Borrow: taxes and fees-water conservancy fund
Loan: taxes payable-water conservancy fund payable
2. When the enterprise prepays the water conservancy fund, the accounting entries are:
Borrow: taxes payable-water conservancy fund payable
Loans: bank deposits
3. When the profit of this year is carried forward at the end of the period, the accounting entries are:
Debit: this year's profit
Loan: taxes and fees-water conservancy fund
Water conservancy funds received in advance by enterprises should be accrued through the subject of "taxes and surcharges-water conservancy funds", then accounted for through the subject of "taxes payable-water conservancy funds payable", and carried forward through the subject of "profits this year" at the end of the period.