I. Disposal of assets impairment
When a company sells fixed assets, it first needs to reflect the decrease of the assets in the accounting books. This usually includes filling in accounting entries for the decrease of fixed assets and subtracting the sold fixed assets from the company's total assets. The specific accounting entries may vary according to the company's accounting system and accounting standards, but generally speaking, accounts such as "bank deposit" or "cash" should be debited to reflect the inflow of sales funds and credited to the "fixed assets" account to reflect the reduction of fixed assets.
Second, cash inflow treatment
The funds obtained from the sale of fixed assets shall be regarded as the cash inflow of the company. In the accounting books, the fund should be recorded in the "bank deposit" or "cash" account to reflect the increase of the company's cash. At the same time, it is also necessary to record other expenses related to the sale of fixed assets, such as agency fees and taxes. , should be deducted from the sales revenue.
Third, tax treatment.
The sale of fixed assets may involve the handling of taxes and fees. According to the tax law, the company may have to pay related taxes and fees when selling fixed assets, such as value-added tax and income tax. In accounting treatment, the tax payable should be calculated according to the provisions of the tax law and recorded in the accounting books. This usually involves filling in accounting entries related to taxes, recording taxes payable in accounts such as "taxes payable" and deducting taxes paid from accounts such as "bank deposits" or "cash".
In addition, the company's sale of fixed assets may also involve other accounting treatment and statement disclosure matters, such as asset impairment testing and related information disclosure. These need to be dealt with specifically according to the company's accounting system and accounting standards.
To sum up:
The accounting treatment of the company's sale of fixed assets mainly involves asset reduction, cash inflow and possible tax treatment. The specific accounting treatment steps need to be carried out according to the company's accounting system and related accounting standards. In the process of handling, we should ensure the accuracy and compliance of accounting entries to reflect the real financial situation and operating results of the company.
Legal basis:
People's Republic of China (PRC) accounting law
Article 9 provides that:
All units must conduct accounting according to actual economic and business matters, fill in accounting vouchers, register accounting books and prepare financial and accounting reports. No unit may use false economic and business matters or materials for accounting.
Article 10 stipulates:
The following economic and business matters shall go through accounting procedures and conduct accounting:
(1) Receipt and payment of currency and securities;
(two) the receipt, increase or decrease and use of the property;
(3) The occurrence and settlement of creditor's rights and debts;
(4) Increase or decrease capital.
(5) Calculation of income, expenditure, expenses and costs;
(six) the calculation and processing of financial results;
(seven) other matters that need to go through accounting procedures and conduct accounting.