How to enter the property fee for one year in advance?

How to enter the property fee for one year in advance? The method is as follows:

Accounting entries for prepayment of one-year property fee:

Debit: advance payment

Loans: bank deposits

Prepaid account: refers to the money paid by the enterprise to the supplier in monetary funds or monetary equivalents in advance according to the agreement in the purchase contract, such as prepayment of goods, prepayment of project funds and prepayment of reserve funds.

Prepayment is a current asset, which does not need to be compensated by money, but by a commodity or a service provided by an enterprise in a short time. Belonging to the asset category, the borrower registers the prepayment paid by the enterprise to the supplier, and the lender registers the prepayment of the purchased goods received by the enterprise. At the end of the period, the debit balance reflects the prepaid payment that the enterprise has paid to the supplier but has not yet delivered.

If the property fee is paid once a year, it needs to be amortized monthly. Property fee collection standards are divided into four standards: Grade I, Grade II, Grade III and Grade IV. However, the collection standards vary slightly from place to place, and the specific property fee collection standards should be announced according to the local price bureau.

Example:

The accounting entries of 1. advance receipt 1-60000 yuan are:

Debit: 60,000 yuan from the bank.

Credit: 60,000 yuan in advance.

2. 1-6 monthly income confirmation or semi-annual income confirmation:

Debit: accounts received in advance (once a month 10000 yuan, once a half year, 60000 yuan)

Loan: income from main business

Taxes payable-VAT payable-output tax

In March and July, the advance payment was 6,543,800 yuan+0.2 million yuan. If revenue is recognized in the current month:

Debit: bank deposit 12000

Loan: income from main business

Taxes payable-VAT payable-output tax