Very simple accounting entries, how to do simple accounting entries?

When you take out a loan on January 1, 1 of the year:

Borrow: Loan - principal amount 1 000 000

Credit: Absorb deposits 1000 000

When the fourth quarter interest is recognized at the end of the year:

Debit: Interest receivable 12500

Credit: Interest income 12,500

Impairment loss recognized on December 31, 2019:

Debit: Asset impairment loss 50 000

Credit: Loan loss provision 50 000

Borrow: Loans - impaired 1 000 000

Credit: Loan - principal 1 000 000

Amortized cost of the loan as at 31 December = 1 000 000 - 50 000 = 950 000

Borrow: Loan - principal amount 1 000 000

Credit: **Bank deposit 1,000,000

In 2010, interest was calculated at the end of each quarter.

Debit: Interest receivable 12500

Credit: Interest income 12,500

Debit: **Bank deposit 12500

Credit: Interest receivable 12500

Impairment losses were recognized at the end of 2010.

Debit: Asset impairment loss 50 000

Credit: Loan impairment provision 50,000

Borrow: Loans - impaired 1 000 000

Credit: Loan - principal 1 000 000

Amortized costs at the end of 2010.

The entries and calculations are not as complicated as LZ thinks, and the answers are basically the same, no copying or pasting, typing them out and matching them with others, they are all about the same, this question is not difficult, LZ does not need to be entangled for so long......And this question looks very familiar, LZ has an accounting textbook for CPA? The MS is the same as the loan section in Chapter 2.

When you take out a loan on January 1, 1 of the year:

Borrow: Loan - principal amount 1 000 000

Credit: **Bank deposit 1,000,000

Interest accrues at the end of each quarter of the year.

Debit: Interest receivable 12500

Credit: Interest income 12,500

Impairment loss recognized on December 31, 2019:

Debit: Asset impairment loss 50 000

Credit: Loan loss provision 50 000

Borrow: Loans - impaired 1 000 000

Credit: Loan - principal 1 000 000

Amortized cost of the loan as at 31 December = 1 000 000 - 50 000 = 950 000

Borrow: Loan - principal amount 1 000 000

Credit: **Bank deposit 1,000,000

Debit: Interest receivable 12500

Credit: Interest income 12,500

Debit: Asset impairment loss 50 000

Credit: Loan loss provision 50 000

Borrow: Loans - impaired 1 000 000

Credit: Loan - principal 1 000 000

Amortized cost of the loan = 1,000,000-50,000 = 950,000

First of all, it is necessary to understand the definition and content of each subject. In this way, as soon as you see the question, you will understand which economic business belongs to which subject.

Secondly, there must be a loan, and the loan must be equal, and the asset is equal to equity plus liability. Then, what can be credited according to the debit and what can be debited according to the credit. It is also necessary to distinguish which account is the increase in debits and the decrease in credits. Which is the decrease in debits and the increase in credits.

Divide all ledger accounts into assets and liabilities. Any increase in the asset class is counted on the debit side, and any decrease in the asset class is counted on the credit side; Any increase in the liability category is credited, and any decrease in the liability category is debited.

Divide all accounting accounts into "fund occupation and expenditure" and "funds** and income", with the former increasing the debit side and decreasing the credit side; The latter decreases the debit side and increases the credit side.

The principle to be followed when making accounting entries is "there must be a loan, and the loan must be equal".

Accounting entries refer to the records of an economic business that indicate the accounts and amounts that should be borrowed and credited, referred to as entries. Simple accounting entries refer to accounting entries that only involve the debit side of one account and the credit side of another account, i.e., the accounting entries of one debit and one credit; Compound accounting entries refer to accounting entries composed of two or more corresponding accounts (excluding two), i.e., accounting entries for one loan for multiple loans, one loan for multiple loans, or multiple loans for multiple loans.

The accounting entries are as follows:

Borrow: Production Costs A Products Direct Materials Manufacturing Expenses Material Consumption.

Credit: Raw material A material Raw material C material.

Accounting entries are also known as "bookkeeping formulas". Abbreviated as "entries". According to the requirements of the double-entry bookkeeping principle, it lists the corresponding accounts of both parties and their amounts for each economic transaction.

Before registering accounts, the preparation of accounting entries through accounting vouchers can clearly reflect the classification of economic operations, which is conducive to ensuring the correctness of account records and facilitating post-event inspection. Each accounting entry mainly consists of the accounting symbol, the relevant account name, summary and amount. There are two types of accounting entries: simple entries and compound entries.

Simple entries are also called "single entries". Refers to an accounting entry that corresponds to the debit of one account and the credit of another. Compound entries are also known as "multiple entries".

