Accounting entries for purchasing napkins in catering industry
Borrow: main business cost-consumables
Loan: raw materials-low-value consumables
Debit: Selling expenses-consumables
Loan: raw materials-low-value consumables
The usual number of recipients in field inventory accounting.
Borrow: sales expenses-service supplies
Loan: raw materials
At the end of the month, the balance of the inventory is used to offset the cost.
Borrow: raw materials
Loan: sales expenses-service supplies
Backward entry at the beginning of next month:
Borrow: sales expenses-service supplies
Loan: raw materials
How much is the sales fee?
Sales expenses refer to all kinds of expenses incurred by enterprises in the process of selling materials and providing services, including insurance premium, packaging fee, exhibition fee and advertising fee, expected loss of product quality assurance, commodity maintenance fee, transportation fee and handling fee. As well as the staff salaries, business expenses, depreciation expenses and other operating expenses of the sales organization specially established for selling the goods of the enterprise.
Borrowing direction of sales expenses
Sales expenses belong to the profit and loss account. Debit means increase, and credit means decrease. Enterprises should account for the occurrence and carry-over of sales expenses through the subject of "sales expenses". The debit of this course registers the sales expenses incurred by the enterprise, and the sales expenses at the end of the credit registration are transferred to the "profit of this year" account. After the transfer, there should be no balance in the "Sales Expense" account. "Sales expenses" shall be accounted for in detail according to the expenditure items of sales expenses.
What are low-value consumables?
Low-value consumables refer to labor materials whose single value is below the prescribed limit or whose service life is less than one year, and can be used many times under the condition of basically maintaining its physical form.
Low-value consumables can be used many times in the production process without changing their physical form, and they need to be maintained when used, and there may be residual value when scrapped. Because of their low value and short service life, their value is spread into the product cost by simple methods.