Borrow: Fixed Assets 80,000
Credit: Paid-in Capital 75,000
Capital surplus 5,000
Accounting entries are different from the vouchers, vouchers require a complete set of elements, and there are strict procedures for the review and preparation of the accounting entries are just to show that vouchers should be debit and credit Accounts and amounts, is the most simplified form of the voucher. Accounting entries are usually only for the convenience of explanation and appear in books, accounting practice is rarely accounting entries.
Accounting entries
Accounting entries are also known as "bookkeeping formulas". Abbreviation "entry". It is based on the requirements of the principle of double-entry bookkeeping, each economic operation listed on both sides of the corresponding account and its amount of a record. Before registering the account, through the voucher preparation of accounting entries, can clearly reflect the categorization of economic operations, is conducive to ensuring the correctness of the account records and facilitate the examination afterwards. Each accounting entry mainly consists of a bookkeeping symbol, the name of the account concerned, a summary and the amount. Accounting entries are divided into two kinds of simple and compound entries. Simple entries are also known as "single entries". It refers to the debit side of an account and the credit side of another account corresponding to the accounting entries. Compound entry also known as "multiple entries". It refers to the debit side of an account with several accounts credit, or a credit side of an account with several accounts debit corresponding accounting entries.
Based on the number of accounts involved in an accounting entry, it can be categorized into simple and compound entries.
Simple entries are those involving only two accounts, i.e., one debit and one credit;
Compound entries are those involving more than two accounts
Layers of analysis refers to a problem-solving method that divides the process of things into several stages and levels and analyzes them layer by layer to arrive at a final result. The use of hierarchical analysis method for preparing accounting entries teaching intuitive, clear, can achieve the desired teaching results.