How to make accounts for the normal loss of raw materials?
If it was within the normal range of the warehouse: 1. [General situation: There is no need for accounting entries. You only need to increase the unit price of raw materials in the warehouse.] For example, there were 1000 kilograms of material A, the cost of storage was 1000 yuan, and the production workshop received 100 kilograms. At the end of the month, there were 10 kilograms of raw materials that could not be used. At this time, there was no need to make an entry. The unit price of 900 yuan (the cost of the materials received was 100) corresponding to the existing available raw materials of 890 kg (1000 - 100 - 10) was re-calculated, i.e. 900/890 = 1.01. The subsequent materials received were calculated according to the new unit price. 2. [Exceptional circumstances: The materials used to produce a certain product, and more than 50% of the raw materials have been collected. The production cost needs to be traced back to the normal consumption of raw materials.] For example, 1000 kilograms of material A was purchased for the production of product A. The warehouse cost price was 1000 yuan, and the production workshop received 600 kilograms. At the end of the month, 200 kilograms of materials were found to be unusable and were considered normal losses. At this time, more than 50% of the materials had been collected, and the production cost of product A needed to be traced back. First, calculate the unit price = 1000/(1000 - 200)= 1.25 (Yuan), calculate the traceable cost =(1.25 - 1) ×600 = 150 (Yuan), and the accounting entries are: borrow: production cost-product A 150 Yuan; loan: raw material 150 Yuan, material A in inventory will be received at the unit price of 1.25 Yuan. If it was normal wear and tear in the workshop, the normal wear and tear of the production workshop and raw materials would be directly included in the production cost without separate accounting entries. The accounting entries would be: borrow: production cost/manufacturing expenses; loan: raw materials. In this case, the normal loss in the workshop was only a reduction in quantity, but the total price remained unchanged. In addition, if it is indeed a normal loss after finding out the reason (it is not clear whether it is in the warehouse or the workshop), the accounting entry is: borrow: loss and overflow of property to be disposed-loss and overflow of current assets to be disposed; loan: tax payable-value added tax payable-value added tax (input tax transferred out). The novel "Ledge" is equally exciting. Everyone is welcome to click and read it!
How to make accounts for the storage of raw materials
1. Under the actual cost method: - When purchasing materials and receiving the goods into the warehouse, they should deduct "raw materials/revolving materials-(corresponding detailed account)","taxes payable-vat payable-input tax", and credit "bank deposits/notes payable-accounts payable-prepayments-(corresponding detailed account)". For example, if an enterprise purchased raw materials with bank deposits and put them in storage, the cost of raw materials would be credited to the "raw materials" side according to the amount of the bill and the relevant taxes. The deductible value-added tax would be credited to the "taxes payable-value-added tax payable-input tax" side, and the payment would be credited to the "bank deposits" side. - The initial cost of raw materials, including the purchase price of raw materials (For small-scale tax-holders, the value-added tax is included. For general tax-holders, the deductible part of the value-added tax for agricultural products purchased shall be deducted from the price of raw materials.)(The deductible value-added tax is not included), the picking fee before storage, the loading and unloading fee, the reasonable loss before storage (the accountant does not need to make entries, but the quality before and after the loss needs to be registered), the packaging fee, insurance fee, storage fee (the amount incurred after storage cannot be included), and taxes other than the deductible value-added tax and consumption tax. 2. Under the planned cost method: - Regardless of whether the purchased materials were accepted and stored in the warehouse, they had to be accounted for through the "Material Purchasing" account to reflect the actual cost of the materials purchased by the enterprise. When the payment for goods has been made and the materials have been accepted and put into the warehouse, the accounting entries for the purchased materials must be prepared, and the material cost difference must be carried forward at the same time.(If the actual cost is less than the planned cost, it will be credited to the "material cost difference" account. Otherwise, it will be debited to the "material cost difference" account.) For example, if the actual cost of materials is 3000000 yuan, the planned cost is 3200000 yuan, and the actual cost is less than the planned cost by 200000 yuan (to save the difference), this difference should be reflected in the accounting entries. The novel "Ledge" is equally exciting. Everyone is welcome to click and read it!
How to make accounts for the normal loss of goods in stock
The accounts for the normal loss of goods in stock are as follows: First, he would handle the accounts. Borrowing: profit and loss of assets to be dealt with, lending: goods in stock. After approval, borrowing: non-operating expenses and management fees, lending: profit and loss of assets to be dealt with. For normal wear and tear, the input tax of the value-added tax did not need to be transferred out. However, due to the problem of not transferring out the input tax, the approval process had to be strict and perfect. The internal information had to be kept for inspection. In addition, if the normal loss of inventory goods was included in the cost of the carry-over goods, the accounting treatment was to borrow: main business cost, loan: inventory goods. The novel "Ledge" is equally exciting. Everyone is welcome to click and read it!
What accounts are included in the normal losses?
