Accounting Simulation

Northwestern Polytechnical University

May 2022
 CONTENTS

Part 1 Fill in the Original Voucher...............................................................................1

1.1 Training objective.............................................................................................1
1.2 Training task.....................................................................................................1
1.3 Training Materials............................................................................................1
1.4 Fill in the Original Voucher.............................................................................2
Part 2 Fill in the Accounting Voucher........................................................................12
2.1 Training objective...........................................................................................12
2.2 Training task...................................................................................................12
2.3 Training Materials..........................................................................................12
2.3.1 Monetary Training...........................................................................................13
2.3.2 Inventory, Raw Materials Accounting Training...........................................22
2.3.3 Fixed Assets Accounting Training..................................................................32
2.3.4 Liability Accounting Training.........................................................................37
2.3.5 Owner's Equity Accounting Training............................................................41
2.3.6 Revenue Accounting Training.........................................................................47
2.3.7 Other Business Accounting Training.............................................................55
Part 3 Make Financial Reports..................................................................................66
Part 4 Appendix...........................................................................................................68
4.1 General Journal..............................................................................................68
4.2 Balance Sheet..................................................................................................69
4.3 Income Statement...........................................................................................71
 Part 1 Fill in the Original Voucher

1.1 Training objective

The objective of this training is to make students familiar with the filling method of original
accounting voucher through practical training.

1.2 Training task

The task of this chapter is to fill in the original voucher based on the information in Training
Materials.

1.3 Training Materials

Company name: PXR Incorporated Company

Address: No.127 West Friendship road, Xi’an city
Business scope: manufacturing
Bank account: Industrial and Commercial Bank of China, NPU Sub-branch.
Basic deposit account:3700117319200004172
Loan account:3700117319200004172
Taxpayer identification number:12100000435231705W
Institutional setting: The company has a production workshop and various functional
management departments
The company is a general VAT tax payer with a VAT rate of 13%; the urban maintenance and
construction tax is calculated based on the actual value-added tax and 7% of the consumption tax,
and the income tax rate is 25%.

1
 Accounts receivable is accrued for bad debts at a rate of 2%

1.4 Fill in the Original Voucher

The company had the following business in December 2020.

（1）Finance Department cashier Bella Fang opened a gold check for an amount of ￥5,000,
withdrawing cash from the bank for spare use on December 1.

ICBC Cheque for Transfer

ICBC Cheque for Transfer
Stub（Xi’an）

BH 0367630 （Xi’an） B H
03676300
02 0 02
Paying bank: Industrial and Commercial Bank of China,
Additional information: Date of draft: 2020/12/01
NPU Sub-branch

Payee: Bella Fang Drawer's account number: 3700117319200004172

Amount（RMB）: ￥5.000

Date of draft: 2020/12/01 Purpose: spare use

Payee: Bella Fang

Please pay the above amount from my account
Amount: ￥5.000
￥ 5.000
Purpose: spare use

Management Accounting Signature of drawer: Reviewer: Accounting clerk:

%……………………………………………………………………………………………………

2
 （2）Li Lei of the Supply and Marketing Section went to Nanjing to participate in the trade
fair on December 1. After approval by Li Fei, the chief of the Supply and Marketing Section, he
borrowed ￥2,000 from the Finance Section as travel expenses.

PXR Incorporated Company Borrowing Order

Department: Date:

2020/12/
Name Li Lei Travel location Nanjing Days
01

Business trip Trade fair

Loan amount 2.000 ¥

Responsible person signature Borrower signature Remarks:

1. This unit must be

used when borrowing

public funds

2. Financial accounting

X X association must be

Li Fei signed by the borrower

Li Fei
and the person in charge

of the unit.

3. Settled within three

days after returning

from business trip

3
Accounting supervisor: Accounting: Manager:

%……………………………………………………………………………………………………

（ 3 ） PXR company received a transfer cheque from JOCKAY of the city to repay the
previous payment of ￥16,000, and the money was deposited in the bank on December 1.
Firms’ name: JOCKAY Company
Address: No. 38, Da Xing Road, Xi’an
Bank address: Industrial and Commercial Bank of China, the second branch of Xi’an
Bank acount: 190604386792610
Taxpayer identification number:110000102620152026

Bill of Lading
Industrial and Commercial Bank of China
Date: 12/01 Number:

Full name PXR company Full name JOCKAY Company

Account Account 1100001026201520

3700117319200004172 Paye
Payee number number 26
r
Industrial and Commercial Bank of China, NPU Sub-
Bank account Bank account 190604386792610
branch

Amount ￥16.000

Type of bill Transfer cheque

Number of
1
bills

Financial officer: Accounting: Recorder:

%………………………
&&&……………………………………………………………………………

（ 4 ） PXR company sold 25 pieces of products A to the JOCKAY, with a unit price of

4
￥1400100, 20 pieces of products B, with a unit price of ￥450 on December 2. The goods were
sent to JOCKAY and the payment was not received.

VAT Special Invoice

Name: JOCKAY

Taxpayer identification number:

110000102620152026 Password
Purchaser
Place/phone number: No. 38, Da Xing area
Road, Xi’an

Bank and account: 190604386792610

Goods or taxable services, Specification Unit: Quantity: Unit price: Tax Tax:

service names: Product A & model: A&B rate:

Product B Product A:25 Product A:

Product B:20 Product B: 13%

Total:

￥ 35011500

Total price and tax ￥

Name: PXR Incorporated Company

Taxpayer identification number:

12100000435231705W

Place/phone number: No.127 West

Seller Remarks
Friendship road, Xi’an city

Bank and account: Industrial and

Commercial Bank of China, NPU Sub-

branch

Payee: Reviewer: Issuer: Seller:

5
%……………………………………………………………………………………………………

（5）Company SPRAT returned the previous payment of ￥12,000 on December 2.

Firms’ name: SPRAT
Address: No. 26, Datong Road, Xi’an
Bank address: Industrial and Commercial Bank of China, the third branch of Xi’an
Bank account:190528014287965
Taxpayer identification number:130203112345678104
Letter of Exchange
Industrial and Commercial Bank of China
Date:2020/12/02 Number:

Full name PXR Incorporated Company Full name SPRAT

Account Account
Paye
Payee number number
r
Industrial and Commercial Bank of China, NPU Sub- 19052801428796
Bank account Bank account
branch 5

Amount ￥12.000

Type of bill payement

Number of
1
bills

Financial officer: Accounting: Recorder:

%……………………………………………………………………………………………………

（6）Company PXR received a fine of ￥260 from the employee Li Ming on December 18.

Receipt

Received: Fine

Reason:

6
 RMB: ¥ 260

Receiving unit: Company PXR Payee: Li Ming

%……………………………………………………………………………………………………

（ 7 ） The payment of the wire transfer certificate was owed to the SPDUVAT City
BOOCEND Company for ￥12,000 on December 8.
Address: No. 89 second Street, SPDUVAT City.
Bank address: Industrial and Commercial Bank of China, the third branch of Xi’an
Basic deposit account: 1972364729861
Industrial and Commercial Bank of China Bill of Lading
Date:2020/12/08 Number:

Full name SPDUVAT City BOOCEND Company Full name PXR Incorporated Company

Account Account
1972364729861 Pay 3700117319200004172
Payee number number
er
Bank Industrial and Commercial Bank of China, the Bank Industrial and Commercial Bank of

account third branch of Xi’an account China, NPU Sub-branch

Amount ￥12,000

Type of
wire transfer certificate
bill

Number of
1
bills

Accountant: SPDUVAT City BOOCEND

Financial officer: Recorder: PXR Incorporated Company
Company

%……………………………………………………………………………………………………

（8）The company sold goods to the JOCKAY Company of the city on December 15. The
payment was ￥28,800. A cheque was received and it was sent to the bank.

7
 Receipt
Industrial and Commercial Bank of China
Date: 2020/12/15 Number:

Full name PXR Incorporated Company Full name JOCKAY Company

Account Account 1100001026201520

3700117319200004172 Paye
Payee number number 26
r
Industrial and Commercial Bank of China, NPU Sub-
Bank account Bank account 190604386792610
branch

Amount ￥28,800

Type of bill Cheque

Number of
1
bills

Financial officer: Accountant: PXR Incorporated Company Recorder: JOCKAY Company

%……………………………………………………………………………………………………

（9）PXR purchased 220kg material A and 400kg material B from the CAREEF Company
located in Xi’an the city, the unit price of material A is ￥90, the unit price of material is ￥75 on
December 19. The payment is paid by the transfer check. Materials are accounted for at actual cost.
Firms’ name: CAREEF company
Address: No. 93, Upper Road, Xi’an
Bank account: Industrial and Commercial Bank of China, Upper Branch Office
Basic deposit account:190528113679452
Taxpayer identification number: 110000102620152026

VAT Special Invoice

Purchaser Name: PXR Incorporated Company Password area

Taxpayer identification number:

12100000435231705W

Place/Phone number: No.127 West

8
 Friendship road, Xi’an city

Bank and account: Industrial and

Commercial Bank of China, NPU Sub-branch

Goods or taxable services, Specification model: Unit: Quantity: Unit price: Tax rate: Tax:

service names: A&B A:220 kg A :￥90 13%

Material A B:400 kg B: ￥75

Material B

Total:

Total price and tax ￥

Name: CAREEF company

Taxpayer identification number:

110000102620152026

Place/Phone number: Industrial and

Commercial Bank of China, Upper Branch

Seller Remarks
Office

Bank and account: Industrial and

Commercial Bank of China, Upper Branch

Office

Payee: Review: Issuer: Seller:

%……………………………………………………………………………………………………

Receipt Form
Number:
Delivery company

Invoice number Date Warehouse:

Quantity Amount
Material Material Material Unit of
Material type
code name specification measurement
Actually Buying
Receivable Unit price Total
received price

9
Remarks

Financial Officer: Accountant: Reviewer: Recorder: Receiver:

%……………………………………………………………………………………………………

（10）The processing workshop used 20kg of machine oil, and the unit price was ￥20 on
December 18 (included in manufacturing expenses).
Picking list
Picking department: Processing workshop Number: 10

Picking use Date: December 18, 2020

Material code Material name Unit Number of requests for collection Actual amount received Unit price Amount

lubricating oil Kg 20 KG ￥20 20

Number of attachments: Total ￥

Warehouse supervisor: Accountant: Issuer: Picker:

%……………………………………………………………………………………………………

（11）JOCKAY Company paid the balance of the previous month’s payment of ￥3,800 in
cash, which was deposited in the bank on the same day on December 18(The original voucher on
which it is based is a cash payment slip).

