(I) Asset class
Article 101 Cash
Cash received is debited to this account and credited to the related account; cash expended is debited to the related account and credited to the account. The debit balance of this account reflects the amount of cash on hand.
Article No. 102 Bank Deposits
When an institution deposits money in a bank or other financial institution, it debits this account and credits the relevant account; when withdrawing and spending deposits, it debits the relevant account and credits the account. The debit balance of this account reflects the amount of bank deposits of the institution.
Article 105 Bills Receivable
When an organization receives bills receivable, it debits this account and credits the related accounts such as "Operating Income". The face amount of the notes receivable is collected at maturity and debited to "bank deposits" and credited to this account. The debit balance of this account is the outstanding amount of notes receivable. Units holding outstanding notes receivable discounted to the bank, should be based on the actual amount received (net of discounted interest), debit "bank deposits" and other accounts; discounted interest portion, debit "operating expenses" account, according to the face amount of the notes receivable, credit The account.
Accounts Receivable
When accounts receivable are generated, this account is debited and credited to "Operating Income", "Other Income", etc. When payment is received, the account "Bank Deposit" is debited and the account "Other Income" is credited. When receiving the payment, debit the account of "bank deposits" and credit the account. The debit balance of this account reflects the cumulative number of accounts receivable to be settled.
Article 108 Prepayments
When an organization makes prepayments, it debits this account and credits "bank deposits". When you receive payment for purchased goods or services, you debit "materials" and credit "materials" according to the amount listed in the invoice or bill. When you make a re-payment, debit this account and credit "Bank Deposit"; when you return an overpayment, debit "Bank Deposit". Credited to the account. The debit balance of this account is not yet settled prepayments.
Article 110 Other Receivables
When various other receivables are incurred, debit this account and credit the relevant account; when various amounts are recovered, debit the relevant account and credit the account. The debit balance of this account is the outstanding receivables.
Article 115 Materials
(1) When the materials are purchased for personal use and have been accepted into the warehouse, this account is debited and credited to "bank deposits" etc. When the materials are taken out of the warehouse, this account is debited and credited to "bank deposits". When they are taken out of the warehouse, they are debited to "Business Expenditure" and credited to this account.
(2) small taxpayers belonging to the business unit to purchase materials and have been accepted into the warehouse, debit this account, credit "bank deposits" and other subjects. When the material is taken out of the warehouse, it is debited to "Business Expenditure" and "Operating Expenditure", and credited to the account.
(3) If an organization that is a general taxpayer purchases materials for non-self-use and accepts them into the warehouse, according to the amount of value-added tax stated on the special invoice for the purchased materials, debit the account of "Taxes Payable - Value-added Tax Payable (Input Tax)", and according to the amount of value-added tax stated on the special invoice for the purchased materials, debit the account of "Tax Payable - VAT Payable (Input Tax)". According to the amount of VAT stated on the special invoice, debit this account, and according to the actual amount paid, credit "Bank Deposit", "Accounts Payable" and other accounts. When used out of the warehouse, according to the purchase cost (excluding tax) debit "business expenses", "operating expenses" and other subjects, credit account.
(4). Utility materials, at least once a year inventory, inventory surplus, inventory loss, etc., is a normal overflow or loss, in accordance with the actual cost, as an increase or decrease in material processing, which belongs to the operating materials at the same time corresponding to reduce or increase "operating expenses", belonging to the cause of the material should be reduced or increased "Business Expenses".
Article 116 Finished goods
1. Finished goods accepted into the warehouse after production is completed are debited to this account and credited to the "Costs and Expenses" account. When the products are sold out of the warehouse, the actual cost is calculated according to the first-in-first-out method or the weighted average method, and is debited to the account of "business expenses" or "operating expenses" and credited to the account. The debit balance of this account reflects the actual cost of finished goods in stock.
2. Inventory of finished goods inventory surplus or deficit, as an increase or decrease in finished goods. Inventory surplus, debit this account, credit "business expenditure" or "operating expenditure" account; inventory loss, debit "business expenditure" or "operating expenditure In case of loss, debit the account of "Business Expenditure" or "Operating Expenditure" and credit the account.
