If a factory or dealer buys gold for the production of new products and external sales, the VAT invoice can be deducted, not for external sales, but for personal consumption, instead of.
Enterprises belonging to general taxpayers are real enterprises, and special tickets can be deducted.
Accounting treatment of gold purchased by units
Physical gold should be a commodity, and it is included in the "inventory goods" when purchasing.
1. At the time of purchase:
Borrow: inventory goods-gold
Loans: bank deposits
2. When selling:
Debit: bank deposit
Loan: income from main business
3. Carry-forward costs at the same time:
Debit: main business cost
Credit: Inventory goods-gold
4. If it is held for a short time, it shall be included in trading financial assets or available-for-sale financial assets:
Borrow: transactional financial assets
Loan: other monetary funds-spot electronic trading of precious metals
The new accounting standards for business enterprises require the following accounting treatment for inventories:
1. This account is used to calculate the actual cost (or purchase price) or planned cost (or selling price) of various commodities in enterprise inventory, including finished products in inventory, purchased commodities, commodities stored in sales department for sale, displayed commodities and commodities stored outside.
Substitute products manufactured with imported materials and those processed and repaired for other units shall be regarded as finished products of the enterprise after the acceptance of manufacturing and repair, and also passed the accounting of this subject.
Products developed by enterprises (real estate development) can be changed to "1405 product development". Agricultural products harvested by enterprises (agriculture) can be changed to "1405 agricultural products".
2. This course can carry out detailed accounting according to the types, varieties and specifications of goods in stock.
China Construction Bank, formerly known as People's Construction Bank of China, was established in June 1954+ 10/(later renamed as China Construction Bank on March 26th, 1 996)? . The head office is located at No.25, Financial Street, Beijing. It is a large state-owned bank managed by the central government. National deputy ministerial level units. ? The main business areas of China Construction Bank include corporate banking, personal banking and treasury business, with branches and subsidiaries in 29 countries and regions, and subsidiaries in many industries such as funds, leasing, trust, life insurance, property insurance, investment banking, futures and pension.
China Construction Bank has a broad customer base, maintains banking contacts with many large enterprise groups and leading enterprises in China's economic and strategic industries, and its marketing network covers major regions of the country. ? 20 16 On June 30th, the British Banker magazine published the ranking of 1000 big banks in the world, and China Construction Bank ranked second. On February 20 17, brand finance released the list of the top 500 global brands in 20 17, and China Construction Bank ranked 14. ? In 20 18, Fortune Global 500 ranked 3 1.