Urgently need help!!! The previous production products are unqualified, now out of storage for processing, recycling materials and then use how to do the accounts!

First asked you before the product scrapped without, you have not done property inventory loss, if there is a good to do for example: the inventory surplus situation, before identifying the cause, should be recorded: debit: cash on hand credit: pending property loss and profit to find out the cause of the charge back, it should be recorded: debit: pending property loss and profit credit: other accounts payable or non-operating income inventory loss situation, just the opposite, to find out the cause of the situation before, it should be recorded: debit: pending Before identifying the cause, it should be recorded: Debit: Pending Property Profit and Loss Credit: Cash on Hand After identifying the cause, it should be written back and recorded: Debit: Administrative Expenses (General Operating Losses, Losses within the quota) Non-operating Expenses (Remaining Net Losses, Extraordinary Losses) Raw Materials or Other Receivables (Residual Value, Compensation for Recoveries) Credit: Property Loss and Losses Pending Disposal The accounting for fixed asset losses is through the account of "Property Loss and Losses Pending Disposal". For fixed assets, inventory losses are accounted for through the account "Profit or loss on properties to be disposed of". Inventory surplus through the "prior years' profit and loss adjustment" accounting Example: A company on August 30, 2009, all of the fixed assets of the enterprise inventory, inventory of a 5 into new machinery and equipment, the equipment of similar products market price of 120,000 yuan, the corporate income tax rate of 25%. Then the relevant accounting treatment of the enterprise is as follows: a. Borrow: fixed assets 120,000 Credit: Accumulated depreciation 60,000 Adjustment of prior years' profit and loss 60,000 b. Borrow: Adjustment of prior years' profit and loss 15,000 Credit: Taxes payable - income tax payable 15,000 c. Borrow: Adjustment of prior years' profit and loss 4500 Credit: Surplus reserves - legal surplus reserves 4500 [(60000-15000)*10%] d. Borrow: Adjustment of prior years' profit and loss 40500 Credit: Profit distribution - undistributed profit 40500 (60000-15000 -4500 = 40500)