Article 117 Foreign Investment
1. The foreign investment formed by the purchase of various bonds by the institution shall be debited to this account and credited to "bank deposits" according to the actual payment; at the same time, it shall be debited to the account of "Business Fund - General Fund". At the same time, debit the "Business Fund -- General Fund" account, credit "Business Fund -- Investment Fund" account.
2. Institutions with fixed assets for foreign investment, should be based on the appraisal or contract, agreement confirmed value of debit this account, credit "Business Fund - Investment Fund"; according to the original book value, debit the "Fixed Fund". "Fixed Fund", credited to the "fixed assets" account.
The general taxpayers of the institutions to other units of materials, according to the value of the contract agreement, debit this account, according to the book value of the materials (excluding value-added tax), credit "materials", credit "tax payable - - payable VAT (output tax)". -VAT payable (output tax)". The difference between the book value of the materials and the output tax payable on VAT is deducted from the value determined by the contract agreement and debited or credited to the account "Utility Fund - Investment Fund"; meanwhile, the book value of the materials is debited to the account "Utility Fund - General Fund"; and the book value of the materials is debited to the account "Utility Fund - General Fund". --At the same time, according to the book value of the materials, debit the "Business Fund - General Fund" account, credit the "Business Fund - Investment Fund" account.
Small-sized taxpayers belonging to the institutions of external investment materials, according to the value of the contract agreement, debit this account, according to the book value of the materials (including tax) credited to the "materials" account. According to the difference between the value determined by the contract agreement and the book value of the materials, debit or credit the account of "Utility Fund--Investment Fund"; at the same time, according to the book value of the materials, debit the account of "Utility Fund--General Fund"; at the same time, according to the book value of the materials, debit the account of "Utility Fund--General Fund". --At the same time, according to the book value of the materials, debit the "Business Fund - General Fund" account, credit the "Business Fund - Investment Fund" account.
Intangible assets invested by the organization to other units, according to the value determined by both parties, debit this account, according to the original book value, credit the "intangible assets" account, according to the difference, debit or credit the "investment fund" account; at the same time, according to the book value of materials, debit the "investment fund" account; at the same time, according to the book value of materials, debit the "general fund" account, credit the "investment fund" account. -At the same time, according to the book value of intangible assets, debit the account of "Business Fund - General Fund" and credit the account of "Business Fund - Investment Fund".
Investment Fund".
Institutions to invest in foreign currency funds, debit this account, credit "bank deposits" account; at the same time, debit "business fund - general fund" account, credit "business fund - general fund" account, credit "business fund - investment fund" account. Credit "business fund - investment funds" account.
The transfer of bonds and the maturity of the principal and interest on bonds, according to the actual amount received, debit the "bank deposits" account, according to the actual cost of crediting the account. The difference between the actual amount received and the carrying amount is debited or credited to the "other income" account. At the same time, adjust the detailed accounts of the enterprise fund.
Article 120 Fixed Assets
(1) When an institution acquires fixed assets, it shall debit "Special Fund - Repair and Purchase Fund", "Business Expenditure", "Earmarked Expenditure" and "Specialized Expenditure", respectively, in accordance with the source of funds. ", "special expenditure" and other subjects, credit "bank deposits", and at the same time debit this account, credit "fixed fund" account.
(2) The unit accepts the donation of fixed assets, debit this account, credit the "fixed fund" account.
(3) fixed assets leased under finance, debit this account, credit "other payables", when paying rent, debit the relevant expenditure account, credit "fixed fund" account; at the same time, debit the "other payables" account, credit "fixed fund" account; at the same time, debit " Other payables" account, credit "bank deposits" account.
(4) Surplus fixed assets, according to the replacement value of debit this account, credit the "fixed fund" account.
(5) due to scrapping, destruction and inventory loss and other reasons for the reduction of fixed assets, according to reduce the original value of fixed assets, debit the "fixed fund" account, credit "fixed assets" account. The residual value of fixed assets and the cost of liquidation are included in the repair fund in the special fund account.