It refers to an accounting entry that corresponds to the debit of one account and the credit of several accounts, or the credit of one account to the debit of several accounts.

Extended Information:1Three elements 1. Accounting direction (debit or credit) 2. Account name (ledger account) 3. Amount.

2.Types According to the number of accounts involved in accounting entries, they can be divided into simple entries and compound entries. Simple entries refer to accounting entries that involve only two accounts, i.e., accounting entries that borrow one and one loan; A compound entry is an accounting entry that involves two or more accounts, not including two.

3.Methods Tomography Chromatography refers to a method of solving problems that divides the development process of things into several stages and levels, and analyzes them layer by layer, so as to finally obtain results. The use of tomography to compile accounting entries is intuitive and clear, and the ideal teaching effect can be obtained, and the steps are as follows:

1) Analyze and list the accounting accounts involved in economic transactions.

2) Analyze the nature of accounting accounts, such as asset accounts, liability accounts and other accounting entries.

3) Analyze the increase or decrease of the amount of each account.

4) Determine the direction of the account according to the steps and the economic content (increase or decrease) reflected by the borrower and debit of each type of account.

5) Prepare accounting entries according to the bookkeeping rules that there must be loans and loans must be equal. This method is very effective for students to know exactly the accounting subjects involved in the accounting business, and is more suitable for the preparation of individual accounting entries.

September 1, 1:

Borrow: fixed assets 50,000

Credit: Bank deposit 50000

Depreciation accrued from September 1, 2021 to September 1, 2021:

Credit: Accumulated depreciation of 10,000

On the 1st of the month, Company A transferred it:

Borrow: 40,000 fixed assets disposal

Borrow: Accumulated depreciation of 10,000

Credit: fixed assets 50,000

4. Obtain transfer income

Debit: Bank deposit 70000

Credit: 70,000 fixed assets disposal

5. Generate various taxes and fees:

Borrow: fixed assets disposal 3500

Credit: Taxes payable.

Credit: Bank deposits.

6. Profit or loss on asset disposal should be included

Borrow: 26,500 for disposal of fixed assets

Credit: Non-operating income - net income from disposal of fixed assets 26,500

What are accounting entries? How to do accounting entries?

Accounting entries refer to the records of the accounts and the amounts that should be debited and credited to an economic business, referred to as entries Simple accounting entries refer to accounting entries that only involve the debit side of one account and the credit side of another account, that is, the accounting entries of one loan and one loan; Compound accounting entries refer to accounting entries composed of two or more corresponding accounts (excluding two), i.e., accounting entries for one loan for multiple loans, one loan for multiple loans, or multiple loans for multiple loans.

In fact, the front of this question is very simple, you have studied accounting should be done, I think you see that this big question is too long, you are scared of yourself, when you take the exam, you can do a few small questions, will give the corresponding score, and now the big questions have all changed to indefinite multiple-choice questions, it is not difficult to choose, if you are not sure, you can really screen, the wrong promise to get rid of first, do the big question remember to rather choose less, not more, because if the less choice is right, there is a score, and more choice is no points.

Taking this question as an example, the question types are as follows:

Question 1-3 of the fixed assets inventory loss, found with the property profit and loss account to be disposed of, when the reason is clarified, respectively, with the corresponding account offset, in the fixed assets chapter learned, 4-6 test of the allocation of materials, carry-forward costs, question 8 test of material sales.

The 9th-10th exam pays various taxes, and the latter test is to calculate the income tax, carry forward the income and expenditure, and the profit of the factory to cut off the coupons and distribute the money, according to the exam questions, you belong to the primary title of the topic, there are such questions in the primary accounting practice textbook, you can go and see.

1. Monthly amortization entries.

Debit: Administrative expenses - amortization of intangible assets.

Credit: Accumulated amortization.

2. ** has been amortized for 3 years, with a cumulative amortization of 60,000 yuan. The entries are as follows: Bank Deposits.

Accumulated amortization. Non-operating expenses - loss on disposal of non-current assets.

Credit: Intangible Assets - Design Patents.

Tax Payable - Sales tax payable.

I am an accountant by profession. The question is too simple. The entries on the first floor are completely wrong, and the amount on the second floor is a little wrong, and the financial accuracy is to two decimal places. The third floor is miscalculated, and the intangible assets are not counted for residual value, subtracting 50,000 each.

When allocating wages:

Borrow: production cost - product A.

Product B. Manufacturing costs.

Management fees. Credit: Employee Compensation Payable.

When wages are paid: the remuneration of employees is borrowed.

Credit: Bank deposits.