What accounts should be transferred to the main business income cost at the end of the month?

1. Generally speaking, the income obtained from the main business of the enterprise is recorded in the main business income, and the corresponding cost is recorded in the main business cost, and it will be transferred to the profit of the current year at the end of the month, and the entries are as follows:

Borrow: main business income.

Credit: Profit for the year.

Borrow: Profit for the current year.

Credit: Cost of Principal Operations.

2. In order to continuously, systematically, and comprehensively account for and supervise the increase or decrease of various accounting elements caused by economic activities, it is necessary to scientifically classify the specific contents of accounting elements according to their different characteristics and economic management requirements, and to determine in advance the names of the items for classified accounting and to stipulate the accounting contents. This kind of project that classifies and accounts for the specific content of accounting elements is called an accounting account.

3. The main business refers to the main activities engaged in by the enterprise in its daily activities to complete its business objectives, which can be determined according to the main business scope specified in the business license of the enterprise, for example, the main business of industrial and commodity circulation enterprises is to sell commodities, and the main business of banks is to provide loans and settle settlements for enterprises.

You can read the book first, and it is estimated that you will be able to do it! Because that's the most basic! Sorry, I didn't have a direct question with you.

Put the main business income profits.

The cost of the main business is transferred to profit.

Entry. Debit main business income.

Credit the profit for the year.

Debit the profit for the year.

Credit to the cost of principal business.

The main business cost is the product cost of the products sold by the enterprise, and the sales expenses, management expenses, and financial expenses are the period expenses.

The cost of the main business is transferred from the finished product at the time of sale.

Borrow: Cost of main business.

Credit: Finished products.

The finished product is transferred from the production cost.

Borrow: Finished products.

Credit: Production costs.

The production cost is composed of materials, labor and costs.

Borrow: production costs.

Credit: raw materials, wages payable, manufacturing expenses.

Therefore, the main business cost includes the materials for the production of the product, the wages of workers, and the manufacturing expenses (equipment depreciation, water, electricity, and auxiliary materials).

1. Carry-forward income:

Borrow: main business income.

Credit: Profit for the year.

2. Carry-forward costs.

Borrow: Profit for the current year.

Credit: Cost of Principal Operations.

There are other accounts related to income, non-operating income and expenditure, etc.

3. Carry-over of expenses during the period.

Borrow: Profit for the current year.

Credit: Administrative expenses.

Operating expenses. Finance Expenses.

Fourth, the carry-over of taxes.

Borrow: Profit for the current year.

Credit: main business tax and surcharge, income tax.

The main business cost is the cost incurred by the enterprise in the sale of goods, the provision of labor services and other regular activities. As an accountant, you must be proficient in the accounting treatment related to the carry-forward of the main business costs.

1.Businesses sell goods.

Borrow: Bank deposit.

Credit: main business income.

Tax Payable – VAT payable (output tax).

2.Carry forward the cost of sales of the enterprise.

Borrow: Cost of main business.

Credit: Inventory of goods.

3.Period-end carry-forward costs.

Borrow: Profit for the current year.

Credit: Cost of Principal Operations.

What is the accounting account of the cost of main business?

The cost of principal business is an accounting account of profit and loss. The cost of main business is used to calculate the profit for the period, so the cost of the main business that is consistent with the realized main business income is classified as profit and loss.

The cost of main business specifically refers to the direct cost that the company must invest in the production and sale of products or services related to the main business. Costs such as raw materials, labor costs and depreciation of fixed assets are all costs of the main business.

According to the type of main business, a sub-ledger is set up under the main business cost account, and its purpose is to carry out detailed accounting. The reason why there is no balance at the end of the period in the main business cost account is that the balance of the main business cost will be transferred to the profit account of the current year at the end of the period.

In order to account for the recognition and carry-over of the cost of the main business, the enterprise should pass the accounting account of the cost of the main business.

What is the difference between the cost of main business and the cost of production?

Production costs are mainly for industrial enterprises or processing and manufacturing industries. Direct materials, direct labor, manufacturing expenses, etc. can all constitute production costs.

The cost of the main business is mainly relative to the income of the main business, and if there is income, there will be a corresponding cost.

What are the calculation methods of the cost of main business?

Specifically, it should be based on the use of a regular inventory system or a perpetual inventory system in the accounting of enterprises, and the first-in-first-out method, last-in-first-out method, weighted average method, and individual identification method should be used for measurement.

A: 1Businesses sell goods.

1) When sales are realized.

Debit: bank deposits, accounts receivable, etc.

Credit: main business income.

Tax Payable – VAT payable (output tax).

Borrow: Cost of main business.

Credit: Inventory of goods.

2) Profit or loss carried forward at the end of the period.

Borrow: main business income.

Credit: Profit for the year.