(6) the sale of fixed assets, according to the actual price received debit "bank deposits" account, credit "special fund - repair and purchase fund" account, and at the same time according to the original price debit "fixed assets" account. At the same time, the original price is debited to the "fixed fund" account, credited to the account.
(7) The transfer of fixed assets from investment is handled in accordance with the relevant provisions of the "foreign investment" account.
Article 124 Intangible Assets
1. This account accounts for the value of various intangible assets such as patents, non-patented technologies, copyrights, trademarks, land use rights, goodwill and so on.
2. Institutions to purchase or self-development and in accordance with legal procedures to obtain intangible assets should be based on the actual number of expenditures, debit this account, credit "bank deposits" and other related subjects.
3. All kinds of intangible assets should be reasonably amortized. Not to implement internal cost accounting institutions, their purchases and self-developed intangible assets amortization, should be credited to the "business expenditure" account, debit "business expenditure" account, credit account. For the implementation of internal cost accounting institutions, its intangible assets should be amortized over the period of benefit, amortization debit "operating expenses" account, credit account.
4. The unit to transfer the ownership of the intangible assets have been recorded, the transfer of income, debit the "bank deposits" account, credit "business income" account, the transfer of intangible assets to carry forward the cost of debit The cost of transferring the intangible assets is debited to the "Business Expenses--Other Expenses" account and credited to the "Business Expenses--Other Expenses" account.
The transfer of intangible assets from foreign investment is handled in accordance with the relevant provisions of the "foreign investment" account.
(B) Liabilities
Article 201 Borrowing
When borrowing money, debit the "bank deposits" and other accounts, credit account; return the principal, debit this account, credit "bank deposits" account; payment of interest on borrowing, debit the "bank deposits" account; payment of interest on borrowing, debit the "bank deposits" account. The payment of interest on the loan, debit the "business expenses", "operating expenses" account, credit "bank deposit" account.
Article 202 Bills Payable
When the unit issues or accepts a bill of exchange or uses a bill of exchange to offset the payment of goods, the unit debits "Materials", "Accounts Payable" and other accounts and credits the account. To pay the handling fee for bank acceptance bills, debit the relevant expense or fee account and credit the "bank deposit" account. When you receive the notice of payment of principal and interest from the bank, debit this account and the related expense account, and credit the "bank deposit" account.
Account No. 203 Accounts Payable
This account applies to business units with internal cost accounting.
When materials and supplies purchased by an organization have been accepted and placed in storage, but the payment has not yet been made, it should be debited to "materials" and other related accounts and credited to the account according to the relevant vouchers.
When a unit receives labor services from other units, the unpaid amount should be debited to the relevant expenditure (expense) account and credited to the relevant account according to the invoice bill provided by the supplying unit.
When a unit pays off its accounts payable, it debits this account and credits "bank deposits".
When a unit issues or accepts a commercial bill of exchange to offset accounts payable, it debits this account and credits the account of "bills payable".
Article 204 Accounts Received in Advance
1. When a unit receives accounts in advance, it debits the account of "bank deposits" or "cash" and credits the account; when the sale of goods is realized (labor service is realized), it debits the account and credits the relevant account. When the sale of goods is realized (the realization of labor services), this account will be debited and the related income account will be credited. Refund overpayment, make the opposite accounting entry.
2. The unit of the advance receipts business is not much, the advance receipts can also be credited directly to the "accounts payable" account, without this account.
Article 207 Other Payables
All kinds of accounts payable and provisional receipts incurred by the unit shall be debited to the accounts such as "Bank Deposit", "Business Expenditure" and "Operating Expenditure" and credited to the accounts such as "Accounts Payable", "Business Expenditure" and "Operating Expenditure". "
When the unit pays, it debits the account and credits the account of "bank deposit".
Article 208 Contributions to the Budget
When obtaining the revenues to be paid to the budget, debit the "bank deposits" and credit the account; when contributing, debit the account and credit the "bank deposits" and other accounts.
