A company is a general taxpayer of value-added tax. It sold the right to use a certain non-patented technology and obtained a tax-exclusive price of 300,000 yuan. The price and tax were received in a

A company is a general taxpayer of value-added tax. It sold the right to use a certain non-patented technology and obtained a tax-exclusive price of 300,000 yuan. The price and tax were received in a check.

The sale of the right to use a certain non-patented technology is a technology transfer service, and the applicable tax rate is 6.

Output tax=300000*6=18000

Entry

Debit: bank deposits/accounts receivable/notes receivable 318000

Loan: Other business income 300,000

Taxes payable - value-added tax payable (output tax) 18,000

Please adopt if you are satisfied!