Tourism and Hospitality Accounting Restaurant Management

10. Upon receiving the goods in transaction 3, the enterprise pays the seller by bank transfer.

Request:

1/ Record the economic transactions that arise. 2/ Draw a T-diagram to monitor accounts 152 and 153.

Test 02 – time 45 minutes

Maybe you are interested!

Question 1: Describe the concept and characteristics of raw materials, tools and equipment.

Question 2: Minh Huong Travel - Hotel Company calculates VAT by the deduction method, accounts for inventory by the regular declaration method, and calculates the warehouse price by the average unit price method; in August/N, there are the following documents:

A - Beginning inventory:

- Raw materials: 2,000kg x 70,000 VND/kg

- Tools: 150 pieces x 120,000 VND/piece

B - The situation during the month is as follows:

1. Imported 2,000 kg of raw materials, purchase price excluding tax is 68,000 VND/kg, VAT 10%, no payment yet. Cash transportation cost including VAT 5% is 4,200,000 VND.

2. Pay in transaction 1 by bank transfer after deducting 1% payment discount on the pre-tax price.

3. Purchased 1,000kg of raw materials, pre-tax purchase price is 70,500 VND/kg, VAT 10%, received invoice but goods have not been imported into warehouse.

4. Export 3,000 kg of raw materials for product manufacturing.

5. Issue 80 tools and equipment (2-period allocation type):

- 50 units for production

- 20 units for sales

- 10 units for business management

6. Imported 1,000 kg of raw materials with CIF price of 60,000 VND, paid by bank transfer, import tax 15%, VAT 10%. Cost of transportation, installation and trial run to the enterprise including VAT 5% is 5,250,000 VND in cash.

7. Export 2,500 kg of raw materials for production.

8. Upon receiving the goods in transaction 3, the enterprise pays the seller by bank transfer.

Request:

1/ Record the economic transactions that arise. 2/ Draw a T-diagram to monitor accounts 152 and 153.

Test number 03 – time 45 minutes

Question 1: Describe the concept and tasks of payroll accounting?

Question 2: At a tourism - hotel business, there are documents in January 200N as follows: (Unit: VND)

* Beginning balance of some accounts: Account 111: 100,000,000

Account 112: 500,000,000

Account 152: 45,000,000

* Transactions arising in January 200N:

1. Withdraw money from bank to cash fund: 50,000,000

2. First salary advance for employees: 35,000,000.

3. Advance payment for employees on business trips in cash 5,000,000

4. Purchased raw materials for storage with a pre-tax value of 30,000,000, VAT 10%, not yet paid to the seller.

5. Purchase a 4-seater car for the business management department, purchase price excluding tax 450,000,000, VAT 10% paid by bank deposit.

6. Calculate the salary to be paid to employees in the month of 100,000,000. Deduct union funds, social insurance, health insurance, and unemployment insurance according to the prescribed rate.

8. Meal allowance to be paid to employees in the month 15,000,000 9. Bonus to be paid to departments in the month 10,000,000

10. Advance deduction of leave salary of direct workers 3,000,000

11. Purchase some office supplies for the office department, excluding tax, worth 2,000,000, VAT 10%, paid in cash.

12. Submit trade union fees, social insurance, health insurance, and unemployment insurance to superiors.

13. Pay all salaries and other payments to employees by bank transfer. During the month, there were some workers who took leave and did not receive it, so the company kept 10,000,000 VND for them.

Requirements: - Record economic transactions that arise

- Reflected in accounts 334, 338.

Test number 04 – time 45 minutes

Question 1: Describe the concept of sales revenue and service provision? Conditions for recording sales revenue and service provision?

Question 2: Viet Bach Travel Company (VAT is calculated by the deduction method, VAT is 10%) has 2 business departments: Tour guide business department, restaurant department.

* During the period, there were the following business-related transactions:

1. Purchase a 15-seat Toyota to supplement the tourist car fleet, purchase price 500,000,000 paid by bank deposit, 10% VAT, fuel cost for test run paid in cash 500,000 VND.

2. Purchase of raw materials for immediate use for the restaurant department, value excluding tax 50,000,000, VAT 10%, payment by bank transfer.

3. Organize a 10-day tour, additional costs paid in cash as follows:

- Fuel: 5,000,000 VND, VAT 10%.

- Accommodation and food for guests: 15,000,000 VND, VAT 10%.

- Ferry tickets, sightseeing tickets... 2,000,000 VND

- Issue souvenirs from warehouse to customers 500,000 VND.

4. Depreciation of fixed assets during the period: management department 5,000,000 VND, restaurant department 10,000,000 VND

5. Salaries payable in departments:

+ Management department: 20,000,000 VND.

+ Tour guide department: 25,000,000 VND.

+ Restaurant department 10,000,000

6. Deduct social insurance, health insurance, union funds, and unemployment insurance according to prescribed rates.

7. Must pay phone bill: (not including 10% VAT).

+ Management department: 3,000,000 VND.

+ Tour guide department: 2,000,000 VND.

+ Restaurant department 3,000,000

8. Electricity and water bills including 10% VAT must be paid for the management department at 660,000, and for the restaurant department at 1,650,000.

9. After finishing the Dinh Thai tour, the customer pays the full amount for the tour 100,000,000

10. Sales revenue from the goods department 120,000,000

Requirement: Record the above economic transactions. Determine the business results for the period, knowing that the corporate income tax rate payable is 25%.

17/ BHTN: Unemployment insurance 18/ KPCĐ: Trade union fund 19/ SDĐK: Beginning balance

20/ SDCK: Ending balance 21/ PS: Amount incurred during the period