Normal losses are recorded in different accounts according to different situations: 1. The normal loss of goods in stock was included in the "cost of goods entering the warehouse". 2. Normal loss of inventory. Debit-inventory account.(Inventory);Credit: expense account After the approval, the general losses and deductions caused by normal wear and tear and poor management should be included in the administrative expenses, that is, borrowing: administrative expenses, lending: profit and loss of the property to be disposed of. If there is normal wear and tear in the process of selling the inventory, when the approved price is lower than the cost at the time of acquisition, normal wear and tear will occur. An accounting entry should be made and the inventory value should be transferred to the expense account. 3. For normal loss of raw materials, before approval: borrow: loss and overflow of property to be disposed of, loan: raw materials, taxes payable-vat payable-input tax transferred out; after approval: if it is normal loss and deduction caused by poor management, it shall be included in the management fee, namely borrow: management fee, loan: loss and overflow of property to be disposed of. The novel "Ledge" is equally exciting. Everyone is welcome to click and read it!
Natural jadeite raw materials
The leftover material of the natural jade raw material referred to the corner of the raw raw jade that had not been processed. Its price was affected by its material, size, shape, and other factors. If an investor wanted to buy, they needed to have a certain amount of professional knowledge and appreciation ability to ensure that they could buy raw materials with potential. These raw materials usually needed to be cut, polished, carved, and other processes to become finished products. Some of the better quality leftover materials could be traded as raw materials, or made into various craft gifts, such as pen holders, ashtrays, etc. They could also be made into various ornaments, decorations, and small items, such as earrings, pendants, bracelets, jade pendants, jade seals, jade weights, etc. They could also be used to make ornaments embedded in other materials, such as the ring surface of diamond rings. The novel "Ledge" is equally exciting. Everyone is welcome to click and read it!
Purchasing raw materials accounting
The accounting treatment of purchased raw materials was divided into two situations: accounting according to actual cost and accounting according to planned cost. ** I. Calculating based on actual cost ** 1. ** The payment has been made, and the materials have been checked and stored in the warehouse ** - Borrow: raw materials Taxes Payable--Value Added Taxes (input tax) Credits: Bank deposits, etc. 2. ** The payment has been made, but the materials have not yet arrived or have not been accepted and stored in the warehouse ** - Borrow: Materials in transit Taxes Payable--Value Added Taxes (input tax) Credits: Bank deposits, etc. - After the materials arrive, they will be checked and stored in the warehouse: - Borrow: raw materials Credits: Materials in transit 3. ** The payment for goods has not been paid yet, and the bill has not been received yet, but the materials have been checked and stored in the warehouse ** - At the end of the period, make the following entries based on the estimated value of the materials: - Borrow: raw materials Credits: accounts payable-estimated accounts payables - At the beginning of the next period, reverse accounting entries were made to offset: - Borrowing: accounts payable-estimated accounts payables Credits: raw materials - After actual payment or issuing or accepting commercial bills: - Borrow: raw materials Taxes and fees---Value added tax (input tax) Credits: Bank deposits/notes payables, etc. ** 2. Calculating the cost according to the plan ** 1. ** When purchasing raw materials ** - Borrowing: Material Purchasing Taxes Payable-Value Added Taxes Payable (input tax) Credits: Bank deposits/accounts payables 2. ** When raw materials are stored ** - Borrow: raw materials Credits: Material purchases Material cost difference (loanable) The novel "Ledge" is equally exciting. Everyone is welcome to click and read it!
Formula of raw materials for color powder
The formula of the raw materials of the color bleacher powder includes a Peroxide-Peroxide-Peroxide- Different colored powder products might have different formulas.
Entry for the transfer of raw materials into inventory
1. When raw materials are put into production: - B: Production cost-direct production cost Credits: raw materials 2. When calculating the completion cost and converting the production cost to inventory goods: - Borrow: Items in stock Credits: Production costs-direct production costs The novel "Ledge" is equally exciting. Everyone is welcome to click and read it!
What are the raw materials for making glass?
The main raw materials for making glass were tribution, white sand, limestone, non-colored metals, etc. Glass was also made of artificial crystal containing 24% lead dioxide. In addition, the materials used to make colored glaze in ancient China were obtained from the by-products produced during bronze casting. "Glazed Flame" is equally exciting. Everyone is welcome to click and read it!
How to make entries for the normal loss of coal
The normal loss of coal should be included in the business cost. For example, if the company actually sold A tons of goods and the reasonable loss was B tons, the cost of inventory goods should be carried forward according to (A + B) tons. The entries were: borrow: main business cost; loan: inventory goods. In addition, the number and proportion of normal losses can be indicated in the attachment. The novel "Ledge" is equally exciting. Everyone is welcome to click and read it!
Jadeite raw stone leftover materials pendant
The leftover bits and pieces of raw jade could be used to make pendants. Because the scraps were mostly small pieces of jade produced during the jade processing process, the shape was irregular, and it was often impossible to make a complete jade jewelry. Pendants made from leftover materials were no different from raw stone products in terms of aesthetics. They could both be used as decorations. However, because the scraps themselves were mostly saw-cut waste or leftover pieces, the shape was incomplete, and additional processing was needed to make the pendant, so the price was lower than that of the original stone products. Most of them were between a few hundred yuan and a few thousand yuan. If complicated craftsmanship and design were used, the price might increase. When choosing jade raw stone scraps pendants, you should choose products from reliable merchants. These pendants should be professionally processed and appraised. At the same time, the pendant should be kept clean when wearing and maintaining it to avoid friction with hard objects to maintain its beauty and service life. The novel "Ledge" is equally exciting. Everyone is welcome to click and read it!