Borrow: production cost/manufacturing cost/management cost, etc.

Loan: wages payable to employees.

Debit: payable to employees.

Loans: bank deposits

Payables for employees who eat in the canteen:

Debit: payable to employees.

Credit: accounts payable -XX canteen

When making money for the canteen:

Debit: accounts payable -XX canteen

Loans: bank deposits

Extended data:

First, the accounting of employees' salaries payable

An enterprise shall calculate the extraction, settlement and use of the payable employee salaries through the subject of "payable employee salaries". In this course, the credit registers the amount of the allocated employee compensation included in the relevant cost items, and the debit registers the amount of the actually paid employee compensation, including the deducted amount.

The credit balance at the end of this course reflects the unpaid salary payable by the enterprise. "Payable to employees" should be based on wages, employee welfare, social insurance, housing provident fund, trade union funds, employee education funds and non-monetary welfare funds and other items to set up detailed accounts.

Second, the turnover period of accounts payable

The cash turnover process mainly includes inventory turnover period, accounts receivable turnover period and accounts payable turnover period, in which inventory turnover period refers to the time required to convert raw materials into finished products and sell them.

The turnover period of accounts receivable refers to the time required for accounts receivable to be converted into cash; The turnover period of accounts payable refers to the time between the receipt of unpaid materials and cash expenditure.

Baidu Encyclopedia-Payable Employee Compensation

Baidu encyclopedia-accounts payable