Cash Payment Form

Industrial and Commercial Bank of China
December 18,2020 Number:

CusZhang Payee name PXR Incorporated Company

10
 Industrial and

Commercial Bank
Payee account 3700117319200004172 Payee bank
of China, NPU

Sub-branch

Weier fill Payer JOCKAY Company Source of money

in part RMB
Currency ￥
Foreign currency:

Type ￥100 ￥50 ￥20 ￥10 ￥1

Number of

sheets

Log
Bank Date: Transaction code: Currency:
number:
filling
Terminal
part Amount: Supervisor: Recorder:
number:

Remarks

Ticket holder: Checker:

%……………………………………………………………………………………………………

（12）Bank loans were returned to short-term loans of ￥60,000 on December 19.

Loan Repayment Certificate

Industrial and Commercial Bank of China
Type of loan Date: Number:11

Payee name PXR Incorporated Company

370011731920000417
Payee account Loan Account 3700117319200004172
2

Industrial and Commercial Bank of China, NPU Sub-

Bank account Bank account
branch

Repayment amount RMB: 60,000 ￥

11
Abstract: Return of working capital loans

The above loan amount should be paid from the

deposit account of the basic deposit account of the Bank Accountant department stamp:

unit.

Repayment unit signature

%……………………………………………………………………………………………………

（13）PXR received “collection certificate” from the bank on December 20. Bank paid the
telephone fee of ￥778 to Xi’an Telecom Office 8. The related invoice is collection certificate.

Collection Certificate（Payment Notification）

Date:

Business type Entrusted collection ( ) Collection commitment ( )

Name PXR incorporated company Name Telecommunications Corporation

Account 3700117319200004172 Account 190602143358379

Payer Payee
Industrial and Commercial Bank Industrial and Commercial Bank of
Bank Bank
of China, NPU Sub-branch China Xiangjiang Branch

Amount RMB ￥3,800 ￥

Number of

Money content Telephone fee Credential name Invoice attached

documents

Goods shipment Contract name number

Remarks: Payer bank account signature Note:

1.According to the payment settlement method, if the above-

The date the payer bank mentioned entrusted collection (collection commitment)

receives the date payment is not paid during the payment period, it is deemed to

agree to the payment, so as to be notified on its behalf.

2.If you need to make a full or partial refusal, you should

return the reason for the refusal and the proof of debt to the

12
 bank where you have opened the account within the specified

time limit.

%……………………………………………………………………………………………………

13
 （14）The company PXR paid the subsidy of ￥1350 to employee Alex on December 19.

Expense voucher
Date: Number:

Pay: employees Alex subsidy ￥1350

Cash Payment

Payee: Alex Accountant supervisor: Li Kang Cashier: Christian

%……………………………………………………………………………………………………

14
 Part 2 Fill in the Accounting Voucher

2.1 Training objective

The train objective is to make students understand the original vouchers that should be filled
out in various economic business and grasp the filling methods of various accounting vouchers.

2.2 Training task

1.The task one is according to the original vouchers of each economic business, respectively
fill in the system bookkeeping vouchers.

2.The task two is to prepare the corresponding accounting entries according to each economic
transaction

3.The task three is to have completed the bookkeeping vouchers and the attached original
vouchers bound into a book.

2.3 Training Materials

This part of the training is divided into seven parts, respectively training students on the seven
major economic business accounting vouchers system.

15
2.3.1 Monetary Training

（1）PXR purchase office supplies in cash on December 10, 2020.

Xi’an Retail Special Invoice
Purchases of units PXR Incorporated Company Date: December10,2020

Serial number Product name Size Unit Quantity Unit price Amount

1 Pen 100 4.00 400.00

2 Notebook 100 1.00 100.00

￥500.00
Receiving Unit Payee

%……………………………………………………………………………………………………

（3）To pay the wage of ￥101,431.80, PXR get the withdraw cash from bank On December
11. The related invoice is Industrial and Commercial Bank of China Cash Check Stub.

Hainan Industrial and Commercial Bank of China Cash Check

Huasen Stub
Printing 10204315
Co.,
00758201
Ltd.

Printed

in 2020

Date: December 21, 2020

Payee: PXR Incorporated Company

Amount: ￥101431.80

Usage: Wage

Section supervisor Accountant: Jin Zixuan

16
%……………………………………………………………………………………………………

（3）On December 12 the wages distribution is as follows: the wages of workers producing
products A were ￥65,700, the wages of workers producing products B were ￥52,900, the wages
of management staff of processing workshops were ￥6,150, and the salary of factory management
personnel was ￥12,320. The related original voucher is a salary expense allocation table.
Payroll Distribution Table
December 31, 2020 Unit: RMB

Credit account-Accrued payroll

Debit account
Processing workshop Assembly workshop Management department Total

Product A 54700.00 11000.00 65700.00

Cost of manufacture
Product B 43200.00 9700.00 52900.00

Manufacturing overhead 4100.00 2050.00 6150.00

Management costs 12320.00 12320.00

137070.0
Total 102000.00 22750.00 12320.00
0

Auditing: Making:

%……………………………………………………………………………………………………
（4）On December 13, 2020, PXR withdraw cash ￥5,000 from bank.
Hainan Industrial and Commercial Bank of China Cash Check

Huasen Stub
Printing 10204315
Co.,
00758260
Ltd.

Printed

in 2020

Billing date: December 13,2020

Payee: Rui Guo

Amount: ¥5000.00

17
 Application: withdraw fund

Section supervisor Accounting: Jin Zixuan

%……………………………………………………………………………………………………
（5）On December 13, Du Jin Zixuan, the director of the office, reimbursed the refueling fee
of ￥850, the parking fee of ￥750, the toll fee of ￥385, a total of ￥1938. The related voucher
attachment: expense reimbursement form.
Expense Reimbursement
December 13, 2020

Department Office Name Du Ming

Reimbursement Refueling fee of ￥850, parking fee of ￥703, toll fee of ￥385

Number of

reimbursement 9 Total: ￥1,938.00

documents

Head of department: Bella Financial manager: Christal

Accounting supervisor: Checker: Recorder:

%……………………………………………………………………………………………………

（6）On December 15, PXR use a transfer cheque to pay advertising fee of ￥2,000.

Hainan Industrial and Commercial Bank of China Cash Check

Huasen Stub
Printing 10204316
Co.,
00758202
Ltd.

Printed

in 2020

Date: December15,2020

Payee: Heng rui Advertising Co., Ltd.

Amount: ¥2000.00

Usage: Reserve fund

18
 Section supervisor accountant: Li Ming

%……………………………………………………………………………………………………

（7）Computer department in PXR pay ￥450 to Dangdang in cash for the fee of books on
December 22.
Beijing National Taxation Bureau General Machine Invoice
Invoice code 111001072011
Date December 22, 2020 Category
Invoice number 20516665

Client's name Project name Data Quantity Unit price Amount

1 450 450

Total 450

Receipt name: Tax number: Issuer: Guo Li

%……………………………………………………………………………………………………
（8）PXR paid the material fee of ￥38,280 which was owed to the Red Star Company on
December 23. ￥38,000 was paid by bank deposit. ￥280 was paid by cash.

Hainan Industrial and Commercial Bank of China Cash Check

Huasen Stub
Printing 10204316
Co.,
03676309
Ltd.

Printed

in 2020

Date: December 23, 2020

Payee: MOONCID Co., Ltd.

Amount: ￥38000.00

Application: Buy material

Section supervisor accountant: Li Ming

19
%……………………………………………………………………………………………………

（9）PXR prepaid the warehouse rent of ￥24,000 in transfer check on December 24.
Other Services in Xi’an, Shaanxi Province are Also Invoiced Invoice
Invoice code 251010571060
Client's name Shaanxi Dingtian Machinery Co., Ltd. December 24, 2020
Invoice number 00437361

Project Unit Amount Unit price Amount

Warehouse rent 24000

Total 24000

Issuer Guo Li

%……………………………………………………………………………………………………

（ 10 ） PXR company paid the financial education personnel’s continuing education and
training fee of ￥ 1400 on December 24. The firm received a receipt from the City Finance and
Accounting Center at the same day.

