Borrowing a package is a package that an enterprise provides to a purchasing unit for temporary use free of charge in order to sell products, but requires a certain deposit. During the loan period, the loss of value and the repair cost of packaging are all incurred for selling products, which should be recorded as the "sales expenses" of the enterprise. The issuance, recovery and refund of the loan package deposit are the same as the rental accounting treatment, but the deposit confiscated from the overdue package should be recorded in the "non-operating income" of the enterprise. If the loan package is scrapped, the value of its remaining materials should be deducted from the "sales expenses" of the enterprise, and "cash" or "bank deposit" should be debited and "sales expenses" credited. If the value of the loan package is amortized by the 50-50 amortization method, its accounting method is basically the same as that of the lease package, so I will not repeat it here.
According to the current accounting system, when borrowing new packaging materials for the first time, the cost should be carried forward, the "sales expenses" should be debited and the "packaging materials" should be credited. Upon receipt of the deposit, debit "cash on hand", "bank deposit" and other subjects, credit "other payables" subjects, and return the deposit for the other party's accounting entries.
Borrowing new packaging for the first time
Debit: sales expenses (one-time amortization of lending) 1000.
Loan: low-value consumables-packaging 1000
Collect a deposit
Debit: Bank deposit (or cash on hand) 600
Credit: other payables-deposit 600