How to enter the patent evaluation invoice

The patent evaluation fee is accounted for by the subject of "management fee-patent evaluation fee".

The increase of expenses is included in the debit accounting, and at the same time it will lead to the decrease of monetary funds, and the decrease of assets is included in the credit accounting.

The accounting treatment for obtaining invoices by paying patent evaluation fees is,

Borrow: management fee-patent evaluation fee,

Loan: bank deposits and other subjects.