Article 209 Payable to the fiscal special account
When receiving the income payable to the fiscal special account, debit the "bank deposits" and other accounts, credit the account; when paid to the fiscal special account, make the opposite accounting entries. The implementation of extrabudgetary fund balance of the regular settlement of extrabudgetary fund balance of the unit, debit the "business income" account, credit account.
Article 210 Taxes Payable
When the unit calculates the taxes payable (except for the value-added tax paid by the general taxpayers) at the end of the month, the unit debits the accounts of "Sales Tax" and "Allocation of Balance" and credits the accounts of "Sales Tax" and "Allocation of Balance"; when the tax is paid, the unit makes the opposite accounting entry. When the tax is paid, this account is debited and credited to "bank deposits".
Article 301 Business Fund
1. At the end of the year, the unit should transfer the unallocated balance of the current period to this account, debit the "balance allocation" account, credit the account (general fund).
2. For projects that have been completed by the balance of appropriated funds, in accordance with the provisions of the unit to be retained for use, transferred to this account, debit the "appropriated funds" account, credit account (general fund).
3. When investing in foreign countries with fixed assets, according to the appraisal price or the value determined by the contract or agreement, should be debited to the "foreign investment" account, credited to the account (investment funds); at the same time, according to the original book value of fixed assets, debited to the "fixed fund" account At the same time, according to the original book value of fixed assets, debit the "Fixed Fund" account, credit the "Fixed Assets" account.
4. Materials, intangible assets, foreign investment, according to the "foreign investment" account of the relevant provisions of the treatment.
Article 302 Fixed Funds
1. When new construction, the purchase of fixed assets, debit the relevant expenditure account, credit "bank deposits" and other accounts, while debiting the "fixed assets" account, credit account.
2. Fixed assets under finance leases, according to the actual rent paid, debit the relevant expenditure account, credit account.
3. Donated fixed assets, debit the "fixed assets" account, credit account.
4. Surplus fixed assets, according to the replacement value of the full debit "fixed assets" account, credit account; deficit fixed assets, according to the original book value debit this account, credit "fixed assets" account.
5. Sale, foreign investment transferred out of fixed assets, debit this account, credit the relevant accounts.
Article 303 Special Funds
1. When withdrawing the medical fund, debit "Business Expenditure - Social Security Fee", "Operating Expenditure - Social Security Fee" and so on. -Social security fees", "operating expenses - social security fees" and other accounts, credited to the "special fund - medical fund" account.
2. When withdrawing funds for repairs and purchases, debit "Business Expenditures - Repair Costs, Equipment Purchase Costs" or "Operating Expenditures - Repair Costs, Equipment Purchase Costs" or "Operating Expenditures - Repair Costs, Equipment Purchase Costs". Repair costs, equipment purchase costs" account, credit "special fund - repair and purchase fund" account; clean up the scrapped fixed assets residual value of the income transferred, debit "bank deposits
3. At the end of the year, when the institutions from the balance of the year in accordance with the prescribed ratio of employee welfare fund, debit the "balance distribution - employee welfare fund" and other subjects, credit the account.
4. When the institution receives the income from the housing fund (excluding the housing fund paid by individuals), debit the "bank deposits" account and credit the "special fund - housing fund The "Specialized Fund - Housing Fund" account is credited to the "Specialized Fund - Housing Fund" account. For individual housing fund contributions, the unit should set up auxiliary accounts to register and account for its payment, use and balance.
5. When using the special fund, debit this account and credit "bank deposits" and other related accounts.
Article 306 Business Balance
At the end of the period, when calculating the balance, should be "financial subsidy income", "superior subsidy income", "subsidiary unit contribution", "business balance", "business balance", "financial subsidy income", "superior subsidy income", "business balance", "business balance", "financial subsidy income", "superior subsidy income", "business balance".