Hainan
Industrial and Commercial Bank of China Cash Check Stub
Huasen
10204326
Printing Co.,
03676310
Ltd. Printed

in 2020

20
 Date: December, 24, 2020

Payee: Accounting training center

Amount: ￥1400.00

Application: Training fee

Section supervisor accountant: Li Ming

%……………………………………………………………………………………………………

Shaanxi Non-operating Settlement Unified Bill

Date of completion December 24,2020

Received education and training fees for the accounting staff of

Amount
PXR Co., Ltd.

1,400

Total 1,400

Remarks: This note cannot be used for charging or operating settlement

Receiving unit: Payee: Payer:

%……………………………………………………………………………………………………
（ 11） Li Ming, the cashier of Finance Department in PXR, withdraw the cash of ￥ 5,000
from bank for spare use on December 1.

ICBC Cheque for Transfer Stub（Xi’an） ICBC Cheque for Transfer

B H （Xi’an） B H
03676300 03676300
0 2 02

Additional information: Date of draft: Li Ming Paying bank: ICBC

Payee: Li Ming Drawer's account number:

Amount（RMB）: 5000.00

Date of draft: December 1，2020 Purpose: Spare use

21
Payee: Li Ming

Amount: ¥5,000 Please pay the above amount from my account

Purpose: spare use

Management： Accounting: Signature of drawer: Reviewer: Accounting clerk:

%……………………………………………………………………………………………………

（12）Fan Xing of the Supply and Marketing Section was going to Nanjing to participate in
the trade fair. Fan Xing borrowed ￥ 2,000 from the Finance Section as travel expenses after
approval by Li Ming on December 1, 2020.

PXR Incorporated Company

Borrowing Order
Department: Date: December 1, 2020

Fan Nanjin
Name Travel location Estimated days 10
Xing g

Business trip Participating in the trade fair

Loan
¥ 2000.00
amount
Unit responds Borrower signature Remarks:

Single person signature: 1. This unit must be used when borrowing public funds

2. The financial accounting association must be signed by the

borrower and the person in charge of the unit.

3.Settled within three days after returning from business trip

Accountant supervisor Accountant： Manager: Li Ming

%…………………………………………………………………………………………………

（ 13 ） PXR received a transfer cheque from Company JOCKAY to repay the previous
payment of ￥16,000 On December 1. The money was deposited in the bank.

Industrial and Commercial Bank of China Bill of Lading

Date: Number:

22
 Full name PXR Incorporated Company Full name JOCKAY Company

Account Account
3700117319200004172 190604386792610
Payee number Payer number

Bank Industrial and Commercial Bank Industrial and Commercial Bank of

address Bank of China, NPU Sub-branch address China, the second branch of Xi’an

Amount ¥16000.00

Type of

bill

Number
1
of bills

Financial officer: Accounting: Recorder:

%……………………………………………………………………………………………………
（14）SPRAT Company returned the previous payment of ￥12,000 on December 2.

Industrial and Commercial Bank of China Bill of Lading

Date: Number:

Full Full
PXR Incorporated Company SPRAT Company
name name

Account Account
Payee 3700117319200004172 Payer 190528014287965
number number

Bank Industrial and Commercial Bank Bank Industrial and Commercial Bank of

account of China, NPU Sub-branch account China, the third branch of Xi’an

Amount 12,000

Type of

bill

Number
1
of bills

Financial officer: Accounting: Recorder:

23
%……………………………………………………………………………………………………

（15）PXR received a fine of ￥260 from the employee Li Ming on December 18 in 2020.

Receipt

Received: Li Ming returned the cash of ￥260

Cause: Fines

RMB: ¥: 260

Receiving unit: Payee: Li Ming

%……………………………………………………………………………………………………

（ 16 ） The payment of the wire transfer certificate was owed to the SPDUVAT City
BOOCEND Company for ￥12,000 on December 8.

Industrial and Commercial Bank of China Bill of Lading

Date: Number:

Full name BOOCEND Company Full name PXR Incorporated Company

Account Account
1972364729861 3700117319200004172
Payee number Payer number

Bank Industrial and Commercial Bank of Bank Industrial and Commercial Bank of

account China second Branch account China, NPU Sub-branch

Amount 12000

Type of

bill

Number
1
of bills

Financial officer: Accounting: Recorder:

%……………………………………………………………………………………………………
24
 （17）JOCKAY Company paid the balance of the previous month's payment of ￥3,800 in
cash on December 18, which was deposited in the bank on the same day. (The original voucher on
which it is based is a cash payment slip)

Industrial and Commercial Bank of China Cash Payment Form

December 18,2020 Number:

Payee name PXR Incorporated Company

Industrial and

Beneficiary Account 3700117319200004172 Payee bank Commercial Bank of

Customer
China Xi’an Branch
fill in
Contributor Source of money
part
RMB(√)

Currency Foreign ￥3,800.00

currency:

Bank Date: Log number: Transaction code: Currency:

filling
Amount: Terminal number: Supervisor: Recorder:
part

Ticket holder: Checker:

%……………………………………………………………………………………………………

25
 （18）The “collection certificate” transferred from the bank was received on December 20,
and the telephone fee of Xi’an Telco Office was paid ￥780 from the bank deposit.

Collection Certificate（Payment Notification）

December 20,2020

Business type Entrusted collection ( ) Collection commitment( )

Name PXR Incorporated Company Name Telecommunications Corporation

Account 3700117319200004172 Account 190602143358379

Payer Industrial and Commercial Payee
Industrial and Commercial Bank
Bank Bank of China, Xi’an Bank
of China Xiangjiang Branch
Branch

Amount RMB ￥780.00

Money
Telephone fee Credential name Invoice Number of attached documents：
content

Goods shipment Contract name number

Remarks: Payer attention 1. According to

the payment settlement method, if the above-mentioned

The date the payer bank entrusted collection (collection commitment) payment is

receives the date not paid during the payment period, it is deemed to
Payer bank account
agree to the payment, so as to be notified on its behalf.
signature
2. If you need to make a full or partial refusal, you

should return the reason for the refusal and the proof of

debt to the bank where you have opened the account

within the specified time limit.

%……………………………………………………………………………………………………

26
2.3.2 Inventory, Raw Materials Accounting Training

（ 1 ） The PXR company received 380 kg of material A from the southern factory on
December 12, 2020. The material A were ordered in last month in November and the payment have
already been paid last month. The attachment of this transaction is Material Storage.

Material Inspection List

Actual price
Name Size Unit Amount
Invoice amount Transportation costs Installation fee Total Remarks

Material A Kg 380 15200.00 0 0 15200.00

Quality
Inspector Zhang
inspection Quality status Inspection findings
signature Fan
record

100112 Qualified Excellent Agree to use

Warehouse supervisor: Ling Inspector: Zhang Fan Accounted: Guo Li Recorder: Fang Qi

%……………………………………………………………………………………………………

（2）On December 13, 2020, a transfer cheque was issued, amounting ￥ 45000. Labor
insurance supplies were purchased from the municipal labor insurance supply store and delivered
directly to the production workshop. Attachment of accounting vouchers: ordinary invoice, labor
insurance supplies list and acceptance check.

Chengdu Goods Unified Sales Invoice

PXR Incorporated Invoice code:

Client's name Date: December 1, 2020
Company 1234887891

Name Size Unit Amount Actual price

Invoice amount Transportation Installation fee Total Remarks

27
 costs

Labor insurance
45000
supplies

Total ￥45,000

100112 Qualified Excellent Agree to use

Billing unit: Xi’an Aihua Labor Insurance Store Inspector: Anniery Accounted: Guo Li Recorder: Lisa

%……………………………………………………………………………………………………
Hainan Industrial and Commercial Bank of China Cash Check

Huasen Stub
Printing 10204315
Co.,
00758280
Ltd.

Printed

in 2020

Billing date: December13,2020

Payee: Xi’an Aihua Labor Insurance Store

Amount: ¥54000.00

Application: Labor Insurance

Section supervisor Accountant: Li Ming

%……………………………………………………………………………………………………

（3）The manufacturing cost is allocated according to the actual working hours. The product
time of product R is 1800 hours. The product time of product T is 1200 hours.

Manufacturing Expense Allocation

Assignment object Distribution standard (work hours) Distribution rate Allocation amount

Product R 1,800 12,025.8

Product T 1,200 8,017.2

28
 Total 3,000 6.681 20,043

Checker: Du Li Maker: Guo Li

%……………………………………………………………………………………………………

（4）The management department used 30 kg of material D on December 26. The unit price
of material D is ￥100, and the total value was ￥3,000.
PXR Incorporated Company's Picking List
Picking unit
December 26, 2020
Warehouse No. 1

Material category Material name and Unit

Quantity Unit price Amount
material code specifications of measurement

Material B Kg 30 100 3000

Total 3000

Recorder: Issue: Approval: Picking:

%……………………………………………………………………………………………………

（ 5 ） Calculated the cost of finished products of Class X and Class Y. The manufacturing
department products the 378 pieces of product R and products the 436 pieces of Products T. The
products of R and T are all direct materials at the end of December. The balance is ￥2225.80 and
￥5677.20 respectively. The accounting basis of this transaction is completed product calculation
form.
Finished Product Cost Calculation

29
 Product R Product T
Cost item
Total cost Unit cost Total cost Unit cost

Direct material 300274.00 87322.80

Direct labor 65700.00 52900.00

Manufacturing overhead 12025.80 8017.20

Total 378000.00 1000 148240.00 340

Recorder: Maker:

%……………………………………………………………………………………………………

（6）Carry forward the cost of products sold in December. The PXR company sold 25 pieces
of product A and 100 pieces of product B. The unit of product A is ￥900 and the unit of Product B
is ￥320.

