The service industry business tax rate is 5%, and the business tax payable for this income is:
14500× 5% = 725 yuan
At the same time, additional fees for urban construction and education should be paid:
Urban construction: 725× 7% = 50.75 yuan.
Education surcharge: 725× 3% = 2 1.75.
Entries for this income:
Debit: bank deposit (or accounts receivable) 14500
Loan: main business income 14500.
Debit: business tax and additional 797.5
Loan: Taxes payable-Business tax payable 725
Taxes payable-Urban construction tax payable 50.75
Taxes payable-education surcharge payable 2 1.75