At the end of the month, debit: raw materials (at valuation)
credit: prepayment (at valuation)
When the invoice arrives in the next month: the valuation entry made at the end of the month is eliminated with a red letter,
debit: raw materials (at valuation)
credit: prepayment (at valuation)
At the same time, according to the actual price of the invoice,
borrow: raw materials
credit: prepayment (at valuation)
At the same time, the actual price on the invoice is also eliminated with a red letter.
Borrow: Raw Materials
Tax Payable - VAT Payable (Incoming)
Credit: Bank Deposits
Question 2:
Upon receipt of the goods,
Borrow: Raw Materials
Tax Payable - VAT Payable (Incoming)
Credit: Accounts Payable - **
When paying for the goods,
Borrow: Accounts Payable - **
Credit: Bank Deposit
Question 3:
The invoice arrives,
When the goods arrive:
Borrow: Raw Materials
Taxes Payable - VAT Payable (In)
Credit: Prepayment
Bank Deposit (When the prepayment is insufficient to cover the payment, make up for the payment with the bank deposit)
Question 5:
No account is taken of the prepayment. p>
No accounting treatment.
Question 6:
At the end of the month,
Borrow: Raw Materials (at valuation)
Credit: Accounts Payable (at valuation)
When the invoice arrives in the next month:
Eliminate the valuation entry made at the end of the month with a red letter,
Borrow: Raw Materials (at valuation)
Credit: Accounts Payable (at valuation)
At the same time, make a new entry at the end of the month.
At the same time, according to the actual price on the invoice,
Debit: Raw Materials
Taxes Payable - VAT Payable (In)
Credit: Bank Deposits