1. When small-scale taxpayers in catering industry generate income and are exempt from VAT during the epidemic:

Borrow: bank deposit

Loan: main business income

Taxes payable-VAT payable (tax exemption)

2. When small-scale taxpayers carry forward the reduced VAT:

Borrow: Taxes payable-VAT payable (tax exemption)

. When the profit is carried forward at the end of the period:

Borrow: other income (or non-operating income account)

Loan: this year's profit

When small-scale taxpayers in the catering industry are exempt from VAT during the epidemic, they can handle it through the accounts of "taxes payable" and "other income". Among them, the subject of "taxes payable" is used to calculate various taxes and fees payable by enterprises in accordance with the provisions of the tax law; "Other income" is used to account for government subsidies related to daily activities and other items related to daily activities and should be directly recorded in this account.