During the preparation period, the land use right shall be amortized from the time of acquisition and included in the long-term deferred expenses.

The land use right acquired by the company belongs to intangible assets and should be amortized in the month of acquisition. If the company is in the preparation period, the amortized intangible assets-land use rights can be included in the long-term deferred expenses-organization expenses, namely:

Borrow: Long-term deferred expenses-organization expenses

Loan: accumulated amortization

If the preparation of the company is completed, the land use right will be amortized normally, namely:

Borrow: management fee

Loan: accumulated amortization

At this time, you should also amortize your long-term prepaid expenses-organization expenses, namely:

Borrow: management fee-organization fee

Loan: Long-term deferred expenses-organization expenses

Hope to adopt, thank you!