How to handle the accounting for a sole proprietorship of a limited company hotel?

The accounting treatment of a sole proprietorship limited company hotel should be the same as that of an ordinary limited company.

Usual purchase and storage,

Borrow: raw materials,

Loan: bank deposit,

When collecting,

Debit: main business costs,

Credit: raw materials,

Commonly used turnover materials in hotels, such as bed sheets, etc.,

Debit: turnover materials ,

Credit: bank deposit,

When used,

Debit: main business costs or management expenses,

Loan : Tongji transfer materials,

When expenses occur,

Debit: administrative expenses or sales expenses,

Credit: bank deposit.

When carrying forward relevant costs at the end of the month,

Debit: profit for the year,

Credit: main business costs, administrative expenses, taxes and surcharges and other items.

When confirming income,

Debit: bank deposit or cash,

Credit: main business income - a certain income, taxes payable - payable Value-added tax,

When carrying forward income,

debit: main business income,

credit: profit for the year.

When paying taxes,

Debit: tax payable - value-added tax payable,

Credit: bank deposit.