How to make accounting entries for social security subsidies?

1. When receiving the occupational security subsidy issued by the Social Security Bureau:

Debit: bank deposit

Loan: deferred income-stable post subsidy

2. When social security expenditure occurs:

Borrow: management fee-pay social insurance premium

Loans: bank deposits

meanwhile

Borrow: deferred income-stable post subsidy

Loan: non-operating income-government subsidy income

According to the number of accounts involved, accounting entries can be divided into simple entries and compound entries.

economic/business accounting

In order to account for and reflect all kinds of deposits deposited by enterprises in banks or other financial institutions, the enterprise accounting system stipulates that "bank deposits" should be set up, in which borrowers reflect the increase of enterprise deposits, lenders reflect the decrease of enterprise deposits, and the final debit balance reflects the balance of enterprise deposits.

Enterprises should conduct accounting and management in strict accordance with the system. Enterprises should deposit funds in banks or other financial institutions, debit "bank deposits" and credit "cash" and other related subjects; When withdrawing and spending deposits, debit "cash" and other related subjects and credit "bank deposit" subjects.