Buy a patent

The accounting entries are as follows:

1. When purchasing a patent:

Debit: management expenses-amortization of intangible assets is 36,000 yuan.

Loan: 36,000 yuan in bank deposit.

2. Monthly amortization:

New accounting standards:

Debit: management fee 200

Loan: Amortization of intangible assets 200

Old accounting standards:

Debit: Prepaid fee of 200

Loan: Amortization of intangible assets 200