To collect accounts receivable, the accounting entry is:
Borrow: bank deposit?
Credit: Accounts Receivable
This account accounts for the amounts receivable by an enterprise for sales of goods, provision of labor and other business activities. In order to reflect the increase or decrease of accounts receivable and its balance, the enterprise should set up the "accounts receivable" account, do not set up a separate "accounts receivable" account for enterprises, the accounts receivable in advance are also in the "accounts receivable" account. Accounts receivable" account.
Expanded:
I. This account accounts for the amount of money receivable by an enterprise for the sale of goods, provision of labor services and other business activities.
Enterprises (insurance) in accordance with the original insurance contract is scheduled to be collected from the policyholder's premiums, this account can be set up as 1122 Premiums receivable account, and according to the policyholder for detailed accounting.
Fees and commissions receivable by an enterprise (finance) may be changed to 1124 Fees and Commissions Receivable and accounted for on a debtor-by-debtor basis.
Excluding receivables arising from various non-operating activities. For the sale of goods, the provision of services, etc., the use of deferred collection of the contract or attraction of the price, in essence, with the nature of financing, in the "long-term receivables" account.
2, this account can be detailed accounting by debtor.
Third, the enterprise accounts receivable, according to the amount receivable, debit this account, according to the recognition of operating income, credit "main business income", "fees and commissions income", "premium income "The following accounts are credited according to the operating income recognized. When the accounts receivable are collected, the accounts receivable are debited to "bank deposits" and credited to the accounts receivable. If VAT sales tax is involved, the corresponding treatment should also be carried out.
Packaging costs, transportation and miscellaneous expenses on behalf of the purchaser, debit this account, credit "bank deposits" and other subjects. Recovery of the cost of advances to do the opposite entry.
Four, the enterprise and the debtor debt restructuring, should be divided into debt restructuring of different ways to deal with.
1, received from the debtor to settle the debt is less than the book value of the accounts receivable, should be based on the actual amount received, debit "bank deposits" and other subjects, according to the restructuring of the creditor has made provision for bad debts.
The amount received from the debtor to settle the debt is greater than the book value of the receivable, the actual amount received should be debited to the "bank deposits" and other accounts, according to the restructuring of the creditor's provision for bad debts.
The following debt restructuring involves provision for impairment of restructured claims, should be treated accordingly.
2. Accepting non-cash assets used by the debtor to settle debts, the fair value of the non-cash assets should be debited "raw materials", "inventory", "fixed assets", "intangible assets", "fixed assets", "fixed assets", "intangible assets", "fixed assets", "fixed assets", "intangible assets", "intangible assets" and so on. "" intangible assets "and other subjects, according to the bad debt has been provided for by borrowing "bad debt provision". Involving value-added tax, should also be handled accordingly.
3, will be converted to investment in debt, should be based on the fair value of the corresponding shares, debit "long-term equity investment" account, according to the restructuring of the book balance of the debt, credit account, according to the relevant taxes and other costs to be paid, credit "bank deposit " "Taxes payable" and other accounts, according to the difference, debit "non-operating expenses".
4, to modify the terms of other debts for settlement, should modify the terms of other debts after the fair value of the claim.
Baidu Encyclopedia-Accounts Receivable