dishes donated by catering can usually be treated as sales, and included in the accounting of "sales expenses" and other accounting subjects. What should be done about the relevant accounting treatment?

accounting entries for food and beverage gifts

debit: sales expenses

credit: bank deposits

what is sales expenses?

sales expenses are expenses related to the activities of selling goods by enterprises, but they do not include the cost of selling goods and labor costs, which belong to the main business costs. Enterprises should account for the occurrence and carry-over of sales expenses through the subject of "sales expenses". The debit of this account registers the sales expenses incurred by the enterprise, and the sales expenses transferred to the "profit of this year" account at the end of the credit registration period. After the transfer, the "sales expenses" account should have no balance. "Sales expenses" should be accounted for in detail according to the expense items of sales expenses.

what is a bank deposit?

Bank deposit is the money stored in the bank, which is an integral part of monetary funds. According to the provisions of China's cash management system, every enterprise must open a deposit account with the People's Bank of China or a specialized bank to handle deposit, withdrawal and transfer settlement. Except for a small amount of cash within the prescribed limit, the monetary funds of the enterprise must be deposited in the bank. The bank deposits of the enterprise mainly include: settlement account deposits, letter of credit deposits, foreign deposits and so on. The cashier is responsible for the receipt and payment of bank deposits. For each bank deposit income and expenditure business, accounting vouchers must be prepared according to the audited original vouchers.

in accounting, bank deposits belong to the category of assets. The final balance is on the debit side. In accounting entries, debit indicates increase. The lender indicated a decrease.