How to write the business income and expenditure of the previous year and the annual business income

That's right. Article 20 of the Ministry of Finance on February 6, 1998 on the issuance of the "Accounting System for Administrative Units" The accounting statements shall fully reflect the financial revenue and expenditure of the administrative units and their results. Important business matters should be reflected separately. Thank you!

How to make the income and expenditure of retail pharmacies in the previous year?

Debit: Accounts Receivable (red) Credit: Prior Year Profit and Loss Adjustment (red).

Credit: Tax Payable - VAT Payable - Output Tax (in red) Carried forward to "Prior Year Profit and Loss Adjustment".

Debit: Profit distribution - undistributed profit.

Credit: Prior Year Profit and Loss Adjustment.

Borrow: main business income.

Debit: Taxes payable.

Borrow: Income tax expense.

Credit: Prior Year Profit and Loss Adjustment.

Debit: Profit and loss adjustments for prior years.

Credit: Cost of Principal Operations.

Accounting for the main business income of the previous year will be recorded: debit: accounts receivable (in red); Credit: Profit and loss adjustments for prior years (in red); Credit: Tax Payable - VAT Payable - Output Tax (in red).

Carry forward the "prior year profit and loss adjustment" debit: profit distribution - undistributed profit; Credit: Prior Year Profit and Loss Adjustment.

Extended Resources:

There are two types of accounting entries: simple entries and compound entries, of which simple entries are entries that borrow and loan; Compound entries are one loan multiple credit entries, multiple loan one loan, and multiple loan multiple credit entries.

It should be pointed out that, in order to maintain a clear correspondence between accounts, it is generally not appropriate to merge different economic operations together and prepare accounting entries for multiple loans and loans.

However, in some special circumstances, in order to reflect the overall picture of economic operations, it is also possible to prepare accounting entries for multiple loans and loans.

Accounting entries are also known as"Accounting formulas", abbreviation"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 includes the accounting symbol, the account name, summary and amount, and the accounting entry is divided into two types: simple entry and compound entry. 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.

Beginners can follow these steps when preparing accounting entries:

1) The accounts involved, analyze which accounts involved in economic operations have changed.

2) The nature of the accounts, the nature of the accounts involved in the analysis, i.e., what accounting elements each of them belongs to, whether it is on the left or right side of the accounting equation.

3) Analyze and determine whether these accounts have increased or decreased, and what is the amount of increase or decrease.

4) The direction of bookkeeping, according to the nature of the account and its increase or decrease changes, determine the debit or credit credited to the account respectively.

5) According to the format requirements of accounting entries, prepare complete accounting entries, accounting entries In addition, be diligent, learn more, ask more questions, and practice more.

Borrow: main business income.

Debit: Tax Payable - VAT Payable - Output Tax.

Generation: Accounts receivable.

Transfers are made through the Prior Year Profit and Loss Adjustment account.

Debit: Accounts receivable (in red).

Credit: Income from Main Business (in red).

Credit: Tax Payable - VAT Payable - Output Tax (in red) carry-forward"Main business income"

Debit: Profit distribution - undistributed profit.

Credit: main business income.

1. If it is a practical operation, the tax law stipulates that the sales return will be offset and the current income and cost will be returned, and you will not know if the red letter invoice has expired, generally 180 days.

Borrow: main business income.

Taxes payable. Credit: Accounts receivable.

Borrow: Inventory of goods.

Credit: Cost of Principal Operations.

2. If it is an accounting problem, you need to adjust the opening profit, which we generally do not do when it is actually operated.

Debit: Undistributed profit (profit adjustment).

Credit: Accounts receivable.

Borrow: Tax payable.

Credit: Accounts receivable.

If it involves the provision for bad debts, it is also necessary to adjust the opening profit according to the proportion of bad debts.

Debit: Undistributed profit ratio.

Credit: Accounts Receivable Ratio.

The method of calculating the main business income is as follows:

According to the above formula, it is not difficult to see the right side of the equation: main business income + other business income + investment income = main business cost + other business cost + business tax and surcharge + operating expenses + sales expenses + financial expenses + asset impairment loss.

The main business is an important business of the enterprise, and it is the main income of the enterprise, which should be accounted for. Therefore, enterprises should set up the "main business income" account to account for the income formed by the main business; Set up the "Cost of Main Business" account to calculate the relevant costs incurred to obtain the main business income; Set up the "Business Tax and Surcharge" account;

Calculate the in-price turnover tax and the related expenses that should be paid, such as consumption tax, business tax, resource tax, urban maintenance and construction tax, education surcharge, etc. The above-mentioned accounts should be set up according to the type of goods, labor or type of business, etc., to reflect in detail the income, cost and gross profit of each major transaction.

Debit: Profit and loss adjustments for prior years.

Debit: Tax Payable - VAT Payable (Output Tax).

Credit: Accounts receivable.

Borrow: Tax payable - corporate income tax.