When calculating the balance at the end of the period, the balances of "financial subsidy income", "superior subsidy income", "contribution from subsidiary units", "business income" and "other income" should be transferred to this account, and the "financial subsidy income" should be debited, "Income from subsidies from superiors", "Contributions from affiliated units", "Business income" and "Other income" are transferred to this account and debited to "Income from financial subsidies", "Income from subsidies from superiors", "Contributions from affiliated units", "Business income" and "Other income". Credit the accounts of "appropriations", "operating expenses", "expenses paid to superiors", "sales tax (non-operating)", "contributions to subsidiaries" and "other incomes", and credit the accounts of "other incomes". The balances of "appropriations", "business expenses", "expenses paid to superiors", "sales tax (non-operating business)", "subsidies to affiliated units" and "carry-over of self-financing infrastructure" are transferred to this account, and this account is debited and credited to "appropriations", "Business Expenditure", "Expenditure Surrendered to Supervisors", "Sales Tax", "Subsidies to Subsidiary Units", "Carry-over of self-financing infrastructure" and other subjects.
At the end of the year, the unit shall transfer the full amount of the balance realized in the year to the account of "Balance Distribution", and there is no balance in this account after the transfer.
Article 307 Operating Balance
When calculating the operating balance at the end of the period, the balance of the "Operating Income" account should be transferred to this account, and the "Operating Income" account should be debited and the "Operating Expenses" account should be credited; the "Operating Expenses" account should be transferred to this account, and the "Operating Expenses" account should be credited. "Operating expenses", "sales tax" and other subjects to the balance of this account, debit this account, credit "operating expenses", "sales tax" account. "
At the end of the year, the unit shall transfer the full amount of the realized operating balance to the "balance distribution" account, and there is no balance in this account after the transfer. If there is a loss, it will not be carried forward.
Account No. 308 Allocation of Balance
1. Income tax payable is calculated and debited to this account (Income Tax Payable) and credited to "Taxes Payable".
2. The unit calculates the special fund that should be withdrawn, debit this account (withdrawal of special fund), credit the "special fund" account.
3. At the end of the year, the full amount of the year's business balance and operating balance should be transferred to this account, debit the "business balance", "operating balance" account, credit account.
4. After the distribution, the unit should be unallocated balance of the year, the full amount transferred to the "Business Fund - General Fund" account, debit this account, credit "Business Fund - General Fund" account. -General Fund". After the transfer, there should be no balance in this account.
(D) Revenue
Article 401 Financial Subsidy Income
1. When receiving financial subsidy income, debit the "bank deposits" and other accounts, credit the account; paid back to make the opposite accounting entries. Normally, the credit balance of this account reflects the cumulative amount of financial subsidy income.
2. At the end of the year, the full credit balance of this account will be transferred to the account of "business balance", debiting this account and crediting the account of "business balance".
Article 403 Income from superior subsidies
1. When receiving the income from superior subsidies, debit the account of "bank deposits" and credit the account.
2. At the end of the year, the entire balance of this account is transferred to the "Business Balance" account by debiting this account and crediting the "Business Balance" account.
Article 404 Appropriation of funds
1. Upon receipt of the appropriation, debit the account "Bank Deposit" and credit the account; when the appropriation is returned, make the opposite accounting entry. In normal times, the credit balance of this account reflects the cumulative amount of earmarked funds allocated.
2. At the end of the year when closing the books, the completed project, this account and "earmarked", "earmarked expenditures" account hedging, debit this account, credit "earmarked "
The balance of this account shall be handled in accordance with the regulations of the appropriation unit.
Article 405 Business Income
1. When receiving money or obtaining income, debit "Bank Deposits", "Accounts Receivable" and other accounts, and credit the account; when obtaining income for units belonging to the general taxpayers, deduct VAT from the price actually received. For units belonging to general taxpayers, when they receive income, the actual price received, less the VAT output tax amount, shall be credited to the account, and the VAT payable output tax amount shall be calculated and credited to "Taxes Payable - VAT Payable (Output Tax Amount)". With the approval of the financial department, the extrabudgetary funds to implement the proportion of the fiscal special account method of the unit to obtain income, according to the approved proportion should be credited to the "due to the fiscal special account" and this account.
