Cost accounting of catering industry accounting

1. Cost accounting is generally accounting: material and labor costs;

2. The tax paid by the catering industry is business tax, so profit and loss = operating sales-operating expenses (materials \ wages \ expenses \ other miscellaneous expenses, etc.). )

When obtaining operating income:

Debit: cash \ bank deposit

Loan: income from main business

When purchasing materials and paying wages and other expenses:

Debit: Operating expenses-Level II subjects

Credit: cash

When carrying forward costs and expenses at the end of the month:

Debit: this year's profit

Credit: operating expenses

Operating income carried forward at the end of the month:

Debit: main business income

Loan: profit this year

Carry forward this year's profit:

When making a profit:

Debit: this year's profit

Loan: profit distribution

When losing money:

Borrow: profit distribution

Loan: profit this year

Go to the Inland Revenue Department to file tax returns early next month:

It is declared and paid according to the corresponding tax rate of profit *!