Debit: bank deposit,

Loan: special payable.

Projects using special funds or special funds:

Borrow: construction in progress,

Loans: bank deposits,

Wages payable to employees.

2. Long-term assets formed after the completion of the project:

Debit: special payables,

Loan: capital reserve-capital premium.

The part that does not form long-term assets and needs to be written off:

Debit: special payables,

Loan: Construction in progress.

The balance of appropriation needs to be returned:

Debit: special payables,

Loan: bank deposit.

What is a special fund?

Special funds refer to the funds allocated by the state or relevant departments and higher authorities for special purposes or administrative institutions. This kind of funds need to be accounted for separately and earmarked, and cannot be used for other purposes. It needs to be settled separately. In the current system and regulations, the names of special funds are different, such as special expenditures, project expenditures and special funds. And the specific content is different. But on the whole, its meaning is basically the same.

Special funds have three characteristics: first, they come from finance or higher-level units; Second, it is used for specific matters; Third, separate accounting is needed. Special funds are divided into special funds, special funds and special loans according to their sources.