Construction in progress refers to the construction in progress that primary and secondary schools have incurred necessary expenses but have not yet reached the state of delivery, including all kinds of buildings (including new construction, reconstruction, expansion and repair, etc.). ) and equipment installation projects.

Accounting method of project funds

Settle the bill according to the project price. When the construction enterprise settles the project price, it shall debit the project under construction according to the actual paid project price and credit the "non-current assets fund-project under construction" subject; At the same time, debit "business expenditure" and other subjects, and credit "bank deposit", "zero balance account amount", "public budget allocation" and "government fund budget allocation" and other subjects.