Specific business accounting entries:
Debit: liquidation of fixed assets
b
accumulated depreciation
c
Loans: fixed assets
a
In the above content
A is the original value of fixed assets, and C is the accumulated depreciation of fixed assets so far. B is the difference between the original value of fixed assets minus accumulated depreciation, that is, the actual fixed assets when they are cleaned up (including 5% residual value of depreciation accrued by net residual value method).
B is also used to offset other business expenses when doing other business income.
So: When selling vehicles, accounting entries:
Debit: bank deposit
x
Loans: other business income
x
Fixed assets should be cleared and carried forward when calculating profits in the income statement at the end of the period.
Debit: Other business expenses.
b
Loan: liquidation of fixed assets
b
Therefore, when calculating income tax, the taxable income of this part is:
X-b=K (taxable income from vehicle sales)
Extended data:
When an enterprise disposes of fixed assets due to sale, transfer, scrapping or damage, foreign investment, exchange of non-monetary assets, debt restructuring, etc. , its accounting treatment generally goes through the following steps:
First, fixed assets are transferred to liquidation. When the fixed assets are transferred to liquidation, the account of "Fixed Assets Liquidation" is debited according to the book value of the fixed assets, and accumulated depreciation has been accrued.
Debit the "accumulated depreciation" account, debit the "fixed assets impairment reserve" account according to the accrued impairment reserve, and credit the "fixed assets" account according to the book balance of fixed assets.
Second, the cost of cleaning up. The related expenses incurred in clearing the cost of fixed assets and the related taxes payable shall be debited to the account of "clearing fixed assets" and credited to the account of "bank deposits and taxes payable".
Third, the disposal of sales revenue and surplus materials. When an enterprise recovers the selling price, residual value and incomings of fixed assets, it shall offset the cleaning expenses. According to the actual sales price received and the income from the sale of surplus materials, debit "bank deposits", "raw materials" and other subjects, and credit "fixed assets cleaning" subjects.
Fourth, the handling of insurance compensation. The losses calculated or received by the enterprise that should be compensated by the insurance company or the negligent person should be offset, debited to other accounts receivable, bank deposits and other subjects, and credited to the fixed assets liquidation subject.
Fifth, clean up the net profit and loss. The net loss after the liquidation of fixed assets belongs to the normal disposal loss during the production and operation period, which is debited to the subject of "non-operating expenses-disposal of non-current assets loss" and credited to the subject of "liquidation of fixed assets".
Belongs to the production and operation period due to natural disasters and other abnormal reasons, debit the "non-operating expenses-very loss" subjects, credited to the "fixed assets cleaning" subjects. After the completion of the liquidation of fixed assets, the net income shall be debited to the account of fixed assets liquidation and credited to the account of non-operating income.
Other business income:
1. This account accounts for sales or other business income other than the main business income of the enterprise, such as material sales, purchasing and consignment, packaging and rental and other income.
Realization principle of other business income is the same as realization principle of main business income.
Two, the enterprise sales of raw materials, according to the sales price and value-added tax receivable, debit "bank deposits", "accounts receivable" and other subjects, according to the realized operating income.
At the end of each month, according to the actual cost of selling raw materials, debit "other business expenses" and credit "raw materials". Enterprises that use planned cost accounting for raw materials should also share the difference in material costs.
After receiving the rent of the rental package, according to the value-added tax indicated on the special invoice, debit "cash", "bank deposit" and other subjects and credit this subject.
Credit the subject of "tax payable-VAT payable (output tax)"; For the margin confiscated from overdue packaging, the difference after deducting the value-added tax payable shall be debited to the subject of "Other Payables" and credited to the subject.
Enterprises take the way of collecting commission fees to sell goods on a commission basis, and the commission income obtained shall be debited to the subject of "Accounts Payable-Entrusted Consignment Unit" and credited to this subject.
Three, this course should be based on the types of other businesses, such as "material sales", "purchasing agent", "packaging rental" and other detailed subjects.
Four, at the end of the period, the balance of the undergraduate project should be transferred to the "profit this year" subject, and there is no balance in this subject after the carry-over.
Baidu Encyclopedia-Fixed Assets Clearing
Baidu Encyclopedia-Other Business Income