The accounting entries of the company's epidemic subsidy include:
1. When the enterprise receives subsidies:
Debit: bank deposit
Credit: deferred income - government subsidies
2. When enterprises carry forward subsidies:
Debit: Deferred income - government subsidies
Credit: non operating income - government subsidies
3. When carrying forward the profits of the current year at the end of the period:
Debit: Non operating income - government subsidies
Credit: Profit of this year
Among them, deferred income refers to the income or income to be recognized, which is mainly reflected in the relevant contents of the leasing standards and the government subsidy standards. Non operating income, also known as "non operating income", refers to the income that is not directly related to the production and operation process and should be included in the current profits.