（7）The PXR company purchased 220 kg of material A and 440 kg of material B from the
CAREEF Company which located in the same city. The unit price of material A and material B
is￥90 and ￥75 separately. The income of material has been checked into the income bank. The
payment is paid by the transfer check. Material is accounted for at actual cost.
VAT Special Invoice
Name: PXR incorporated company

Taxpayer identification number:

3700117319200004172 Address/phone Password

Purchaser
number: area
Bank and account: Industrial and Commercial

Bank of China, NPU Sub-branch

Goods or taxable Specification Unit: Quantity: Unit price: Tax rate: Tax:
services, service names: model:

Material A Kg 220 90 13% 2574

Material B Kg 400 75 13% 3900
Total:

Total price
¥ 56,274
and tax

30
 Name: CAREEF company

Taxpayer identification number:

110000102620152026Address/phone
Seller Remarks
number:190528113679452

Bank and account: Industrial and Commercial

Bank of China Uppern Branch Office

Payee Review Issuer Seller

%……………………………………………………………………………………………………

（8）On December 18, the processing workshop used 20kg of machine oil, and the unit price
was ￥200.

Picking List
Picking department: Processing workshop Number: Tenth

Picking use Date: December 18 2020

Number of
Actual amount
Material code Material name Unit requests for Unit price Amount
received
collection

lubricating oil Kg 20 20 200 4,000

Number of attachments: Total ￥4,000.00

Warehouse supervisor: Li Ming Accounting: Bella Issuer: Picker:

%……………………………………………………………………………………………………

31
 （ 9 ） The PXR company purchase the raw materials C. The seller charges the freight,
loading and unloading fee.

VAT Special Invoice

Name: PXR Incorporated Company

Taxpayer identification number:

3700117319200004172Address/phone

Purchaser number: Password area

Bank and account: Industrial and

Commercial Bank of China, NPU Sub-

branch

32
Goods or taxable Specification Unit: Quantity: Price: Tax rate: Tax:

services, service names: model:

Material C kg 1000 257,000.00 13% 33,410

Total: ¥257,000.00 ¥33,410,00

Total price
¥ 290,410.00
and tax
Name: CAPPCIAL material company

Taxpayer identification number:

911320600003142638AAddress/phone

Seller number:8112345 Remarks

Bank and account: Industrial and

Commercial Bank of China third Branch

Office

Payee: Review: Issuer: Seller:

%……………………………………………………………………………………………………

VAT Special Invoice

Purchaser Name: PXR Incorporated company Password

Taxpayer identification number: area
3700117319200004172Address/phone

number:8112345

33
 Bank and account: Industrial and Commercial

Bank of China, NPU Sub-branch

Goods or taxable Specification Unit: Quantity: Price: Tax rate: Tax:

services, service names: model:

Training fee 500.00 9% 45

Total: ¥500.00 45.00

Total price
¥ 545.00
and tax
Name: CAPPCIAL material company

Taxpayer identification number:

911320600003142638A
Seller Remarks
Address/phone number:8112345

Bank and account: Industrial and Commercial

Bank of China third Branch Office

Payee: Review: Issuer: Seller:

%……………………………………………………………………………………………………

VAT Special Invoice

Name: PXR incorporated company

Taxpayer identification number:

3700117319200004172Address/phone Password
Purchaser
number: area
Bank and account: Industrial and Commercial

Bank of China, the first branch of Xi’an

Goods or taxable Specification Unit: Quantity: Price: Tax rate: Tax:

services, service names: model:

Loading fee 122.64 6% 7.36

Total: ¥122.64 ¥7.36

Total price ¥ 130.00

34
and tax
Name: CAPPCIAL material company

Taxpayer identification number:

911320600003142638AAddress/phone
Seller Remarks
number: 8112345

Bank and account: Industrial and Commercial

Bank of China third Branch Office

Payee: Review: Issuer: Seller:

%……………………………………………………………………………………………………

Industrial and Commercial Bank of China Letter of Credit

December18, 2020

CAPPCIAL Material
Name Name PXR Incorporated Company
Company

Payer Account 3700117319200004172 Payee Account 190602143345679

Industrial and Commercial Industrial and Commercial Bank of

Bank Bank
Bank of China, Xi’an Branch China third Branch Office

Amount RMB ￥291085.00

Contract name
Goods shipment
number
Remarks: Payer bank account signature Payer attention
1. According to the payment settlement method, if the

The date the payer above-mentioned entrusted collection (collection

bank receives the commitment) payment is not paid during the payment period,

date it is deemed to agree to the payment, so as to be notified on its

behalf.

2.If you need to make a full or partial refusal, you should

return the reason for the refusal and the proof of debt to the

bank where you have opened the account within the specified

35
 time limit.

%……………………………………………………………………………………………………

Receiving Receipt
Picking department: Processing workshop Number: 10

Picking use Date: December 18, 2020

Number of
Actual amount
Material code Material name Unit requests for Total price Amount
received
collection

Material C Kg 1000 1000 257622.64 257622.64

Number of attachments: Total ￥257622.64

Warehouse supervisor: Accounting: Issuer: Picker:

%……………………………………………………………………………………………………

（10）The PXR company have paid the material on December 19. However, the goods have
not been delivered to the company.

VAT Special Invoice

Name: PXR Incorporated Company

Taxpayer identification number:

Password
Purchaser 3700117319200004172Address/phone number:
area
Bank and account: Industrial and Commercial Bank

of China, the first branch of Xi’an

Goods or taxable Specification Unit: Quantity: Price: Tax rate: Tax:

services, service names: model:

Material E Kg 1000 206000.00 13% 26780.00

36
Total: ¥206000.00 ¥26780,00

Total price
¥237800.00
and tax
Name: CAPPCIAL Material Company

Taxpayer identification number:

911320600003142638AAddress/phone
Seller Remarks
number:190528113675672

Bank and account: Industrial and Commercial

Bank of China third Branch Office

Payee: Review: Issuer: Seller:

%……………………………………………………………………………………………………

2.3.3 Fixed Assets Accounting Training

（1）Two machine tools purchased last month were installed and delivered to the processing
workshop on December12. The accounting basis of this exchange is fixed assets acceptance form.
Fixed Assets Acceptance Form
Actual price

Name Size Unit Amount Invoice Transportation

Installation fee Total Remarks
amount costs

Machine
2 17500 1500 3000 180000
tool

Quality
Date of Certificate Technical
inspection Quality status Inspection findings
manufacture number conditions
record

37
 2020.1 100112 Qualified Excellent Agree to use

Buyer: Inspector: Accounted: Guo Li Department of use: processing workshop

%……………………………………………………………………………………………………

（ 2 ） The depreciation of fixed assets this month is ￥ 13,000, including ￥ 11,000 for
workshops and ￥2,000 for factory departments in December. The accounting basis is the table of
depreciation of fixed assets.
Fixed Assets Depreciation Calculation Table
Original value of fixed
Monthly depreciation
Project Fixed asset class assets at the beginning Monthly depreciation
rate
of the month

Basic production Houses 2000000 0.3% 6000

workshop Mechanical equipment 1000000 0.3% 5000

Administrative Houses 400000 0.3% 1200

department Mechanical equipment 100000 0.8% 800

Total — 3500000 — 13000

Recorder: Guo Li Maker: Du Li

%……………………………………………………………………………………………………

（ 3 ） The two machine tools purchased in November were installed and delivered to the
processing workshop on December 21.
Fixed Assets Acceptance Form
Supplier: Keda mechanical
December 21, 2020 Number
Company

Invoice number 00085694

Name Size Unit of Amount Actual price Remarks

measurement Invoic Transportatio Installatio Total

e n expenses n fee

amoun

38
 t

17550
Machine tool 2 1500 3000 180000
0

Date of Technical
Certificate
Quality inspection manufactur condition Quality status Inspection findings
number
record e s

2020.1 100112 Qualified Excellent Agree to deliver

Buyer: Inspector: Accounting: Guo Li Use department Processing workshop

%……………………………………………………………………………………………………

（4）The PXR enterprises to renovate and build factories and used engineering materials on
December 18.

Picking List

Picking department: Processing workshop Number: Ninth

Picking use: Plant renovation Date: December 18, 2020

Number of
Actual amount
Material code Material name Unit requests for Unit price Amount
received
collection

1502 Reinforcement Kg 8000 8000 2.4 19200,00

Number of attachments: Total ￥19200.00

Warehouse supervisor: Accounting: Issuer: Picker:

%……………………………………………………………………………………………………
（5）The retired fixed assets was into cleanup on December 31.

Fixed Assets Retirement Application

Name Fixed assets retirement application Finished time Serial number

39
 production
Size March,2015 Unit
time

Manufacturing plant Use unit

Original value 120000.00 Net worth 41600.00

Depreciation 78400.0 Residual value 4800.00

Reason for scrapping

Due to overloading of the simple warehouse line. Arcing high temperature, causing fire

Opinions of the asset management department Agree to scrap Factory opinion Agree

%……………………………………………………………………………………………………

（6）PXR paid for the cleaning fees of fire warehouse on December, 13, 2020.

