Accounting treatment for labor union consolation payments during the epidemic

1. During the epidemic period, when the trade union distributed condolence payments through bank accounts:

Debit: Rights protection expenditures - expenditures to support employees in need

Credit: Bank deposits

2. During the epidemic period, when the trade union distributed condolence payments in cash:

Debit: Expenditure for rights protection - expenditure to support employees in need

Credit: Cash in stock

When the trade union distributes condolence payments to employees during the epidemic, it needs to be processed through the "rights protection expenditure" account in accordance with the requirements of the "Trade Union Accounting System". The "rights protection expenditure" account mainly accounts for the maintenance used by the union in daily operations. Expenditures on employee rights include labor relations coordination, labor protection, legal aid, assistance to employees in need, warmth and other rights protection expenses.