Traditional Culture Encyclopedia - Hotel franchise - Prepare accounting entries for required supplies before the hotel opens. Thank you.

Prepare accounting entries for required supplies before the hotel opens. Thank you.

1. When buying pots and pans

Borrow: low-value consumables

Credit: cash/

bank deposit

2。 When paying the related expenses in the previous period:

Debit: sales expenses/management expenses

Loan: cash/bank deposit

Note: I wonder if the items you mentioned before opening include desks and chairs, office furniture and equipment? If so, then:

Borrow: fixed assets

Loan: cash (bank deposit)