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How to do the accounting entries of enterprises paying five insurances and one gold?

Many accountants will face this problem. Wages in most companies are paid every two months. At this time, wages and five insurances and one gold will be refunded. What should the entries do? Next, let's look at Bian Xiao.

1, when the salary is accrued

Borrow: management fee

Loans: Payables-Wages

2. When social insurance accumulates.

Borrow: management fee

Loans: Payables-Social Security

This month's salary has been accrued. What should the enterprise do if it has to bear some entries of social security and provident fund?

1, social security and provident fund that enterprises should bear.

Accrual time

Borrow: management fee

Loans: Payables-Social Security

Payable to employees-provident fund

time of payment

Debit: Payables-Social Security

Payable to employees-provident fund

Loans: bank deposits

2, personal social security, provident fund.

Accrual time

Borrow: management fee

Loans: other payables-social security

Other payables-accumulation fund

time of payment

Debit: other payables-social security

Other payables-accumulation fund

Loans: bank deposits

3. When paying personal income tax

Borrow: taxes payable-personal income tax payable

Loans: bank deposits

The final accounting entry should be:

Debit: Payables-Wages

Loan: other payables-social security (excluding personal social security)

Taxes payable-personal income tax payable

Cash on hand/bank deposit (paid salary)