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Anonymous users2024-02-13June 6th.
Borrow: Raw material - A material 10000
Debit: Tax Payable - VAT Payable (Input Tax) 1300 Credit: Accounts Payable 11300
May 7th. Debit: Fixed assets 100,000
Credit: Paid-up capital 100,000
May 9th. Borrow: Bank deposit 500000
Credit: 500,000 short-term borrowings
May 10th. Borrow: Production cost 5000
Borrow: Manufacturing cost 1000
Borrow: 1000 for administrative fees
Credit: Raw materials 7000
May 20th. Borrow: 50000 items in stock
Credit: Production cost 50000
May 31st. Debit: Accounts receivable 113000
Credit: main business income 100,000
Credit: Tax Payable - VAT Payable (Output Tax) 13000 31 months.
Borrow: Selling Expenses - Advertising Expenses 3000
Credit: Bank deposit 3000
8.December 31.
Borrow: The cost of main business is 70,000
Credit: 70,000 items in stock
9.December 31.
Borrow: main business income 100,000
Credit: Profit for the year 100,000
10.December 31.
Borrow: profit for the year 74000
Credit: Cost of main business 70,000
Credit: Selling Expenses - Advertising Expenses 3000
Credit: Administrative fee 1000
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Anonymous users2024-02-121.Borrow: Raw material - A material 10000
Tax Payable - VAT Payable - Input VAT 1300
Credit: Accounts payable 11300
2.Debit: Fixed assets 100,000
Credit: Paid-up capital 100,000
3.Borrow: Bank deposit 500000
Credit: 500,000 short-term borrowings
4.Borrow: Production cost 5000
Manufacturing cost 1000
Management fee 1000
Credit: Raw materials 7000
5.Borrow: 50000 items in stock
Production cost - 50000 for product A
6.Debit: Accounts receivable 113000
Credit: main business income 100,000
Tax Payable - VAT Payable - Output Tax 130007Borrow: Selling Expenses - Advertising Expenses 3000
Credit: Bank deposit 3000
8.Borrow: Cost of main business - product A 70000
Credit: Inventory Commodities - Product A 70000
9.Borrow: main business income 100,000
Credit: Profit for the year 100,000
10.Borrow: profit for the year 74000
Credit: Administrative fee 1000
Selling Expenses - Advertising Expenses 3000
The cost of main business - product A 70000
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Anonymous users2024-02-11Hello, please refer to the following**.
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Anonymous users2024-02-10Categories: Business Banking >> Finance & Tax.
Problem description: Company A and Company B reached an agreement that Company B would repay the amount of RMB 620,000 for a van and a car that Company B owed to Company A if Company A paid a premium of RMB 20,000. Pay the relevant taxes and fees of 2,300 yuan. The fair value of the van and car was RMB450,000 and RMB190,000 respectively, and the accounts receivable of Company A had been recorded as a provision for bad debts of RMB2,480.
1.How do you make accounting entries?
2.Why do you do this accounting entry?
Analysis: Accounting treatment of Creditor Company A.
According to the provisions of the Accounting System for Business Enterprises and the Accounting Standards for Debt Restructuring Enterprises:
1。If the debtor repays the debt with non-cash assets, the creditor shall use the carrying amount of the receivable claim plus the relevant taxes and boot paid as the recorded value of the recovered non-cash assets. Therefore, the recorded value of the two non-cash assets recovered in the question = (620,000-2,480) + 2,300 + 20,000 = $639,820.
2。If the recovered non-cash assets include multiple assets, the total recorded value of the non-cash assets shall be allocated according to the proportion of the fair value of each non-cash asset to the total fair value of the non-cash assets, and the recorded value of each non-cash asset shall be taken as the recorded value of each non-cash asset according to the amount after distribution. So.
The recorded value of the van in the question = 639 820 * (450 000 (450 000 + 190 000) = 449 yuan, while the recorded value of the car = 639 820 * (190 000 (450 000 + 190 000) = 189 yuan.
3。Accounting entries.
Borrow: Fixed assets - van 449 yuan.
Borrow: fixed assets - car 189 yuan.
Debit: Provision for bad debts of $2.
Credit: Accounts receivable - $620 for Company B.
Credit: Bank deposit 22 yuan.
As for the accounting treatment of the debtor Company B, it cannot be presented due to the incomplete data in the question.
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Anonymous users2024-02-09Divide 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.
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Anonymous users2024-02-08The bank helps our company pay foreign exchange, and our company deposits the same amount for a fixed period of one year, and borrows: bank deposits, fixed accounts of 100,000.
Credit: 100,000 yuan for bank deposits and current accounts.
The handling fee for foreign exchange payment is offset against the interest, and the borrowing: financial fee and handling fee of 10,000 yuan.
Credit: financial expenses, interest income 10,000 yuan.
After one year, the term payment will still generate income, and entries will be made when the income is generated.
Borrow: bank deposit, fixed 20,000 yuan.
Credit: investment income or financial expenses, interest income of 20,000 yuan.
How do you do this set of entries? It's best to help me list it every step of the way! Thank you.
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