Loan: income from main business

Taxes payable-VAT payable (output tax)

Remarks: main business income = tax included/1. 13, and output tax = tax included/1. 13%.

Extended data:

Ordinary invoices and VAT invoices are VAT invoices, and ordinary invoices are VAT ordinary invoices and VAT special invoices. The difference is that ordinary VAT invoices can't deduct tax, while special VAT invoices can deduct input tax.

Why invoices can be tax deductible is based on China's tax policy of non-repeated taxation and taxation in circulation. Value-added tax is a turnover tax, which is levied in every link of circulation, so there will be a tax on goods in the last link, so it will be deducted according to the policy.