Transfer a patent, and the proceeds of 100,000 are deposited in the bank. The cost of the patent is 80,000, the long-term loan is 600,000, the interest payable is 150,000, and the bank deposit is 750,000.
Accounting entries are a record that lists the corresponding accounts of both parties and their amounts for each economic transaction based on the requirements of the double-entry accounting principle. Before registering an account, preparing accounting entries through accounting vouchers can clearly reflect the classification of economic business, which is conducive to ensuring the accuracy of account records and facilitating subsequent inspections.
Extended information:
In actual work, accounting entries are realized by filling in accounting vouchers. It is an important link to ensure that accounting records are correct and reliable. In accounting, no matter what kind of economic business occurs, it is necessary to follow the accounting rules before registering the account.
Determine the accounting entries of economic business by filling in accounting vouchers so that account records and subsequent inspections can be carried out correctly. There are two types of accounting entries: simple entries and compound entries.
Baidu Encyclopedia-Accounting Entries