Credit: Prior Year Profit and Loss Adjustment.

Debit: Profit distribution - undistributed profit.

Borrow: Surplus Reserve - Statutory Surplus Reserve.

Credit: Prior Year Profit and Loss Adjustment.

1. If it is a practical operation, the tax law stipulates that the sales return will be offset and the current income and cost will be refunded: main business income - tax payable.

Credit: Accounts receivable.

Borrow: Inventory of goods.

Credit: Cost of Principal Operations.

2. It is necessary to adjust the opening profit.

Debit: Undistributed profits.

Credit: Accounts receivable.

Borrow: Tax payable.

Credit: accounts receivable 10,000 yuan.

3. If it involves the provision of bad debts, it is also necessary to adjust the opening profit according to the proportion of bad debts: undistributed profits.

Credit: Accounts receivable.

Because it has already crossed the year, the voucher with the opposite entry is made to adjust, and the account involving the profit and loss account is replaced by the profit and loss adjustment account of the previous year.

For example: borrow: profit and loss adjustment of previous years (original main business income).

Credit: Accounts receivable.

The reverse entry is also made for over-credited costs, and the Prior Years Profit and Loss Adjustment account is carried forward to the Profit Distribution - Undistributed Profit account.

According to the provisions of the accounting system for enterprises:

Prior Year Profit and Loss Adjustments.

1. This account accounts for the adjustment of the profit and loss of the previous year incurred by the enterprise in the current year. Events that require adjustment of profit or loss for the reporting year between the date of the annual balance sheet and the date of approval of the financial and accounting report, as well as the adjustment of material accounting errors in previous years that occur in the current year, are also accounted for in this account.

2. The profit of the previous year increased by the adjustment of the enterprise or the loss of the previous year decreased by the adjustment shall be debited to the relevant account and credited to this account; If the enterprise adjusts the decrease in the profit of the previous year or adjusts the increase in the loss of the previous year, this account shall be debited and the relevant account shall be credited.

The income tax of the enterprise due to the adjustment of the increase or decrease of the profit or loss of the previous year shall be debited to this account and credited to the account of "tax payable - income tax payable"; Income tax that decreases accordingly as a result of an adjustment to reduce or increase the profit or loss of a previous year is made as an opposite accounting entry.

After the above adjustments, the balance of this section should be transferred to the account "Profit Distribution - Undistributed Profits" at the same time. If this account is a credit balance, this account is debited and the "Profit Distribution - Undistributed Profit" account is credited; In the case of debit balances, reverse accounting entries are made. There should be no balance in this account after the carryover.

3. For the adjustment of profits and losses of previous years in the current year, the beginning of the year or the actual number of the previous year shall be adjusted; In the event of adjusting the profit or loss of the reporting year between the date of the annual balance sheet and the approval of the export report in the financial and accounting report, the enterprise shall adjust the figures of the relevant items in the accounting statement of the reporting year.

From the above, it can be seen that the "profit and loss adjustment of previous years" belongs to the profit and loss account, but its amount is not included in the current profit and loss statement, but should be recorded in the profit and loss of the adjusted year.

The "Profit and Loss Adjustment for Previous Years" account is generally used for retrospective adjustment of changes in accounting policies, correction of material accounting errors in previous years, and adjustment of events after the balance sheet date.

Before the annual report is issued, the overcounted income is directly washed off. The annual report has been adjusted through the "Profit and Loss Adjustment for Previous Years" account.

You can write this according to the actual situation of your company, because the company has just opened, business is in a recession and other reasons, and then you will knock each chapter on, it's okay, not too much, there are 300 words. I've come across it.

There is no business income for a year, so what does your company do? If you are in the R&D project stage, report on the status of your R&D project. If it is a loss but can pay taxes normally, it will be reported together with the tax certificate.

In the current year, it is found that the income of the previous year has been omitted, and the adjustment needs to be made through the profit and loss adjustment account of the previous year.

The accounting entries are:

Borrow: main business income, other business income, non-operating income.

Credit: Prior Year Profit and Loss Adjustment.

Carry-forward income, accounting entries:

Borrow: main business income, other business income, non-operating income.

Credit: Profit for the year.

The prior year profit and loss adjustment account is a correction of a material error in the prior year's financial statements. Such errors include calculation errors, accounting entry errors, and omissions.

The entries for missing income in the previous year are as follows:

1.Debit: Bank deposits (accounts receivable, etc.).

Credit: Prior Year Profit and Loss Adjustment - Sales Revenue.

2.Because the income tax of the previous year was also underpaid, it was necessary to pay the income tax, and the entries:

Borrow: Prior Year Profit and Loss Adjustment - Income Tax Expense.

Credit: Tax Payable - Income Tax Payable.

3.Borrow: Prior Year Profit and Loss Adjustment - Sales Revenue.

Credit: Profit Distribution - Undistributed Profits.

Credit: Prior Year Profit and Loss Adjustment - Income Tax Expense.