Total assets = current assets + long-term investments + fixed assets + intangible assets and deferred assets + other assets.
How to calculate the total assets depends on whether the company has independent accounting. If the branch has independent accounting, the total assets will be determined based on the branch's own assets = liabilities + owners' equity. No independent accounting: Income tax is declared based on the distribution results, and other taxes need to be declared by yourself. That is, value-added tax is declared based on the income realized, and corporate income tax is declared based on the distribution results of the head office. This non-independence means that corporate income tax declaration is not independent, accounting processing and tax declaration are still independent, and income needs to be calculated separately.
Independent accounting, corporate income tax is declared based on the branch's profit statement.
Non-independent accounting, corporate income tax is declared based on the data allocated by the head office.
Total assets:
Refers to the total assets of the enterprise's balance sheet. The resources formed by the company's past transactions and events and owned or controlled by the enterprise. Total assets refer to all assets owned or controlled by the enterprise. These assets include current assets, long-term investments, fixed assets, intangible and deferred assets, other long-term assets, etc. .
Total corporate income tax assets”: The annual quarterly average of total assets reported by taxpayers, in ten thousand yuan, with 2 decimal places. The specific calculation formula is as follows:
Quarterly average Value = (beginning of quarter value + end of quarter value) ÷ 2
Full-year quarterly average = sum of annual quarterly averages ÷4
Opening or cessation of business activities in the middle of the year The actual operating period is used as a tax year to determine the above-mentioned relevant indicators.
The total assets at the beginning of the first quarter are filled in based on the total assets at the beginning of the year.
The initial value of the quarter: 1, 4. , Balance sheet data at the beginning of July and October
End of quarter value: Ending balance sheet data for March, June, September and December
Economic assets
Refers to the part of the net assets from which the ownership of assets has been defined and whose owners can obtain economic benefits due to their effective use, holding or disposal within a certain period of time. Total:
It is the owner’s equity, including: paid-in capital, capital reserve, surplus reserve, undistributed profits
Net assets (total owner’s equity) = total assets- Total liabilities
Total assets at the end of the year
refers to the value of assets at the end of each year in financial accounting. Total assets refer to the total assets of the company's balance sheet in the past transactions and events. Resources formed and owned or controlled by an enterprise. Total assets refer to all assets owned or controlled by the enterprise. These assets include current assets, long-term investments, fixed assets, intangible and deferred assets, and other long-term assets.