1. In case of scrapping, the book value of relevant inventory should be reduced, the reasons should be found out, and the report should be submitted to relevant departments for approval according to the management authority, waiting for processing. The entries are as follows:

Debit: loss and surplus of pending property (book value of scrapped inventory),

Loan: inventory goods,

Loan: Taxes payable-VAT payable (input tax transferred out).

2, if the direct sale of scrapped books to earn income, the entry is as follows:

Borrow: bank deposits, etc.

Loan: income from main business,

Loan: Taxes payable-VAT payable (output tax).

Borrow: main business cost,

Loan: loss and surplus of property to be disposed of (value of scrapped inventory).