The units implementing the method of extrabudgetary fund balance to the fiscal special account, usually get the income, the first full amount is reflected through this account, the regular settlement of the balance of funds due to the fiscal special account, and then the part of the funds due to the fiscal special account deducted, debit this account, credit the account of "due to the fiscal special account".
2. At the end of the period, the balance of this account shall be transferred to the account of "Business Balance" by debiting this account and crediting the account of "Business Balance". There shall be no balance in this account after the transfer.
Article 409 Operating Income
1. This account accounts for the income derived from the non-independent business activities of the institution in addition to the professional business activities and auxiliary activities.
2. When obtaining (or recognizing) operating income, debit "bank deposits", "accounts receivable", "bills receivable" and other accounts. For small-scale taxpayers, credit the account according to the actual price received; for general taxpayers, credit the account according to the actual price received less the VAT output tax amount, and credit "Taxes Payable - VAT Payable (Output Tax)" according to the calculated VAT output tax amount payable.
3. The return of goods, regardless of whether they are sold in the current year, should be offset against the operating income of the current period, belonging to the small taxpayers of the institutions debit this account, credit "bank deposits"; belonging to the general taxpayers of the units, according to the price of the tax excluded from the debit of the account, according to the sale of the VAT calculated at the time of sale, debit the amount of output tax, the amount of VAT due to the debit of the account, the amount of output tax calculated at the time of sale, the amount of VAT payable. The general taxpayers, according to the price excluding tax, debit this account, according to the sales tax amount calculated at the time of sale, debit the "tax payable - payable value-added tax (sales tax)" account, credit "bank deposits" account.
Compromises and discounts incurred by the unit for the purpose of obtaining operating income should be offset against the operating income accordingly.
4. At the end of the period, the balance of this account should be transferred to the "operating balance" account, after the carry-over, this account has no balance.
Article 412 Subsidiary Unit Contributions
1. This account accounts for the receipt of subsidiaries in accordance with the provisions of the contribution.
2. When the unit actually receives the money, debit the account of "bank deposits" and credit the account, and make the opposite accounting entry if the contribution is returned.
3. At the end of the year, the full credit balance of this account is transferred to the account of "Business Balance" by debiting this account and crediting the account of "Business Balance". After the transfer, there is no balance in this account.
Article 413 Other Income
1. This account accounts for the income of the institution other than the above income. Such as foreign investment income, fixed assets leasing, donations of unrestricted property from outside organizations, subsidies from other units to the unit and other miscellaneous income.
2. Other income is recognized in the amount actually received by the unit. When the income, debit "bank deposits" and other accounts, credit accounts, income returned to make the opposite accounting entries.
3. At the end of the year, the full credit balance of this account will be transferred to the "business balance" account, debit this account, credit the "business balance" account. There should be no balance in this account after the transfer.
(E) Expenditures
Article 501 Appropriated Funds
1. This account accounts for the budgetary funds appropriated to the subordinate units by the approved budget of the institutions.
2. When an organization allocates funds, it debits this account and credits the account of "bank deposit". Recovery of allocated funds, debit the "bank deposits" account, credit account.
3. At the end of the year, the entire debit balance of this account is transferred to the account of "Business Balance", which is debited to the account of "Business Balance" and credited to the account of "Business Balance". There is no balance in this account after the transfer.
Article 502: Allocated Funds
1. This account accounts for the special funds allocated by the competent department or higher unit to the subordinate unit which need to be separately accounted for.
2. When appropriating special funds, this account is debited and credited to "bank deposits". When recovered, make the opposite accounting entry.
3. When the subordinate unit reimburses the earmarked expenditure, it should be handled differently.
(1) special funds, such as the higher units of the allocation, then debit "allocated to the special funds" account, credit account.
(2) The special appropriations for the subordinate units are set up by the unit with its own funds, and the relevant accounts are debited and credited according to the channel of funds.
Subject No. 503 Special Funds Expenditure
1.This subject accounts for the actual expenditure of special funds allocated by the financial departments, higher units and other units for specified projects or purposes and need to be reported separately.
