How to make accounting entries for social security withheld and remitted by the company?

How to make accounting entries for social security withheld and remitted by the company?

When paying:

Debit: Payables-social insurance premium (unit part) Other receivables (payment part)-social insurance premium (individual part)

Loans: bank deposits

Cumulative time:

Borrow: management fee-social insurance fee (unit part)

Loan: wages payable to employees-social insurance premium (unit part)

When paying wages:

Debit: Payable-Payable (Payable)

Loan: other receivables (payment)-social insurance premium (personal part) Cash on hand (actual amount)

How to record the format of enterprise accounting entries?

First: it should be borrowed first and then lent, with the borrower at the top and the lender at the bottom;

Second: the credit bookkeeping symbol, account and amount should be followed by a space after the debit, indicating that the debit is on the left and the credit is on the right.

There are two kinds of accounting entries: simple entry and compound entry, in which the simple entry is the entry of borrowing a loan; Compound entries are one-loan multi-loan entries and one-loan multi-loan entries.

It should be pointed out that in order to keep the corresponding relationship of accounts clear, it is generally not appropriate to merge different economic businesses and prepare accounting entries by borrowing more and lending more. However, in some special circumstances, accounting entries can be compiled to reflect the whole picture of economic business.

How to make accounting entries for social security withheld and remitted by the company?