1. If the sold goods whose income has been confirmed by the enterprise are returned, they shall be transferred back to the current income; If the goods sold on or before the annual balance sheet date are returned between the balance sheet date and the approval date of the financial accounting report, it shall be used as an adjustment after the balance sheet date to adjust the figures of income, expenses, assets, liabilities, owners' equity and other items in the accounting statements prepared on the balance sheet date.

2. If an enterprise adjusts the profit and loss of the previous year and involves the current monetary fund, it should not directly adjust the current monetary fund, but should adjust the accounts receivable and payable of the previous year and then adjust the current monetary fund items.

For example, the goods sold by the enterprise last year returned 500,000 yuan, and the corresponding tax-included amount immediately returned 585,000 yuan, and the cost of returning the goods was 300,000 yuan. Carry out different accounting treatment according to the sales return time.

1. If the sales return occurs after the approval date of the financial accounting report, it should be directly transferred back to the current income according to the regulations.

Borrow: the main business income is 500,000 yuan.

Borrow: Taxes payable-VAT payable (output tax) 85,000 yuan.

Loan: 585,000 yuan in bank deposit.

Borrow: 300,000 yuan of goods in stock.

Loan: The main business cost is 300,000 yuan.

2. If the sales return occurs between the balance sheet date and the approval date of the financial accounting report, it shall be accounted as a matter after the balance sheet date, and the financial statements of the previous year shall be adjusted through the subject of "adjustment of profit and loss of previous years".

Debit: Last year's profit and loss was adjusted by 500,000 yuan.

Borrow: Taxes payable-VAT payable (output tax) 85,000 yuan.

Loan: Accounts receivable: 585,000 yuan.

Borrow: 300,000 yuan of goods in stock.

Loan: the profit and loss of the previous year was adjusted by 300,000 yuan.

Borrow: profit distribution-undistributed profit of 200,000 yuan.

Loan: the profit and loss of the previous year was adjusted by 200,000 yuan.

Involving the extraction of statutory surplus reserve and statutory public welfare fund, it is necessary to adjust the extraction of statutory surplus reserve and statutory public welfare fund. It is omitted here.

For the above accounting treatment, the financial statements of previous years should be adjusted, and the opening numbers of related items in the balance sheet and undistributed profits in the profit distribution table of this year should be adjusted.

Debit: accounts receivable of 585,000 yuan.

Loan: 585,000 yuan in bank deposit.

This entry does not adjust the financial statements of previous years, and is treated as the business that occurred this year.