What should I do if I receive the accounting entries for electricity charges?

In the process of enterprise operation and development, when the electricity fee is received, it can be included in the manufacturing cost-electricity fee account. How to make relevant accounting entries?

Accounting entry for receipt of electricity invoice

After receiving the electricity bill at the end of the month, make the following accounting entries:

Borrow: manufacturing cost-electricity (electricity)

Sales expenses-electricity charges

Management fee-electricity fee

Taxes payable-VAT payable (input tax)

Loans: bank deposits

Accounting entries of water and electricity fee income

Debit: Other payables-* * * (name of the company that pays utilities) (or accounts received in advance)

Loan: other business income (or main business income)

Accounting entry of property company collecting water and electricity charges

At the time of collection:

Debit: bank deposit

Loan: other payables-name of power supply bureau or water supply company

When paying:

Borrow: other payables-name of power supply bureau or water supply company

Loans: bank deposits

Other payables refer to the payables and temporary receipts incurred by the enterprise outside the commodity trading business, including the fixed assets rent and packaging rent payable under operating lease; Wages that employees fail to receive on time; Deposits received (such as income package deposits, etc.) ) and so on.