1. The economic transactions of Longhua Company in February 20×1 are as follows (value-added tax is not considered for purchase and sale transactions).
2. 
   
3. (1) On February 1, the capital fund of 500,000 yuan invested by investors in the company was deposited in the bank.
4. 
   
5. (2) On February 3, 150,000 yuan was purchased for materials, and the payment was temporarily owed, and the materials have been checked and put into storage.
6. 
   
7. (3) On February 5, a device that does not need to be installed was purchased for 180,000 yuan, paid with bank deposits, and the device has been delivered for use.
8. 
   
9. (5) On February 7, I received a notice from the bank to repay the due bank short-term loan of 200,000 yuan with bank deposits and pay interest of 7,000 yuan.
10. 
    
11. (6) On February 9, cash was withdrawn from the bank to pay 80,000 yuan in wages for the employees last month.
12. 
    
13. (7) On February 12, use bank deposits to pay for the materials purchased on the 3rd.
14. 
    
15. (8) On February 20, pay the exhibition fee of 8,000 yuan and the advertising fee of 50,000 yuan with bank deposits.
16. 
    
17. (9) On February 28, use bank deposits to pay the water and electricity bills of 14,000 yuan for the administrative department this month.
18. 
    
19. (10) On February 28, according to calculations based on records, 50,000 yuan of wages for production workers and 30,000 yuan of wages for administrative staff should be paid this month.

According to the above economic business, prepare relevant accounting entries.

Answer rating: 100% (QA)

Based on the economic transactions provided here are the relevant accounting entries for Longhua Com... View the full answer