Debit: accounts payable
Credit: notes payable
Entries for repayment of previously owed payment by bank draft:
Debit: accounts payable
Loan: other monetary funds-bank draft
Extended data:
In order to reflect and supervise the occurrence and repayment of accounts payable in enterprises, accounts payable should be set up. The lender of this course registers the amount that the enterprise should pay for purchasing materials, materials and accepting labor services but has not paid.
Accounts payable registered by the borrower for repayment and accounts payable paid by commercial bills; The ending credit balance represents unpaid accounts payable. The subject should be classified and accounted according to the subsidiary ledger set by the supplier.
The materials and commodities purchased by the company are put into storage after acceptance, but the payment has not been paid, according to the relevant documents (invoice bill, actual price recorded on the attached goods invoice or tentative estimate).
Debit "raw materials", "goods in stock", "taxes payable-value-added tax payable (input tax)" and credit "accounts payable". The amount that the enterprise should pay when accepting the services provided by the supplier, but has not yet paid.
According to the invoice bill of the supplier, debit the related cost and expense accounts such as "manufacturing expenses" and "management expenses" and credit the "accounts payable" account; When the enterprise pays the accounts payable, it debits the accounts payable and credits it to the bank deposit account.
When an enterprise issues and accepts a commercial bill to offset the payment, it debits the accounts payable and credits the accounts payable. When the accounts payable of an enterprise are really unable to pay due to changes in the other unit.
After the report is approved by the relevant departments, it can be used as additional income other than the business of the enterprise, debiting "accounts payable" and crediting "non-operating income" subjects.
Baidu encyclopedia-accounts payable