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/share capital
Capital reserve-capital (equity) premium
How to understand intangible assets?
Intangible assets refer to identifiable non-monetary assets owned or controlled by enterprises without physical form, mainly including patent rights and trademark rights. "Intangible assets" belong to the asset category.
What is paid-in capital?
Paid-in capital refers to the capital actually received by an enterprise from investors and is the source of the total legal capital registered by the enterprise. When the paid-in capital of an enterprise increases or decreases by more than 20% compared with the original registered capital, it shall apply to the original registration authority for change registration with the certificate of capital use or capital verification. The "paid-in capital" account belongs to the owner's equity account, and the final credit balance reflects the paid-in capital or total share capital of the enterprise.
What is capital reserve?
Capital reserve refers to the accumulation fund formed by accepting donations, share capital premium and revaluation and appreciation of legal property in the course of business operation, which has nothing to do with enterprise income. Its ownership belongs to investors, and only when the amount invested by investors exceeds the legal capital can there be capital reserve. "Capital reserve" is an owner's equity account, which is used to calculate the gains and losses received by an enterprise from investors that exceed its share of registered capital or share capital. It is directly included in the owner's equity and should be accounted for in detail according to "available-for-sale financial assets" and "capital premium" respectively. The final credit balance reflects the balance of enterprise capital reserve.