Borrow: Taxes payable-VAT unpaid
Loan: Taxes payable-VAT payable (VAT payable after transfer)
At the end of the month, the "tax payable-value-added tax payable" is settled, and the balance is in the credit, indicating that it is value-added tax payable. The unpaid tax before closing is transferred to the credit of "Unpaid VAT":
Debit: Taxes payable-VAT payable (VAT transfer out)
Loan: Taxes payable-VAT unpaid
After the account is closed, the credit of "tax payable-value-added tax payable" has no balance, and the debit balance is retained for tax; The debit balance of "Taxable-Unpaid VAT" is overpaid VAT, and the credit balance is unpaid VAT. VAT shall be declared and paid at the beginning of the following month 10 days:
Borrow: Taxes payable-VAT unpaid
Loans: bank deposits