2. Earmarked expenditures are mainly scientific research project funds, dredging and transformation funds, science and technology, such as the three costs of the designated projects or purposes of expenditure.
3. Institutions according to the designated project or purpose of the expenditure of work, material costs, debit this account, credit "bank deposits", "materials" and other subjects; the completion of the project to the relevant departments separately reported, debit When the completion of the project is separately reported to the relevant departments, debit the account "allocated to the special funds", credit the account.
Article 504 Business Expenditures
1. When incurring business expenditures, debit this account, credit "cash", "bank deposits" and other accounts. When the current year's expenditures are recovered, they are treated as a reduction of business expenditures. The implementation of internal cost accounting institutions to carry forward the results of sales or product costs, according to the actual cost, debit this account, credit "finished goods" account.
2. Business units with operating activities should be correctly delineated between business expenses and operating expenses. For the expenses that can be distinguished, should be reasonably pooled, for can not be distinguished, should be allocated according to certain criteria, shall not be included in the operating expenses of the project shall be included in the business expenditure, and shall not be included in the project shall be included in the business expenditure of the project shall be included in the operating expenditure.
3. At the end of the year, the entire debit balance of this account is transferred to the account of "business balance", debiting the account of "business balance" and crediting the account. There is no balance in this account after closing.
Article 505 Operating Expenditures
1. When operating expenditures are incurred by an organization, this account is debited and credited to "bank deposits" or related accounts.
When an institution that implements internal cost accounting carries forward the results of sold operating services or products, it debits this account according to the actual cost and credits the account of "finished products".
2. At the end of the period, the balance of this account should be transferred to the "operating balance" account, debit the "operating balance", credit the account.
Article 509 Costs and Expenses
1. This account shall be included in the cost of labor (products and commodities) of the institutions that implement internal cost accounting.
2. Costs incurred in the course of business activities or operations, debit this account, credit "materials", "bank deposits" and other related accounts; product acceptance into the warehouse, debit "finished goods When the products are accepted into the warehouse, debit the "finished products" account and credit the account.
Account No. 512 Sales Tax
1. This account accounts for the taxes and surcharges on the provision of labor services or the sale of products by institutions, including business tax, urban maintenance and construction tax, resource tax and education surcharge.
2. At the end of the month, the enterprise in accordance with the provisions of the calculation of sales tax and surcharges, debit this account, credit "Taxes payable", "other accounts payable" account; payment of taxes and surcharges, debit When paying taxes and surcharges, debit "Taxes Payable" and "Other Payables" and credit "Bank Deposits".
3. At the end of the period, the balance of this account should be transferred to the "operating balance" or "business balance" account, debit "operating balance" or "business balance". "Business balance" account, credit account.
Article 516 Expenditures Paid to Supervisors
1. This account accounts for the expenditures paid to the supervisors by the independent accounting units attached to the supervisors in accordance with the stipulated standards or proportions.
2. When contributing, debit this account and credit "bank deposits" and other accounts. At the end of the year, the full debit balance of this account will be transferred to the "business balance" account, debit the "business balance" account, credit account. After the closing of the accounts, there is no balance in this account.
Article 517 Subsidies to Affiliated Units
1. This account accounts for the expenditures of subsidies to affiliated units with non-fiscal budget funds.
2. Subsidies to affiliated units, debit this account, credit "bank deposits" account; subsidies to recover, make the opposite accounting entry.
3. At the end of the year, the debit balance of this account will be transferred to the account of "business balance", debiting the account of "business balance" and crediting the account. There is no balance in this account after the transfer.
Article 520 Carry forward self-financing capital construction
1. This account is approved by the institutions to use funds other than financial subsidies to arrange for self-financing capital construction, the funds raised and transferred to the Construction Bank.
2. Will be self-financed capital construction funds transferred to the construction bank, according to the number of transfers debit this account, credit "bank deposits" account.
3. When closing the accounts at the end of the year, the full debit balance of this account should be transferred to the "business balance" account, debit the "business balance", credit the account. After the transfer, this account has no balance at the end of the year.