ICBC Cheque for Transfer

（Xi’an） B H
03676300
02
Date of draft: December 13,2020 Paying bank: ICBC New Branch

Payee: Drawer's account number: 430002183421

Amount（RMB）: 2650.00

Purpose: Pay the warehouse cleaning fee

Please pay the above amount from my account

Signature of the drawer: Reviewer: Accounting clerk:

%……………………………………………………………………………………………………

40
 VAT Special Invoice
Name: PXR Incorporated Company

Taxpayer identification number:

3700117319200004172 Password
Purchaser
Address/phone number: area
Bank and account: Industrial and Commercial

Bank of China, NPU Sub-branch

Goods or taxable Specification Unit: Quantity: Unit price: Tax rate: Tax:

services, service names: model:

Warehouse cleaning fee 1 2500 6% 150.00

Total: ¥2500.00 ¥150.00

Total price
¥ 2650.00
and tax
Name: Labor service company

Taxpayer identification number:

91123456789012345Address/phone
Seller Remarks
number:190528113675672

Bank and account: Industrial and Commercial

Bank of China second Branch Office

Payee: Review: Issuer: Seller:

%……………………………………………………………………………………………………

（7）PXR received compensation from insurance company on December 13.

China Insurance Company Chengdu Branch

Claim number 02120648 Insured

Insurance policy number 02010072

41
 Assets such as buildings
Number Secured item
and buildings

Insurance amount 120000 Guarantee condition

From December1, 2020 to Transportation and

Term Insurance
December 31, 2020 tonnage

Risk date 18:20, December 5, 2020

Reason for compensation

According to the insurance related laws and regulations, as well as the investment insurance list of the accident unit,

the public security bureau's fire cause identification book and other materials, the net loss of property is 95%, and

the rest is borne by the accident unit.

Indemnity calculation

The original value of the lost property is ￥120,000, the accumulated depreciation is ￥78,400, and the net value is

￥41,600, minus 5% of the unit that should be responsible for the accident is ￥2080, and the amount of

compensation should be ￥39,520.

Total ￥39,520.00

Approved: Checker: Prepared by:

%……………………………………………………………………………………………………

（ 8 ） The PXR company carry out the warehouse to clean up the net profit and loss on
December 31.

Fixed Assets Disposal Liquidation Profit and Loss Calculation

Clean up project Simple warehouse Reason for cleaning Fire damage

Fixed assets clearance debit balance Fixed assets clearance credits

Clean up expenditure content Amount Clean up revenue content Amount

Net value of fixed assets 41600 Insurance company indemnity 39520

Cleaning fee 2500

Total debit 44100 Total credit 39520

Total ￥4,580.00

Financial Officer: Prepared by: Review:

42
%……………………………………………………………………………………………………

2.3.4 Liability Accounting Training

（1）The banks’ short-term loan of interest of ￥1,000 was accrued this month on December
31.
Interest Expense Calculation
Project Amount

First month of the quarter

2000
(October)

The second month of the quarter

The amount of interest expenses that have been withdrawn in the 1000
(November)
current quarter
The third month of the quarter
1000
(December)

Total 4000

Actual payment of short-term borrowing interest for the quarter

The amount of interest that should be borne this month 1000

Checker: Miackman Maker: Li Ming

%……………………………………………………………………………………………………

（2）The PXR company obtained a working capital of ￥80,000 from ICBC on December
20.

43
 Industrial and Commercial Bank Of China Loan Certificate
December 20, 2020

PXR incorporated
Borrower Loan account 190620135430278 Deposit account 3700117319200004172
company

Loan amount ￥8,000.00

Production The term Agreed repayment date June 22, 2020
Use
turnover Six months Lending rates 5.42%

I borrowed the above loan to ensure Fractional repayment record

that it is used according to the Date Repayment Amount Balance Checker

prescribed purposes, and not used for

other purposes. Please use this

certificate to recover the loan when it

expires.

Bank approval opinion: President: Credit officer: Loan officer:

%……………………………………………………………………………………………………

（3）The insurance in next year is pre-paid through transfer cheque on December 21.
Minichurn Company of China Chengdu Branch
INSURANCE TRADL INVOICE
INVOICE
Payer:

Converge:

Policy No:PA201543039401000466 End No:1003126

Premium Amount: RMB 960.00

Marks:

Hand man Checker: Insurance company signature

Address Phone

%……………………………………………………………………………………………………

（4）The short -term loans were returned through bank deposits on December 17.

44
 Industrial and Commercial Bank of China loan Repayment Certificate

Type of loan: Liquidity loan December 18, 2020 Number:11

Payee name PXR incorporated company

Beneficiary Account 3700117319200004172 Loan Account 190620135430278

Industrial and

Bank account Commercial Bank of Bank account

China, NPU Sub-branch

Repayment amount ￥60,000.00

Abstract: Return of working capital loans

The above loan amount should be paid from the deposit Bank accounting department stamp

account of the basic deposit account of the unit.

Repayment unit signature

%…………………………………………………………………………………………………

（5）PXR paid the employees Alex subsidy ￥1350 on December 19.

Expense Voucher

December19,2020 Number:

Pay: employees Alex subsidy ￥1350

Cash payment

RMB: ¥1,350.00

Payee: Alex Accounting supervisor: Li Kang Cashier: Du Bing

%……………………………………………………………………………………………………

45
 （6）The PXR company got the short-term loans of ￥200,000 from ICBC on December 1.

Industrial and Commercial Bank of China Loan Certificate

December 1, 2020

PXR incorporated
Borrower Loan account 190620135430278 Deposit account 3700117319200004172
company

Loan amount ￥200,000.00

Production The term Agreed repayment date June 22, 2020
Use
turnover Six months Lending rates 5.42%

I borrowed the above loan to ensure Fractional repayment record

that it is used according to the Date Repayment Amount Balance Checker

prescribed purposes, and not used for

other purposes. Please use this

certificate to recover the loan when it

expires.

Bank approval opinion: President: Credit officer: Loan officer:

%……………………………………………………………………………………………………

（7）The company PXR paid the interest of short-term loan which is got on December 1 in
December 31.

Industrial and Commercial Bank Interest Paying List (Paying notification)

December 31, 2020

Account name PXR incorporated company Account

The start time and deadline December,1,2020-Febrary,28,2020

The type of loan Number The balance Total interest Interest rate The amount

46
 of loan of interest

131 200000 200000 5.42% 933.33

The amount of interest ￥933.33

Accountant: Checker: Wang Li Recording:

%……………………………………………………………………………………………………

（8）PXR company repay the money of the MOONCID company’s account of ￥50,000 on
December 24.

ICBC Cheque for Transfer

（Xi’an） B H
03676300
02
Date of draft: December24,018 Paying bank: ICBC New Branch

Payee: Drawer's account number: 430002183421

Amount（RMB）: 50000.00

Purpose: Pay the amount owed

Please pay the above amount from my account

Signature of the drawer: Reviewer: Accounting clerk: Li Ming

%……………………………………………………………………………………………………

2.3.5 Owner’s Equity Accounting Training

（1）The PXR company accepts the investment of APPLE Factory and increase the registered
capital on December 10.

47
 Investment Agreement (Excerpt)
Projection unit: APPLE Factory

Input unit: PXR Incorporated Company

Third, APPLE Factory invested ￥6650000 in PXR Incorporated Company, of

which fixed assets were ￥5650000 (including VAT, tax rate 13%), and

monetary funds were ￥1000000.

Fourth, APPLE Factory Investment accounts for 10% of the newly registered

capital of PXR Incorporated Company

Fifth, APPLE Factory will contribute to PXR Incorporated Company before

December 30, 2020.

%……………………………………………………………………………………………………

Industrial and Commercial Bank of China Bill Of Lading (Receipt Notice)

December 10, 2020 NO.0456

PXR Incorporated
Full name Full name APPLE Factory
Company

Account
Payee Account number 32400872201 Payer 44320030413
number

ICBC Division ICBC Huangxing Road

Bank account Bank account
Office Office

Amount ￥1000000
Transfer
Type of bill Number of bills 1
check

Ticket number

Review: Bookkeeping: Payee bank seal:

48
%……………………………………………………………………………………………………

Receipt

December 10, 2020 NO.60

Received APPLE Factory Investment

Amount: ￥1000000

Cause: Cash

Income payment Check

Receiving unit: PXR Incorporated Company Financial Officer: Zhang Wei Payee: Li Fei

%……………………………………………………………………………………………………

Fixed Asset Transfer Order

Projection unit: APPLE Factory

Amount unit:
Input unit: PXR Incorporated Company December 10,2020
￥10,000

Reason or basis for transfer Equity investment

Quan Estimate Useful Original Depreci Net book Both parties

Fixed asset name
tity d age life value ation value confirm the value

Generator set (300 339（Tax

1 10 8 350 70 280
kW) included）

Shearing
226（Tax
machine（KQ11- 1 7 4.5 300 100 200
included）
20*25）

Projection unit Input unit

Finance: Zhao Rui Official seal Finance: Wang Jia Official seal

Manager: Zhao Xia Manager: Wang Li

%……………………………………………………………………………………………………

49
 Fixed Assets Acceptance Form Amount unit: ￥10,000

December 10,2020 NO.001

Input unit's book value

Fixed Specificatio Qu Estim Usef Both parties
Origin Depr Net
asset ns and anti ated ul confirm the Remarks
al eciati book
name models ty age life value
value on value

Generator 339（Tax No need to

300kW 1 10 8 350 70 280
set included） install

Shearing KQ11- 226（Tax No need to

1 7 4.5 300 100 200
machine 20*25 included） install

Investors APPLE Factory

Equipment section: principal: Zhou Ming Manager: Wang Li

%……………………………………………………………………………………………………

VAT Special Invoice

Name: PXR Incorporated Company

Taxpayer identification number:

91007811200031547A

Address/phone number: No. 1 Youyi Password

Purchaser
Road, Chengdu City area

Tel: 67705093

Bank and account: ICBC Division Office

32400872201

Goods or taxable services, Specification Quantity: Unit price: Tax Tax:

service names: model: rate:

Generator set 300kW 1 300,000.00 13% 39,000.00

Shearing machine KQ11-20*25 1 200,000.00 13% 26,000.00

Total: ¥500,000.00 ￥65,000.00

50
Total

price and ¥565,000.00

tax

Name: APPLE Factory

Taxpayer identification

number:91460024786500111A

Address/phone number:30 Huangxing

Seller Remarks
Road, Xiangjiang City

Tel: 51124728

Bank and account: ICBC Huangxing Road

Office 44320030413

Payee: Zhao Rui Review: Song Ying Issuer: Luo Jing Seller:

%……………………………………………………………………………………………………

（2）The PXR company accepts donations from Basic Automobile Manufacturing Plant on
December 20.

