1. Purchase of patent rights
Debit: intangible assets - XX patent rights 1,000,000
Taxes payable - value-added tax payable (input tax) 60,000
Loan: bank deposit 1,060,000
2. Amortize according to the service life as agreed in the contract.
Annual amortization:
1000000÷10=100000
Accounting entries:
Debit: administrative expenses 100000
Credit: Accumulated amortization-XX patent right 100000
3. Sale of patent right
The amortized amount at the time of sale is:
100000X2 years =200000
Debit: bank deposit 954000
Accumulated amortization-XX patent 200000
Credit: intangible assets-XX patent 1,000000
Taxes payable - Value-added tax payable (output tax) 54,000
Profits and losses from asset disposal 100,000
Accounting entries are also called "bookkeeping formulas". Referred to as "entry". It is a record that lists the corresponding accounts of both parties and their amounts for each economic transaction based on the requirements of the double-entry accounting principle. Before registering an account, preparing accounting entries through accounting vouchers can clearly reflect the classification of economic business, which is conducive to ensuring the accuracy of account records and facilitating subsequent inspections. Each accounting entry mainly includes accounting symbols, related account name, summary and amount. Accounting entries are divided into two types: simple entries and compound entries. Simple entries are also called "single entries". An accounting entry that corresponds to a debit in one account and a credit in another account. Compound entries are also called "multiple entries." It refers to the accounting entries corresponding to the debits of one account and the credits of several accounts, or the credits of one account and the debits of several accounts.
Three elements
1. Accounting direction (debit or credit)
2. Account name (accounting account)
3. Amount
According to how many accounts an accounting entry involves, it can be divided into simple entries and compound entries.
Simple entries refer to accounting entries involving only two accounts, that is, one debit and one credit;
Compound entries refer to accounting entries involving two (excluding Accounting entries for two) or more accounts
Methods
(1) Borrow first and then lend, borrowing branch, debit at the top and credit at the bottom.
One borrow and one credit:
Debit: Account A Amount 1
Credit: Account B Amount 1
Borrow and one more credit:
Debit: Account A Amount 1
Debit: Account B Amount 2
Credit: Account C Amount 1 2
One borrow more Credit:
Debit: Account A Amount 1
Credit: Account B Amount 2
Credit: Account C Amount 1-2
(2) Borrow first and then lend, borrowing and lending go together, debit is on the left and credit is on the right.
One debit and one credit:
Debit account A, credit account B, amount 1
One more loan:
Debit account A, credit Account empty amount 1
Debit account B and credit account empty amount 2
Debit account empty credit account C amount 1 2
One debit and multiple credits:
Debit account A, credit account, empty amount 1
Debit account, credit account B, amount 2
Debit account, credit account C, amount 1-2
The types of accounting entries include simple entries and compound entries. Simple entries are entries for one debit and one credit; compound entries are entries for one debit and multiple credits, multiple borrows and one credit, and multiple borrows and multiple credits. Credit entry.
It should be pointed out that in order to keep the correspondence between accounts clear, it is generally not appropriate to combine different economic businesses together and prepare accounting entries for multiple borrowings and multiple loans. However, in some special circumstances, in order to reflect the overall picture of economic business, accounting entries for multiple borrowings and multiple loans can also be prepared.
Method
Beginners can follow the following steps when preparing accounting entries:
First: Analyze the accounts involved and analyze what is involved in the economic business The accounts change;
Second: the nature of the accounts, the nature of the accounts involved in the analysis, that is, what accounting elements they belong to, and whether they are on the left or right side of the accounting equation;
Third: Changes in increases and decreases, analyze and determine whether these accounts have increased or decreased, and the amount of increase or decrease;
Fourth: Accounting direction, based on the nature of the account and its changes in increases and decreases, Determine the debit or credit respectively recorded in the account;
Fifth: Prepare complete accounting entries according to the format requirements of accounting entries. Accounting entry chromatography
The chromatography method refers to a problem-solving method that divides the development process of things into several stages and levels, analyzes them step by step, and finally obtains the results. The use of chromatography method to teach accounting entries is intuitive and clear, and can achieve ideal teaching results. The steps are as follows:
1. Analyze and list the accounting subjects involved in economic business.
Accounting entries
Accounting entries
2. Analyze the nature of accounting accounts, such as asset accounts, liability accounts, etc.
3. Analyze the changes in the amounts of each accounting account.
4. Based on steps 2 and 3, combined with the economic content (increase or decrease) reflected by the debits and credits of various accounts, determine the direction of the accounting accounts.
5. Prepare accounting entries according to the accounting rules that every debit must be credited and debits must be equal.
At the same time, if you want to quickly master the correct application of accounting entries, you cannot rely on rote memorization, nor can you use the example entries given in an accounting textbook as a universal golden key. You can refer to the following Methods:
1. Memorize on the basis of understanding.
2. Smooth the correspondence between various subjects based on economic and business transactions.
3. Classify all economic businesses, find out the accounting subjects involved in various economic businesses, and figure out where those accounting subjects are used for accounting processing.
4. Contact the accounting standards and clarify the accounting content of each account based on the accounting subjects.
5. Focus on mastering accounting treatments such as asset impairment, changes in fair value, deferred taxes, and contingent liabilities.
6. Clarify cost collection and distribution, cost carryforward, profit and loss carryforward, and the provision and accounting of various taxes and fees.
7. Do more accounting exercises to strengthen your memory.