Borrow: Profit for the current year.

Credit: Cost of Principal Operations.

2.Provision of labor services.

1) When labor expenses are incurred.

Borrow: Labor costs.

Credit: bank deposits, salaries payable to employees, etc.

2) Recognize the income of labor services and carry forward the total cost of labor services.

Borrow: bank deposits, etc.

Credit: main business income.

Borrow: Cost of main business.

Credit: Labor costs.

3) Profit or loss carried forward at the end of the period.

Borrow: main business income.

Credit: Profit for the year.

Borrow: Profit for the current year.

Credit: Cost of Principal Operations.

2. Accounting entries of main business income.

The main business income is Acacia"Accounts are used to account for the income generated by the business in its daily activities such as selling goods and providing services. In"Main business income"Under the account, a detailed account should be set up according to the type of main business Qingsui Chunyu Nai, and detailed accounting should be carried out.

The cost of main business refers to the direct cost that the company must invest in the production and sale of products or services related to the main business, mainly including raw materials, labor costs (wages) and depreciation of fixed assets. The realized income from the main business shall be recorded according to the price actually received or receivable.

What are accounting entries?

Accounting entries are also known as"Accounting formulas".Abbreviation"Entry. ".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.

Under normal circumstances, when an enterprise recognizes the main business income such as the provision of labor services and the sale of goods, it should also carry forward the cost of the provided services and the goods sold to the "main business cost" account, so what are the specific accounting entries?

Costs are carried forward when sales revenue is recognized.

Borrow: Cost of main business.

Provision for decline in inventory value.

Credit: Inventory of goods.

At the end of the period, it is carried forward to the profit of the current year.

Borrow: Profit for the current year.

Credit: Cost of Principal Operations.

What is the cost of the main business?

The cost of main business refers to the cost incurred by an enterprise in providing services and selling goods and other recurring activities. Under normal circumstances, when an enterprise confirms the main business income such as the sale of goods and the provision of services, it needs to carry forward the goods that have been sold and the cost of services to the main business cost account for relevant accounting.

The cost of principal business is a profit and loss account, with the debit side indicating an increase and the credit side indicating a decrease. The cost of the main business is calculated in detail according to the type of the main business, and the balance of the cost of the main business is transferred to the "profit of the year" account for accounting at the end of the period, and there is no balance in this account after the carryover.

The accounting of the cost of main business refers to the direct costs that must be invested when an enterprise produces and sells products or services related to its main business, mainly including raw materials, labor costs (wages) and depreciation of fixed assets.

Offsetting the cost of the main business will be searched for the return to the calendar entry.

Provisional estimates are recorded first.

Borrow: Inventory of goods.

Credit: Accounts Payable - Provisional Estimates.

Then the cost of the previous month will be carried forward to the red.

Borrow: Cost of main business.

Credit: Inventory of goods.

The cost is then recorded and carried forward by invoice.

Borrow: Inventory of goods.

Credit: Accounts Payable - Commodity Payments.

Borrow: Cost of main business.

Credit: Inventory of goods.

The main business costs incurred by the enterprise in its daily business activities are called the main business costs, and when the main business costs are carried forward at the end of the month, how to make accounts such as annihilation and rent?

How to make accounting entries for the carry-forward of main business costs?

Carry-over entries for the cost of main business:

Carry forward at the end of the month. Borrow: Cost of main business.

Credit: Inventory of goods.

At the end of the period, the balance of the cost of the main business is transferred to the "Profit of the Year" account

Borrow: Profit for the current year.

Credit: Cost of Principal Operations.

After the carryover, there is no balance in the "Cost of Principal Operations" account.

The cost of main business includes the cost that should be carried forward when the main business income such as the sale of goods and the provision of labor services is the cost of production of the sold products in manufacturing enterprises; In commodity circulation enterprises, the main business cost is the purchase price cost of the sold goods; In the service enterprise, the main business cost refers to the labor, materials and other expenses incurred in providing services.

Formula for calculating the cost of principal business.

The main business cost = the number of products sold * the production cost per unit of product.

What is the relationship between the cost of the main business and the income of the main business?

The main business income refers to the operating income obtained by the enterprise from the production and operation activities of the industry, and the income generated by the macro enterprise in the daily activities such as selling goods and providing labor services is accounted for.

The cost of main business refers to the cost incurred by the enterprise in the sale of goods, the provision of labor services and other business activities, accounting for the actual cost incurred by the enterprise due to the sale of goods, the provision of labor services or the transfer of the right to use assets and other daily activities, debiting the account, crediting the "inventory goods", "labor costs" and other accounts.

Generally, when an enterprise recognizes the income from its main business such as the sale of goods and the provision of services, or at the end of the month, the cost of the goods sold and the services provided is transferred to the cost of the main business.