Donation Asset Transfer Order unit: RMB

December 20, 2020 NO.001

Asset Specific Quan Estimate Useful Original VA Depreci Net book

Remarks
Name ation tity d age life value T ation value

Dongfeng 100,000. 13,0 Attached

45 seats 2 10 100,000.0
truck 00 00 invoice

Official seal Official seal

Donors Receiver
Manager: Song Ying Manager: Luo Jing

%……………………………………………………………………………………………………

51
 VAT Special Invoice

Name: PXR Incorporated

Company

Taxpayer identification number:

91007811200031547A
Password
Purchaser Address/phone number: No. 1
area
Youyi Road, Xi’an City

Tel: 67705093

Bank and account: ICBC

Division Office 32400872201

Goods or taxable Specification Unit Tax

Quantity: Amount Tax:
services, service names: model: price: rate:

Dongfeng truck 2 50,000.00 100,000.00 13% 13,000.00

Total: ¥100,000.00 ¥13,000.00

Total

price and ¥113,000.00

tax

Seller Name: Basic Automobile Remarks

Manufacturing Plant

Taxpayer identification

number:91370326542842115A

52
 Address/phone number:34

Maotai Road, Shanghai

Tel: 7889566

Bank and account: ICBC Datong

Road Office 445203003413

Payee: Wei Meng Review: Jin Zi Issuer: Bai Feng Seller

%……………………………………………………………………………………………………

（3）Capital reserve and earned surplus was transferred to paid-in capital by on December
25.

PXR Incorporated Company Documents

Resolution on the use of capital reserve and surplus reserve to transfer paid-in capital

After research, it was decided to use the capital reserve of ￥200 000 and the earned surplus of
￥300 000 to increase the paid-in capital.
…

Factory manager: Zhang Ying

PXR Incorporated Company

December 25, 2020

%……………………………………………………………………………………………………

53
2.3.6 Revenue Accounting Training

（1）PXR company sold 25 pieces of product A to the JOCKAY Company of the city, with a
unit price of ￥1400 per piece, 100 pieces of product B, and a unit price of ￥450 per piece on
December 2. The goods were issued and the payment was not received.

VAT Special Invoice

Name: JOCKAY company

Taxpayer identification number:

110000102620152026 Password
Purchaser
Address/phone number: area
Bank and account: Industrial and Commercial Bank of

China, the second branch of Xi’an 190604386792610

Goods or taxable services names: Specification model: Unit: Quantity: Unit price: Tax rate: Tax

Product A 25 1400 13% 4550

Product B

54
Total: 100 450 13% 5850

Total price
¥ 88818.00
and tax

Name: PXR Incorporated Company

Taxpayer identification number:

110102630101234618

Seller Address/phone number: 29 Ying pan road, Remarks

Chengdu city
Bank and account: Industrial and Commercial Bank of

China, the first branch of Xi’an 190604386792610

Payee: Review: Issuer: Seller:

%……………………………………………………………………………………………………

（2）The company sold goods on December 5.

VAT Special Invoice

Name: NEW Department store

Taxpayer identification number:

91530103100202245A
Password
Purchaser Address/phone number: No. 23,
area
Haibin Road, Tianjin 80012345

Bank and account: ICBC

Waterfront Branch 23814630

Goods or taxable services, Specification Unit

Quantity: Amount Tax rate: Tax:
service names: model: price:

Air conditioner ZCY 20 3,500.00 70,000.00 13% 9,100.00

fan SOD 20 900.00 18,000.00 13% 2,340.00

Total: ¥88,000.00 ¥11,440.00

Total price ¥99,440.00

55
and tax

Name: PXR Incorporated

Company

Taxpayer identification number:

91007811200031547A

Seller Address/phone number: No. 1 Remarks

Youyi Road, Xi’an City T:

67705093

Bank and account: ICBC

Division Office 32400872201

Payee: Review: Issuer: Seller

%……………………………………………………………………………………………………

（ 3 ） A set of QEW commercial central air conditioners was issued according to the sales
contract, and some of the purchase price was received in advance on December 8.
Sales Contract
PXR Incorporated Company (hereinafter referred to as Party A) and Rise Hotel (hereinafter referred to as Party

B) reached a purchase and sale agreement as follows:

1. A sells a set of QEW commercial central air conditioners to Party B, excluding the tax price of ￥128,000.
2. Party A is responsible for delivery to Party B on December 8, 2020, and will be responsible for installation

inspection from December 20, 2020 to December 30, 2020.

3. After installation and put into use, Party B will try it for one month. If there is quality problem, Party B has the

right to request return and Party A is responsible for compensation for loss.

4. The pricing tax of both parties is settled by check. Party B shall pay Party A 50% of the total amount on

December 8, 2020, and pay the remaining 50% when the installation inspection is completed.

5. This contract is notarized by the Qingdao Notary Public Office.

Party A: Legal representative and unit signature Party B: Legal representative and unit signature

Notary public: George

%……………………………………………………………………………………………………

56
 Industrial and Commercial Bank of China Transfer Check No 01737401

Date of issue December 8,2020 Payment line name ICBC Waterfront Branch

PXR Incorporated
Payee Drawer account 200238451246
Company

Amount ¥72,320.00

Use Payment

Please pay the above amount from my

Password: 198298738898
account.

Drawer signature: Review: Bookkeeping: Inspection:

%……………………………………………………………………………………………………

Receipt
Receipt code 23300XX00723
Billing date: December 8, 2020
Receipt number 09008006

Payment unit or individual Rise Hotel

Money content Advance payment Payment method Transfer check

Amount ¥72,320.00

Receipt signature: Payee signature: Matilda Remarks:

%……………………………………………………………………………………………………

ICBC Industrial and Commercial Bank of China Bill of Lading (Receipt Notice)
December 8,2020 NO.257

Full name PXR Incorporated Company Full name Rise Hotel

Account
Paye Account number 32400872201 200238451246
Payer number
e
ICBC Waterfront
Bank account ICBC Division Office Bank account
Branch

57
Amount ¥72,320.00

Transfer
Type of bill Number of bills 1
check

Ticket number 01737401

Review: Bookkeeping: Payee bank seal:

%……………………………………………………………………………………………………

（4）The company sold goods to the JOCKAY Company of the city on December 15. The
payment was ￥2260000. A cheque was received and it was sent to the bank.

Industrial and Commercial Bank of China Bill of Lading

Date: December 15,2020 Number:

Full name PXR Incorporated Company Full name JOCKAY Company

Account Account
3700117319200004172 190604386792610
number number
Payee Payer
Industrial and Commercial
Bank Industrial and Commercial Bank of Bank
Bank of China, the second
account China, NPU Sub-branch account
branch of Xi’an

Amount 2,260,000.00

Type of

bill

Number of

bills

Financial
Accounting: Recorder:
officer:

%……………………………………………………………………………………………………

（5）PXR sold goods On December 15. It is estimated that the probability of payment within

58
10 days is 90%, and the probability of payment over 10 days is 10%.
VAT Special Invoice

Name: Yahoo Commercial Building

Taxpayer identification number:

91120101520212201A

Purchase Address/phone number: No. 5, Passwor

r Commercial Road, Longhai City d area

Taxcode: 87612345

Bank and account: ICBC Longhai

Commercial Branch 23814636235

Goods or taxable Specification model: Quantity: Unit Amount Tax Tax:

services, service price: rate:

names:

Fan 50 800.0 40,000.00 13% 5,200.00

SOD
0

Total: ¥40,000.0 ¥5,200.0

0 0

Total

price and ¥45,200.00

tax

Name: PXR Incorporated Company

Taxpayer identification number:

91007811200031547A

Address/phone number: No. 1 Youyi Road, Xi’an

Seller Remarks
City;

Tel: 67705093

Bank and account: ICBC Division Office

32400872201

Payee: Review: Issuer: Seller:

%……………………………………………………………………………………………………

59
 PXR Incorporated Company Business Credit Certificate
December 15,2020
Credit type Credit sale Full name Yahoo Commercial Building

2110,
Credit condition Payment Unit Account number 23814636235
N130

Credit amount ¥45,200.00 Bank account ICBC

Financial manager Leon Purchase unit manager Irene

%……………………………………………………………………………………………………

（6）The payment was received (cash discount has been deducted) on December 24.

