How to deal with the tax payable in the final settlement of Anning industrial and commercial registration?

A: Article 11 of the Accounting Standards for Enterprises No.28-Changes in Accounting Policies and Accounting Estimates and Error Correction stipulates that previous errors refer to the omission or misstatement of previous financial statements due to the lack or misuse of the following two types of information.

(a) Reliable information that can be expected and taken into account when preparing previous financial statements.

(2) Reliable information that can be obtained when the previous financial report is approved.

Early mistakes usually include calculation errors, accounting policy application errors, negligence or misinterpretation of facts, the influence of fraud, inventory and fixed assets inventory surplus, etc.

Article 12 stipulates that an enterprise shall adopt retrospective restatement to correct important previous errors, except that the cumulative impact of previous errors cannot be determined.

Retrospective restatement refers to the method of correcting related items in financial statements, as if previous errors had never happened when they were discovered.

According to the above provisions, the adjustment of income tax expenses in this year belongs to the correction of financial statement information in this year, and should be carried forward to the profit distribution-undistributed profit account through the subject of "profit and loss adjustment in previous years-income tax expenses".

Calculate overdue tax:

Debit: profit and loss adjustment of previous years-income tax expense

Loan: tax payable-enterprise income tax payable

Carry forward:

Debit: profit distribution-undistributed profit

Credit: profit and loss adjustment of previous years-income tax expense