Receiving accounting entries of patent investment
Borrow: intangible assets (record the value agreed in the contract or agreement)
Taxes payable-VAT payable (input tax)
Loan: paid-in capital or equity.
Capital reserve-capital (equity) premium
Accounting entries for accepting cash assets investment
Debit: bank deposit (issue price, handling fee and commission)
Loans: paid-in capital (share agreed by both parties of a limited liability company) and share capital (par value of a joint stock limited company).
Capital reserve-capital premium and equity premium (balance inversion)
What is intangible assets?
Intangible assets refer to identifiable non-monetary assets owned or controlled by enterprises without physical form, which are divided into broad sense and narrow sense: intangible assets in broad sense include monetary funds, financial assets, long-term equity investment, patent rights, trademark rights and so on. In a narrow sense, intangible assets are patent rights, trademark rights and so on.
What is paid-in capital?
Paid-in capital refers to the capital invested by investors in an enterprise according to its articles of association or contracts and agreements. The mode of contribution can be monetary or non-monetary. Non-monetary investment shall meet the following requirements: it can be valued in currency; Can be transferred according to law (except as otherwise provided by law). A company limited by shares uses an equity account, and enterprises other than a company limited by shares use a paid-in capital account.
What is capital reserve?
Capital reserve refers to the capital invested by investors or others, which belongs to investors and the investment exceeds the statutory capital.