ICBC Transportation Credits Supplementary Report (Receipt Notice)

Date of December Bank

Bank number 24044 4653
Reporting preparation 24,2020 Rece number

bank iver Bank ICBC North

Bank name ICBC
name District Office

Account
Receiving 23004311133
number
unit
Name PXR Incorporated Company

Amount ¥44,296.00

Payment
Yahoo Commercial Building
unit name

Cause Deduction of discount: ￥904.00

The above amount has been received
The above amount has been Credit:
correctly
transferred. If there is any
The name of your ID: ID card Debit:
error, please contact us.
ID number: 370204196004133873

Bank seal: Receipt signature:

Date: December 24, 2020 Transfer date:

%……………………………………………………………………………………………………
60
 （7）The company sell waste materials on December 25.

Receipt
Receipt code 28300XX04726
Billing date: December 25, 2020
Receipt number 03040007

Payment unit or individual Etsy Aluminum Products Processing Factory

Money content Sales of waste materials Payment method Cash

Amount ¥2,486.00

Receipt stamp: Payee signature: Emma Remarks:

%……………………………………………………………………………………………………

VAT Special Invoice

Purchaser Name: Etsy Aluminum Products Password

Processing Factory area

Taxpayer identification number:

91265842012345678A

Address/phone number: No. 112, Wenhua

East Road, Jinan City T: 62439280

61
 Bank and account: ICBC Jinan Branch

376211289

Goods or taxable services, Specification Quantity: Unit Amount Tax rate: Tax:

service names: model: price:

Old aluminum window 110 20.00 2,200.00 13% 286.00

Total: ¥2,200.00 ¥286.00

Total

price and ¥2,486.00

tax

Name: PXR Incorporated Company

Taxpayer identification number:

91007811200031547A

Address/phone number: No. 1 Youyi

Seller Remarks
Road, Xi’an City

Tel: 67705093

Bank and account: ICBC Division Office

32400872201

Payee: Review: Issuer: Seller:

%……………………………………………………………………………………………………

（8）The remaining payment was received and the sales invoice was issued on December 30.

ICB
Industrial and Commercial Bank of China Bill of Lading (Receipt Notice)
C

December 30,2020 NO.258

PXR Incorporated
Full name Full name Rise Hotel
Company
Paye
Payee Account number 32400872201 Account number 200238451246
r
ICBC Waterfront
Bank account ICBC Division Office Bank account
Branch

Amount ¥72,320.00

62
 Transfer
Type of bill Number of bills 1
check

Ticket

number

Review: Bookkeeping: Payee bank seal:

%……………………………………………………………………………………………………

VAT Special Invoice

Name: Rise Hotel

Taxpayer identification number:

913701354461456A

Address/phone number: No. 44, Haibin Password

Purchaser
Road, Xi’an City area

Tel: 89000123

Bank and account: ICBC Waterfront

Branch 200238451246

Goods names: Specification model: Quantity: Unit price: Amount Tax rate Tax:

Air conditioner QEW 1 128,000.00 128,000.00 13% 16,640.00

Total: ¥128,000.00 ¥16,640.00

Total price and tax ¥144,640.00

Name: PXR Incorporated Company

Taxpayer identification number:

91007811200031547A

Address/phone number: No. 1 Youyi

Seller Remarks
Road, Xi’an City

Tel: 67705093

Bank and account: ICBC Division Office

32400872201

Payee: Review: Issuer: Seller

63
%……………………………………………………………………………………………………

（9）Carry forward product cost on December 31.

Product Outbound Order

December 31,2020

Name Quantity: Unit cost Amount

ZCY air conditioner 20 3,000.00 60,000.00

SOD fan 70 600.00 42,000.00

QEW air conditioner 1 100,000.00 100,000.00

Fill in the form: Manager:

%……………………………………………………………………………………………………

2.3.7 Other Business Accounting Training

（1）The company paid the advertising fee on December 4.

VAT Special Invoice
Name: PXR Incorporated Company

Taxpayer identification number:

91007811200031547A

Address/phone number: No. 1 Youyi Password

Purchaser
Road, Xi’an City area

Tel: 67705093

Bank and account: ICBC Division Office

32400872201

Goods names: Specification model: Quantity: Unit price: Amount Tax rate Tax:

Advertising fee 1 2,020.00 2,020.00 6% 121.20

Total: ¥2,020.00 ¥121.20

Total price and tax ¥2,141.20

Seller Name: Yandex Advertising Company Remarks

64
 Taxpayer identification number:

91370832465115204A

Address/phone number:NO.2 Weigong

Road, Xi’an

Tel: 56973003

Bank and account: China Minsheng Bank

Tianzhu Sub-branch 0120014210001135

Payee: Review: Issuer: Seller

%……………………………………………………………………………………………………

（2）The company paid interest on the loan (assuming the current month) on December 6,.

ICBC Loan Interest Notice

Loan Account name PXR Incorporated Company Account number 32400872201

Interest calculation time September 6,2020-December6,2020 The loan interest on the left column

has been paid from your

Monthly interest rate 8.895%
organization account.

Interest amount: ¥4,447.50 Bank seal

%……………………………………………………………………………………………………

（3）The company received settlement interest on deposits on December 6.

ICBC Deposit Interest Notice

65
Account name: PXR Incorporated Company Account number: 32400872201

Interest calculation time September 6,2020-December6,2020 The interest on the left column has

Monthly interest rate 2.625% been credited to your unit account.

Interest amount: ¥962.50 Bank seal

%……………………………………………………………………………………………………

（4）The company paid the bank's cost, postage and handling fees on December 9.

ICBC Settlement Business Fee Voucher (Return)

Account number 32400872201 December 9, 2020

Account name PXR Incorporated Company

Requisition Cost Postage Handling fees

Quantity
name Unit price Amount Unit price Amount Unit price Amount

Bank remittance
6 0.35 2.1 300 1800 12.5 75
letter

Wire transfer 2 0.45 0.9 110 220 12.5 25

Total ¥2,123.00
Bank seal
Supervisor: Accounting: Review: Bookkeeping:

%…………………………………………………………………………………………………

66
 （5）The company paid sewage charges on December 23.

Industrial and Commercial Bank of China Bill Of Lading (Receipt Notice)

December 23, 2020

Xi’an Heaping District

Full PXR Incorporated
Full name Environmental Supervision
name Company
Station

Payer Account Payee

32400872201 Account number 53007008412
number

Bank ICBC Division

Bank account Bank of Communications
account Office

Name and content of harmful

Unit Monthly emissions Collection standard Amount
substances

SO2 kg 49980 0.2*50% ¥4,998.00

Total: ¥4,998.00

%……………………………………………………………………………………………………

（6）Paying housing property tax on December 23.

Tax Payment Book

December 23, 2020

Code 91007811200031547A

PXR Incorporated Budget Funds Property tax

Full name
Payment Company account

unit Account number 32400872201 Grade Municipal level

Bank of Communications
Bank account ICBC Division Office Collection treasury
Taitung District Office

Period of payment: December 2020-December 2020 Tax payment deadline: December 23,2020

name Quanti Tax Tax rate Deducti Actual tax

67
 ty amount on

Property
9500000 1.20% 57000 57,000.00
value

Total ¥57,000.00

Tax The above amount has been received

Payment unit
office and transferred to the receiving unit
signature Remarks:
seal account

Manager Filler Treasury Bank Seal December 23,2020

%……………………………………………………………………………………………………

（7）The company paid the evaluation fee on December 24.

VAT Special Invoice

Name: PXR Incorporated Company

Taxpayer identification number:

91007811200031547A
Password
Purchaser Address/phone number: No. 1 Youyi
area
Road, Xi’an City T: 67705093

Bank and account: ICBC Division

Office 32400872201

Unit
Goods names: Specification model: Quantity: Amount Tax rate: Tax:
price:

Evaluation fee 1 2,547.17 2,547.17 6% 152.83

Total: ¥2,547.17 ¥152.83

Total

price and ¥2,700.00

tax

Seller Name: Sigma Certified Public Remarks

Accountants

Taxpayer identification number:

91230100717881837M

68
 Address/phone number: NO.328

Zhongxing Road, Xi’an

Tel: 84725381

Bank and account: ICBC ZTE Branch

428117200410

Payee: Review: Issuer: Seller:

%……………………………………………………………………………………………………

（8）The company paid the health penalty in cash on December 25.

Xi’an City Unified Receipt

Receipt code 28800XX00543

Billing date: December 25,2020
Receipt number 09701054

Payment unit or individual PXR Incorporated Company

Money content Fine Payment method Cash

Amount ¥100.00

Receipt stamp Payee signature Remarks

%……………………………………………………………………………………………………

（9）The profit from the joint venture was received on December 26.

ICBC Industrial and Commercial Bank of China Bill of Lading (Receipt Notice)

December 26, 2020 NO.78

PXR Incorporated
Full name Full name Star Business
Company

Paye Account
Payee Account number 32400872201 25639841578
r number

ICBC District
Bank account ICBC Division Office Bank account
Office

69
Amount ¥53,000.00

Transfer
Type of bill Number of bills 1
check

Ticket

number

Review Bookkeeping Payee bank seal

%……………………………………………………………………………………………………

（10）The company donated two cars on December 30.

Product Outbound Order

December 30, 2020 NO.238

name Specification model: Quantity: Unit cost Amount

Closed dump truck QML 2 25,400.00 50,800.00

Total ¥50,800.00

Fill in the form: Easter Manager: Colin

%……………………………………………………………………………………………………

70
 VAT Special Invoice

Name: Chengdu City

Environmental Sanitation Bureau

Taxpayer identification number:

91062289063528812M
Password
Purchaser Address/phone number: No. 407,
area
Heping Road, Xi’an City

Tel: 4628700

Bank and account: ICBC

Waterfront Branch 200238451246

Goods or taxable Specification Unit

Quantity: Amount Tax rate: Tax:
services, service names: model: price:

Closed dump truck QML 2 25400.00 50800.00 13% 6604.00

Total: ¥50,800.00 ¥6604.00

Total

price and ¥57404.00

tax

Name: PXR Incorporated Company

Taxpayer identification number:

91007811200031547A

Address/phone number: No. 1 Youyi Road,

Seller Remarks:
Xi’an City

Tel: 67705093

Bank and account: ICBC Heping District Office

23089864321

Payee: Emma Review: Issuer: Anne Seller

%……………………………………………………………………………………………………

（11）The company received the national debt principal and interest on December 18.

