When an enterprise purchases goods, when the supplier makes up for the loss caused by insufficient payment when delivering the goods, the debit will be recorded in the "accounts payable" and the credit will transfer the corresponding amount from the "profit and loss of pending property".
When an extended information enterprise reorganizes its debts with its creditors, it should make accounting treatment according to different situations.
1. If the debt is paid off in cash lower than the book value of accounts payable, the account shall be debited according to the book balance of accounts payable, credited to the account of "bank deposit" according to the actual amount paid, and credited to the account of "non-operating income-debt restructuring income" according to the difference.
2. If an enterprise pays off its debts with non-cash assets, it shall debit this account according to the book balance of accounts payable, credit "transactional financial assets", "other business income", "main business income", "fixed assets liquidation", "intangible assets" and "long-term equity investment" according to the fair value of non-cash assets used to pay off debts, and credit "tax payable" according to the relevant taxes payable.
3. When the debt is converted into capital, the account shall be debited according to the book balance of accounts payable, credited to the account of paid-in capital or equity and the account of capital reserve-capital premium or equity premium according to the fair value of equity enjoyed by creditors due to giving up their creditor's rights, and credited to the account of non-operating income-debt restructuring income according to the difference.
4. If other debt conditions are modified to pay off, the difference between the book balance of the restructured debt and the fair value of the restructured debt shall be debited to this account and credited to the account of "non-operating income-debt restructuring income".
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