How to deal with the loss of hotel drinks?

The sale of beverages plays an important role in the operation of hotels. If the hotel is short of drinks, how should the accountant handle the accounts?

Accounting entries of hotel wine shortage

Borrow: Loss and overflow of pending property.

Loans: Goods in stock

Find out the reason, and claim compensation if it is stolen:

Borrow: Loss and overflow of pending property.

Credit: other receivables

If it is caused by poor management:

Borrow: Loss and overflow of pending property.

Loans: non-operating expenses

What is the loss and overflow of pending property?

"Loss and overflow of pending property" belongs to the asset category, accounting for the inventory surplus, inventory loss and damage of various property and materials confirmed by enterprises in the inventory process. The subject of "pending property loss and surplus" often has two detailed subjects, namely "pending fixed assets loss and surplus" and "pending current assets loss and surplus". The loss and surplus of the pending property are directly related to the assets before reporting for approval, and directly related to the current loss and surplus after reporting for approval. Debit the subject and register the inventory loss or damage quantity of the property to be processed; The lender registers the inventory surplus of the property to be processed. When the property to be handled is carried forward, it will be credited to this account when it is lost or damaged; When the inventory surplus of the property to be processed is carried forward, the account shall be debited. If there is a debit balance at the end of the month, it reflects the net loss of untreated property and materials; If there is a debit balance, it reflects the net surplus of unprocessed property and materials. There is a balance at the end of the month listed in the assets or liabilities in the statement, but there cannot be a balance at the end of the year.

What are the non-operating expenses?

Non-operating expenses refer to all non-operating expenses except the main business cost and other business expenses. Such as fines, donations, extraordinary losses, fixed assets inventory losses, etc. When the enterprise has all kinds of non-operating expenses, debit the subject; When the profit and loss is carried forward at the end of the period, it will be transferred from the lender to the debit of the "profit of this year" account, and there will be no balance in this account after the carry-forward.