When an enterprise sells intangible assets, the difference between the price obtained and the book value of the intangible assets shall be included in the current profits and losses (non-operating income or non-operating expenses).
The amortization period is 10 years, and the straight-line method is used for amortization. It has been amortized for 5 years, and the cumulative amortization is (200÷10×5).
Intangible assets Book value = 200 - (200÷10×5),
The income obtained when selling is 1.4 million yuan, the business tax rate is 5%, the business tax payable = 140×5%
Sale Impact on profit and loss = 140-[200-(200÷10×5)]-140×5%=33 (ten thousand yuan).
The accounting treatment is:
Debit: bank deposit 140
Cumulative amortization 100
Credit: intangible assets 200
Taxes payable - business tax payable 7
Non-operating income - gains from disposal of non-current assets 33