Under the new accounting standards, will? Benefits payable? If the subject is cancelled, the welfare fee will be drawn at 14% of the total salary.
Taking the management department as an example, welfare expenses 1000 yuan occurred in that month and were paid in cash. The accounting entries are as follows:
1, the treatment of welfare expenses under the reimbursement method.
Debit: management fee-welfare fee 1000.
Credit: cash 1000
2. The way wages are used for welfare expenses.
Debit: Payroll payable to employees-welfare payable 1000.
Credit: cash 1000
Debit: management fee-welfare fee 1000.
Loan: salary payable to employees-welfare payable 1000.
3. Welfare expenses in the form of wages.
Debit: management fee-welfare fee 1000.
Loan: salary payable to employees-welfare payable 1000.
Debit: Payroll payable to employees-welfare payable 1000.
Credit: cash 1000