71
 Trading Securities Certificate
December 18, 2020

Securities name Number Quantity Face value buying price amount

2020 national debt 8015-8059 45 87,000.00 120% 104,400.00

Total ¥104,400.00

Cashier:NO8 Review: NO.9 Manager: Yan

%……………………………………………………………………………………………………

Industrial and Commercial Bank of China Bill of Lading (Receipt Notice)

ICBC

December 18, 2020 NO.321

PXR Incorporated Xi’an City Finance Bureau National

Full name Full name
Company Debt Service Department

Account Account
Payee 32400872201 Payer 23065841256
number number

Bank ICBC Division

Bank account ICBC Heping District Office
account Office

Amount ¥104,400.00

Type Transfer
Number of bills 1
of bill check
Ticket number

Review Bookkeeping Payee bank seal

%……………………………………………………………………………………………………

（12）The company pays overdue payment and fines on December 18.

Tax Overdue Payment, Fine Payment Form

December 18, 2020

Payment unit Full name PXR Incorporated Income Xi’an City Taxation Bureau

72
 Company agency and Peace Branch

Account number 32400872201 Budget level Municipal level

ICBC Division Treasury

Bank account ICBC Heping District Office
Office collection

Period of payment: 2020/9 Tax payment deadline: December 20,2020

Tax Days Addition Fine

Tax type Inbound tax
payable Overdue ratio（%） multiple

Overdue
9800 100 2 1 11,760.00
payment, fine

Total ¥11,760.00

The above amount has been

Payment unit Tax authorities received and transferred to the

Remarks
receiving unit account

（Stamp） （Stamp） Treasury Bank Seal

%……………………………………………………………………………………………………

（ 13 ） The company paid a fine for violation of the Environmental Protection Law on
December 27.

ICBC Entrusts Bank Receipt Settlement Voucher (Payment Notice)

December 27, 2020

PXR
Xi’an Heping District Environmental
Full name Incorporated Full name
Supervision Station
Company

Payer Account Payee Account

32400872201 53007008412
number number

ICBC Division Bank Bank of Bank

Bank account 55012
Office account Communications number

Collection amount ¥1,540.00

Money content Sewage fine Entrusted receipt Number of

73
 attached
credentials name
documents

Remarks Payer attention: （slightly）

Supervisor: Ben Accounting: Carl Review: Tina Bookkeeping: Yan Payment unit bank seal

%……………………………………………………………………………………………………

（14）The company paid fake advertisement fines on December 10.

Riverside City Fine General Receipt

Payment unit: PXR Incorporated Company December 10,2020 No005602

Project The reason of penalty Amount

Article 24 of the Anti-Unfair Competition Law of

Fake advertisement 10,000.00
the People's Republic of China

Total ¥10,000.00

cash:

Remarks Payment method check: ν

draft:

Receiving unit: Xi’an Heaping District Market Supervision Bureau Supervisor: Manager: Joyce

%……………………………………………………………………………………………………

ICBC Transfer Check Stub

Extra information:

Date of issue December 10,2020

Payee Xi’an Heping District Market Supervision Bureau

74
 Amount ¥10,000.00

Use Fine expenditure

Supervisor: Accounting:

%……………………………………………………………………………………………………

（ 15 ） The company calculated the carry-over value-added tax (according to the relevant
column of the “tax should be added – VAT payable” detailed account, calculate and fill in the
“received and unpaid VAT calculation table on December 31”. “Transfer out of VAT” (accounting
voucher) Attachment: A VAT calculation form that should be paid and not paid.

Payable and unpaid VAT calculation form

Project Current sales tax Current input tax amount VAT payable in the current period VAT paid Transfer out of VAT

Amount

%……………………………………………………………………………………………………
（ 16 ） Please calculate urban maintenance and construction tax （ 7% ） and educational
surtax（3%） payable in December.

（17）Carry forward all profit and loss account to the “Current year profits” book attachment
voucher: net profit and loss account for the current year.

Net Profit and Loss Account

December 2020

General ledger account Net amount this month General ledger account Net amount this month

Prime operating cost Sales

75
Tax payable - business tax Other operating revenue

General and administrative

Investment income
expenses

Selling expensess Non-operating income

Financial expenses

Other operating costs

Non-operating expenses

Total Total

Financial officer: Checker: Maker:

%……………………………………………………………………………………………………

（ 18 ） Calculate the income tax payable this month at the tax rate of 25% and carry
forward （ National debt interest, donation expenditure and fine expenditure are tax adjustment
needs）.

（ 19）The income tax expense will be carried forward to current year profits account, and
carry forward current year profits account to profit distribution - undistributed profit account.

（20）Calculate earned surplus based on 10% of the profit after tax.

76
 Part 3 Make Financial Reports

The balances of each account at the beginning of December 2020 are as follows.

Table 3-1 The balance of account at the beginning of December 2020

Balance at the end of Balance at the end of
Accounting subject Accounting subject
November November

Cash 1967.00 Short-term loan 60000.00

Bank deposit 439938.00 Trade creditors 70450.00

Accounts receivable 134600.00 Among them: MOONCID company 50000.00

Among them: JOCKAY

86000.00 BOOCEND company 20450.00
company

SPRAT company 48600.00 Interest payable 2240.00

Material 368000.00 Paid-in capital 4331140.00

Stock goods 24000.00 Capital surplus 50000.00

Construction in progress 400000.00 Earned surplus 150000.00

Profit appropriation (undistributed

Fixed assets 3500000.00 350000.00
profit)

Accumulated depreciation 475000.00

Intangible assets 650000.00

Accumulated amortization 29675.00

%……………………………………………………………………………………………………

77
 Table 3-2 Profit and loss account accumulated in January-November 2020
Accounting subject Cumulative amount Accounting subject Cumulative amount

Main business income 4328990.00 Main business cost 3250814.00

Among them: product A 2597394.00 Among them: product A 1950488.40

product B 1731596.00 product B 1300325.60

Other operating income 52000.00 Other business expenses 26000.00

Tax payable - business tax 12864.00 Non-operating income 9400.00

Management costs 376022.00 Operating expenses 6200.00

Selling expenses 116350.00 Income tax expense 146735.00

Financial expenses 15200.00

%……………………………………………………………………………………………………

Table3-3 PXR Co., Ltd. Details of raw materials inventory at the beginning of December 2020
Project name Amount（kg） Unit(￥) Amount（￥）

A material 1800 90 162000.00

B material 2200 75 165000.00

Raw materials
C material 2000 20 40000.00

Lubricating oil 50 20 1000.00

Total 368000.00

Product A 65 1001 65065.00

Stock goods Product B 200 340 68000.00

Total 133065.00

%……………………………………………………………………………………………………

78
 Table3-4 Non-current assets of PXR Co., Ltd. at the beginning of December 2020
Accounting subject Item category Early month balance

Basic production Buildings 2000000.00

workshop Mechanical equipment 1000000.00

Fixed assets
Buildings 400000.00
Administration
Mechanical equipment 100000.00

Machine tool 180000.00

Construction in progress
Factory building 220000.00

Intangible assets Patent 650000.00

%……………………………………………………………………………………………………

Part 4 Appendix

4.1 General Journal

General Journal

Date Account Titles and Explanation PR Debit Credit

79
%……………………………………………………………………………………………………

4.2 Balance Sheet

BALANCE SHEET
December 31, 2020
Assets
January- December Total
November
Current assets
Cash and cash equivalents
Accounts and notes receivable
Less allowance for doubtful receivables
Inventories
Prepaid expenses
Total current assets
Investments

80
 Investment in bonds of PXR incorporated
company
Total investments
Property, plant, and equipment
NON-current assets
Land
Buildings
Machinery and equipment
Total property, plant, and equipment
Accumulated depreciation
Intangibles assets
Goodwill
Organization costs
Total intangible assets
Accumulated amortization
Total assets
Liabilities
Current Liabilities:
Short-term loan
Trade creditors
Tax payable
Dividends payable
Accrued liabilities
Deferred income tax payable
Total current liabilities
Long-term liabilities
Less unamortized discount
Minority interest in subsidiaries
Total Long-term liabilities
Deferred credits:
Deferred income tax payable

81
Total liabilities
Stockholders' equity
Paid-in capital
Total paid-in capital
Capital surplus
Retained earnings
Total stockholders' equity
Total liabilities and stockholders' equity

82
4.3 Income Statement

Income Statement
December 31, 2020

December January-November Total

Sales

Cost of merchandise sold

Gross profit

Operating expenses

Selling expenses

General and administrative expenses

Total operating expenses

Income from operations

Other revenue

Other expense

Tax payable - business tax

Interest expenses

Income from continuing operations before

Income from continuing operations

Income before extraordinary item

Extraordinary item:

Non-operating revenue

Loss on discontinued operations

Net extraordinary income

Income tax expense

Less applicable income tax

Net income

%……………………………………………………………………………………………………

83
84