Demand accounts receivable accounting entries, accounts receivable accounting entries

Description: Receivables are divided into "accounts receivable" and "other accounts receivable" in accounting and finance. The accounts receivable account is a ledger account of the asset class.

1. Accounts receivable: The formation of accounts receivable is the formation of accounts receivable when the company sells the company's products without receiving cash or bank accounts.

Product Outbound Accounting Entries:

Borrow: Cost of main business.

Credit: Inventory of goods.

After the product is sold to the customer, no cash or bank payment is received to form accounts receivable, entries:

Debit: Accounts receivable.

Credit: main business income.

Received the customer's receivables entries from the company:

Borrow: Cash, bank deposit.

Credit: Accounts receivable.

2. Other receivables: Other accounts receivable are unrelated to the main business, such as the company's employee loans, other personnel loans, these arrears are not related to the company's business, but belong to the loan arrears, so they are called other accounts receivable. Then the formation of other accounts receivable is very simple, and the entries are as follows:

Debit: Other receivables.

Credit: Cash Bank Deposits.

Entries at the time of repayment:

Borrow: Cash, bank deposit.

Credit: Other receivables.

1 Borrowing Notes Receivable 23400 Crediting Main Business Income 20000 Crediting Taxes Payable VAT Payable Output 3400 Borrowing Raw Materials 2000 Borrowing Taxes Payable VAT Payable Input 3400 Crediting Notes Receivable 23400 2 Borrowing Other Receivables Xiao Wang 1200 Lending Bank Deposits 1200 Recovering Borrowing Cash 1200 Credit Other Receivables Xiao Wang 1200 3 Borrowing Other Receivables A Company 10000 Lending Cash 10000 Reimbursement Recovery Borrowing Administrative Expenses 800 Borrowing Cash 9200 Credit Other receivables A company 10000 4 Loan Other receivables Deposit 10000 Loan bank deposit 10000

Remember.

Accounts receivable recovered, accounting entries are:

Borrow: Bank deposit.

Credit: Accounts receivable.

This account accounts for the amount receivable by an enterprise for business activities such as the sale of goods and the provision of labor services. In order to reflect the increase and decrease of accounts receivable and its balance, enterprises should set up an account of "accounts receivable", and enterprises that do not set up a separate account of "accounts receivable" should also account for accounts receivable in advance.

Accounts receivable accounting entries, debit: accounts receivable, credit: main business income, other business income, credit: tax payable - VAT payable - output tax, debit: bank deposits, cash in hand, etc., credit: accounts receivable.

Accounts receivable refers to the amount that an enterprise should collect from the purchasing unit or the receiving unit for the sale of goods, the provision of labor services and other business activities, mainly including the price that the enterprise should collect from the relevant debtor for the sale of goods or the provision of labor services, and the packaging fees, transportation and miscellaneous expenses advanced by the first cargo unit.

Other payables mainly reflect the amount payable at the end of the period but not yet repaid, and the accounting account of other payables is often used in daily work.

Other payables mainly reflect the amount payable but not yet repaid at the end of the period, and other payables refer to the amount payable or temporarily received by other units or individuals in addition to the purchase of goods, materials and materials and the acceptance of labor services.

Other payables:

1. Security deposit, including commodity quality deposit, engineering construction deposit, dealer deposit, bidding deposit, equity transfer deposit, deposit, etc.

2. Withholding expenses, such as withholding rent, water and electricity expenses, transportation expenses, advertising expenses, management fees, sales rebates (sales rebates) and other expenses.

3. Current payments, including shareholder loans, temporary receivables payable, advertising fees payable, equipment payables, etc.

4. Employee risk payment, such as severance compensation.

5. Reserve fund (personal temporary advance).

6. Equity investment funds and put options held by minority shareholders.

7. Collection and payment.

8. Others, including franchise fees, employee stock ownership plans, etc.

1. Receive the deposit due to the customer.

Borrow: Bank deposit.

Credit: Other payables.

2. The rent payable for leased packaging materials and the rent payable for operating leased fixed assets.

Borrow: Administrative expenses.

Credit: Other payablesWhat does the long-term account payable mean? How to do accounting processing?

Other receivables are all kinds of receivables and provisional payments other than notes receivable and so on, how should accountants prepare accounting entries for other receivables?

Accounting entries for other receivables.

1. When the enterprise pays other receivables

Debit: Other receivables.

Credit: Bank Deposits Cash on hand.

Borrow: Bank Deposits, Cash on Hand.

Credit: Other receivables.

3. When the enterprise advances various payments for employees:

Debit: Other receivables.

Credit: Bank Deposits Cash on hand.

4. When the enterprise recovers the advance paid for the employee:

Borrow: Employee remuneration payable.

Credit: Other receivables.

What are other receivables?

Other receivables refer to all kinds of receivables and provisional payments other than notes receivable, accounts receivable, prepaid accounts, dividends receivable and interest receivable. It mainly includes various compensation receivables and fines, such as compensation collected from relevant insurance companies due to accidental losses caused by enterprise property, etc.; Rental of rental packaging receivable; Various advances that should be collected from employees, such as water and electricity bills paid for employees and medical expenses that should be borne by employees; Deposit a security deposit, such as a deposit for renting packaging; Other receivables and provisional payments.

What does the compensation payable to an employee include?

Remuneration payable to employees refers to various forms of remuneration or compensation given by enterprises for obtaining services provided by employees or terminating labor relations. Employee compensation includes short-term compensation, post-employment benefits, severance benefits, and other long-term employee benefits. The benefits provided by an enterprise to an employee's spouse, children, dependents, survivors and other beneficiaries of the deceased employee are also considered employee remuneration.

Other receivables belong to asset accounts, and other receivables refer to other receivables or provisional payments other than accounts receivable and notes receivable. The occurrence of other receivables is generally not directly related to the normal production and business activities of the enterprise, so it is a non-business receivable item in nature.

Its accounting content mainly includes: the reserve fund prepaid to various departments and individual employees within the enterprise; various indemnities and fines collected; Deposited margin; interest or dividends receivable; Various advances to be collected from employees, etc. Other receivables are a kind of working capital of an enterprise and belong to short-term claims.

For accounting entries for other receivables, it is like this:

1. When the enterprise pays other receivables, the accounting entries are:

Debit: Other receivables.

Credit: Bank Deposits Cash on hand.

Borrow: Bank Deposits, Cash on Hand.

Credit: Other receivables.

3. When the enterprise advances various payments for employees, the accounting entries are:

Debit: Other receivables.

Credit: Bank Deposits Cash on hand.

4. When the enterprise recovers the advance paid for the employee, the accounting entries are:

Borrow: Employee remuneration payable.

Credit: Other receivables.

When incurred: Borrow: Other receivables, Credit: Bank Deposits Cash in hand, Repayment:

Borrow: bank deposits or cash in hand, credit: other receivables.

Other receivables refer to various receivables and provisional payments other than the resale of financial assets, notes receivable, accounts receivable, prepaid accounts, dividends receivable, interest receivables, subrogation recoveries receivable, reinsurance receivables, reinsurance contract reserves receivable, long-term receivables, etc.

Its main contents include various compensation receivables and fines, such as compensation collected from relevant insurance companies due to accidental losses caused by enterprise property, etc.; Rental of rental packaging receivable; Various advances to be collected from employees, such as water and electricity bills paid in advance for employees, and medical expenses that should be borne by employees; Reserve fund (reserve fund allocated to various functional departments, workshops, personal turnover use, etc.); deposit a security deposit (e.g. a deposit paid for renting packaging); Advance payments are transferred in; Other receivables and provisional payments.