First of all, when the training institution is just established in the preparatory period, the management expenses, such as water, electricity and office expenses, can be done first, assuming that it is paid by bank deposits. The entries are as follows:

Borrow: management fee-organization fee 9900.

Loan: 9900 in the bank.

Then, when the business is officially launched, all the expenses incurred will be detailed under various subjects, so as to standardize the accounting processing flow of the company, thus reducing the risk of subsequent internal audit and external audit. The entries are as follows:

(1) Pay the company's utilities and property fees every month 3 100.

Borrow: management expenses-office expenses 3 100.

Loan: bank deposit 3 100.

(2) Pay the quarterly rent of 6,000 yuan (pay quarterly after signing the contract).

Debit: prepaid account 6000

Loan: 6000 yuan in the bank.

When confirming this month's expenditure:

Borrow: management fee-rent 2000.

Credit: advance payment 2000

(3) Air tickets, accommodation and catering expenses incurred in training teachers abroad.

Borrow: management fee-business entertainment fee is 3500 yuan.

Credit: Cash on hand 3500

(4) Received CPA training fees for good accountants.

Debit: The bank deposit is 25,000 yuan.

Loan: main business income-accounting training fee is 25,000 yuan.

(5) Pay for the training venue and purchase the items needed for training.

Debit: The main business cost is 2500.

Credit: Cash on hand 2500

(5) withholding the salary of training teachers

Debit: labor cost 10000.

Loan: Payable salary-salary 10000.

(6) Salary distribution of sales staff (manager)

Borrow: sales expenses (management expenses)-salary 8000 yuan.

Loan: Payable salary for employees-salary is 8,000 yuan.

Note: Fill in salary.

(7) Carry-forward labor costs

Debit: main business cost 10000.

Loan: labor cost 10000.

Finally, all the current profit and loss accounts are carried forward to this year's profit, and the profit and loss account is 0.

What preferential policies can training and education institutions enjoy when providing online education?

Article 5 of the Announcement of State Taxation Administration of The People's Republic of China of the Ministry of Finance on Supporting Tax Policies for Prevention and Control of Pneumonia Infection in novel coronavirus (Announcement No.8 of State Taxation Administration of The People's Republic of China, Ministry of Finance, 2020) stipulates that taxpayers' income from providing life services shall be exempted from VAT. The specific scope of life services is based on the Notes on Sales Services, Intangible Assets and Real Estate (Caishui [2065438+06] No.36), and non-academic education services such as training are implemented.

Here is a full set of accounting treatment of educational institutions. In fact, the type and scale of each educational institution are different from its operating conditions, and its final full set of accounting treatment is also different. When making accounts for educational institutions, financial personnel should also deal with their specific business and other aspects. If you have any questions, you can come to the website to communicate with the accounting teacher.