How to make financial entries and establish accounts for special maintenance funds of property management? And how to fill out the balance sheet and so on Please help.

1. The special maintenance fund of the property management company belongs to the owner, which is specially used for the maintenance, renewal and transformation of * * * parts and * * * facilities of the property after the expiration of the property warranty period, and shall not be used for other purposes. Accounting entries:

(1) Borrow when receiving special maintenance funds: cash and other loans: special payables-escrow funds.

(2) When used for special maintenance expenses

Debit: special accounts payable-escrow fund

Loans: bank deposits, etc.

2. Preparation of balance sheet

The balance sheet is filled out according to the month-end balance analysis of the general ledger account.