tax Payable - VAT Payable (Input Tax) 6 766

Credit: Funds in other currencies 46 566

Borrowed: raw materials 39 000

Material cost variance 800

Credit: Procurement of materials 39 800

4 borrowed: 40 000 raw materials

Credit: Accounts Payable - Provisional Accounts Payable 40 000

5 borrow: production cost 60 000

Manufacturing cost 30 000

Selling expenses 10 000

Credit: raw materials 100 000

2. Difference rate = (-2500-800 + 600 + 800) (100 000 + 41000 + 10 000 + 39 000) = -1900 190 000 = -1%.

The difference in material cost to be shared by the production department = -1% * 60 000 = -600 yuan.

The difference in material cost to be shared by the workshop management department = -1% * 30 000 = -300 yuan.

The difference in material cost to be shared by the sales department = -1% * 10 000 = -100 yuan.

In fact, this is an accounting certificate, a little forgotten, not necessarily all right 1The company issued a cash check, which is a bank deposit, and it is wrong to use a cash account. It is an incorrect use of the subject.

Borrow: Cash 2000

Credit: Bank Deposit 2000

2.It's the numbers that are written wrong.

Reverse debit first: 450,000 items in stock

Credit: Cost of operations 450,000

Post-correction borrowed: Operating costs 540,000

Credit: 540,000 goods in stock

3.As with 2, reverse first, then correct.

4.Using the cross-out correction method, 450000 is crossed out and changed to 4500005Manufacturing expenses should be included in the production cost account.

Reversal (in fact, it can be reversed in red here, but it is not good to express it and directly make the opposite entry) borrow: manufacturing cost 45000

Credit: Profit for the year 45,000

Borrow: production cost 54000

Credit: manufacturing expenses 54000

You have time to type, look at the book and it will be solved.

Typing is quite cumbersome. The first one should be to borrow cash first, to lend bank deposits, and then to borrow management fees, to lend cash. Read the rest for yourself, it's so troublesome, why don't you spend more time reading by yourself. Asking others is not as impressive as reading a book yourself.

Cheque to be borrowed: cash credit: bank deposit.

Can you explain why you use these split subjects? I didn't pay attention in class =-=1 Borrowing and borrowing: bank deposit 300,000 credit:

Short-term borrowing 300,000 per month.

6-30 Prepare for price decline.

Loan: asset impairment loss 700 (=32000-29300-2000) Credit: Inventory decline provision 700

12-31 rushed back.

Loan: Provision for decline in value of inventories 2700 (=2000+700) Credit: asset impairment loss 2700

1.When transferred to renovation and expansion.

Borrow: 50,000 for construction in progress

Accumulated depreciation 70,000

Credit: Fixed assets 120,000

2.Expansion expenditures.

Borrow: Construction in progress 16000

Credit: Bank deposit 16000

3.When it is completed and delivered.

Debit: Fixed assets 66000

Credit: Construction in progress 66000

1.When transferred to renovation and expansion.

Borrow: 50,000 for construction in progress

Accumulated depreciation 70,000

Credit: Fixed assets 120,000

Borrow: 30,000 + 11,700 + 4,300 for construction in progress Loan: 30,000 for bank deposits

Raw material 10000

Tax Payable - VAT Payable (Output Tax) 1700

Commissioning. Borrow: fixed assets 91700

Credit: 91700 for projects under construction

Hello! 1. Borrow: production cost - 30,000 for product A

Production cost - b product 20000

Manufacturing cost 15000

Management fee 15000

Credit: Raw materials 80000

2. Borrow: production cost - 5000 for product A

Production cost - 3000 for B products

Manufacturing cost 1000

Management fee 2000

Credit: 11,000 employee compensation payable

3. Withdrawal: borrow: cash in hand 12000 Loan: bank deposit 12000 Distribution: Borrow: 12000 employee compensation payable Credit: cash in hand 120004, borrow: production cost - a product 2000

Production cost - B product 1800

Manufacturing cost 500

Management fee 700

Credit: Bank deposit 5000

5. Borrow: 8000 manufacturing costs

Management fee 2000

Credit: Accumulated depreciation of 10,000

6. Borrow: 200 manufacturing costs

Management fee 300

Credit: cash on hand 500

A product yuan b = yuan.

Borrow: Production Costs - A Product.

Cost of production - B product.

Credit: Manufacturing expenses 24700

8. Borrow: finished products - A products.

Finished product-B product.

1.$56,000 of products sold, of which $36,000 had been received and deposited in the bank; A further $20,000 has not yet been received.

2.Received 560 yuan of labor income from the previous month, which has been deposited in the bank.

3.The bank deposit was used to pay the water and electricity bills of the management department for this month 680 yuan.

4.Bank deposits were used to prepay 1,800 yuan for the lease of office premises for the administrative department in the second half of the year.

5.The bank deposit was used to pay the interest on the bank loan in the previous quarter of 340 yuan.

6.The labor income receivable is 890 yuan.

7.The pre-purchase price of $24,000 has been deposited in the bank.

8.Bear the insurance premium of 210 yuan paid at the beginning of the year.

9.The payment received in advance last month for the products provided this month was 18 900 yuan 10Withhold $150 for the interest on the loan payable in the following month.

(1) Equipment recorded value = 30,000 + 500 + 400 = 30,900 (after the transformation of the new value-added tax, the value-added tax on production equipment can be deducted.) Therefore, the recorded value excludes VAT).

Depreciation in 2009 = (30900-900) (5*12)*10=5000

Borrow: Manufacturing Expenses - Depreciation 5000

Credit: Accumulated depreciation of 5000

2) Equipment depreciation = (30900-900) (5 * 12) * 24 months = 12000 yuan.

Equipment without depreciation = 30,900-12,000 = 18,900 yuan borrowed: fixed assets disposal 18,900

Accumulated depreciation of 12000

Credit: Fixed assets 30900

Debit: Bank deposit 20000

Non-operating expenses 2300

Credit: Fixed Assets Disposal 18900

Tax Payable - VAT Payable (Output Tax) 3400

1.Equipment recorded value = 30,000 + 500 + 900 = 30,900 residual value = 900,5 years, annual depreciation = 30,000 5 = 600009 annual depreciation = 6,000 12 * 10 = 5,000 loan: manufacturing expenses 5,000

Credit: Accumulated depreciation of 5000

Equipment residual value = 30900-6000 * 2 = 18900 borrow: fixed assets disposal 18900

Accumulated depreciation of 12000

Credit: Fixed assets 30900

Debit: Bank deposit 20000

Non-operating expenses 2300

Credit: Fixed Assets Disposal 18900

Tax Payable - VAT Payable (Output Tax) 3400

1.The original value of the equipment = 30000 + 500 + 400 = 30900 If the average life method is adopted: 2009 depreciation = (30900-900) 60 months x 10 months = 5000 yuan.

Borrow: Manufacturing cost 5000

Credit: Accumulated depreciation of 5000

2.** Depreciation = 5,000 + 6,000 + 500 * 2 = 12,000 debit: fixed assets disposal 18,900

Accumulated depreciation of 12000

Credit: Fixed assets 30900

Debit: Bank deposit 23400

Credit: Tax payable 3400

Fixed asset disposal 18900

Non-operating income 1100