1, land use rights are generally accounted for as intangible assets. In this case, enterprises generally buy a piece of land for their own use, self-management, and build their own office buildings or hotels. According to the accounting of fixed assets, when an enterprise purchases a building, under normal circumstances, the land use right and the above-ground buildings should be reasonably divided into intangible assets and fixed assets, but if it is difficult to allocate them reasonably, all of them are included in the fixed assets.
2. Legal basis: Article 11 of the Land Administration Law of the People's Republic of China.
Land collectively owned by peasants shall be managed by village collective economic organizations or villagers' committees if it belongs to village peasants collectively according to law; Farmers who have been collectively owned by more than two rural collective economic organizations in the village shall be managed by the rural collective economic organizations or villagers' groups in the village; Those that have been collectively owned by township farmers shall be managed by township rural collective economic organizations.
Second, are intangible assets current assets?
Intangible assets are not current assets, but non-current assets. Intangible assets include patents, non-patented technologies, trademarks, copyrights, land use rights and concessions.
Characteristics of intangible assets:
1, which has no physical form;
2. It is recognizable;
3. Belonging to non-monetary long-term assets, it can bring economic benefits to the enterprise in multiple accounting periods.