In order to reflect the responsibility of the enterprise to provide guarantee, the enterprise should set up the subject of "unearned responsibility preparation", accounting for short-term responsibility preparation within one year and long-term responsibility preparation for more than one year. When withdrawing, debit "operating expenses" and credit "unexpired liability reserve"; At the end of the period, according to the recalculated amount of liability reserve, the balance of "unearned liability reserve" is adjusted through "operating expenses".
Extraction and use of risk reserve;
Because the guarantee business is a low-income and high-risk industry, in order to ensure the solvency of the enterprise, the guarantee enterprise should withdraw the risk reserve from the annual net profit as the retained income to make up for the heavy losses caused by the long-term and uncontrollable large compensation. When withdrawing, debit "Profit Distribution-General Risk Reserve" and credit "General Risk Reserve"; When using risk reserve to cover losses, debit "general risk reserve" and credit "profit distribution-general risk reserve".