Accounting processing 1
Accounting processing for purchase of land and related taxes and fees paid:
Debit: Intangible assets - Land use rights 10 million
Credit: Bank deposit 10 million
Reference:
"Enterprise Accounting Standard No. 6 - Intangible Assets" Article 13 stipulates: The cost of purchasing intangible assets, including the purchase price, related taxes and fees, and other expenses directly attributed to the asset to achieve its intended use.
Accounting processing 2
Accounting processing of loan interest paid by an enterprise to purchase land from a bank:
Debit: Financial expenses-interest expenses 800,000
Loan: Bank deposits 800,000
Reference:
"Regulations on the Implementation of the Enterprise Income Tax Law" Article 37 stipulates that if an enterprise borrows for purchasing and building fixed assets, intangible assets and inventory that can reach a predetermined salesable state after more than 12 months of construction, the reasonable loan expenses incurred during the purchase and construction of the relevant assets shall be included in the cost of the relevant assets as capital expenditures and deducted in accordance with the provisions of this Regulations.
Accounting processing 3
Enterprises purchase land to set aside stamp duty on :
Debit: Tax and surcharge 50,000
Loan: Tax payable - stamp duty 50,000
Reference:
" Stamp Tax Law of the People's Republic of China " (People's Republic of China Presidential Order No. 89) Article 1 Units and individuals who write taxable vouchers and conduct securities transactions within the territory of the People's Republic of China are taxpayers who are stamp duty and shall pay stamp duty in accordance with the provisions of this Law.
The taxable certificate referred to in this Law refers to the contract, property transfer letter listed in the "Stamp Tax Tax Rate Table" attached to this Law, and the business account book according to and the business book.
According to the "Stamp Tax Table" attached to the "Stamp Tax Catalog" of the People's Republic of China, the tax rate is 5% of the price of the transfer of ownership of buildings and structures such as land use rights, houses, etc. (excluding land contract management rights and transfer of land management rights)
Accounting processing Four
Land purchased by enterprises is amortized annually:
Debit: Management expenses- Amortization of intangible assets 200,000
Credit: Cumulative amortization of 200,000
Note:
If used for factory construction, the construction period can be included in the construction project under construction.
loan: under construction - amortization of intangible assets 2 million yuan
loan: cumulative amortization of 2 million yuan
reference:
1. Article 67 of the "Regulations on the Implementation of the Enterprise Income Tax Law of the People's Republic of China" stipulates that intangible assets amortization expenses calculated by linear method shall be deducted. The amortization period of intangible assets shall not be less than 10 years.
is an intangible asset invested or acquired, and if the relevant legal provisions or contract stipulate the service life, it may be amortized in installments according to the provisions or agreed service life.
2. Article 65 of the " Enterprise Income Tax Law Implementation Regulations of the People's Republic of China " stipulates that the intangible assets referred to in Article 12 of the Enterprise Income Tax Law refer to non-monetary long-term assets held by enterprises in order to produce products, provide services, rent or operate and manage, without physical form, including patent rights, trademark rights, copyrights, land use rights, non-patent technology , goodwill, etc.
accounting processing five
corporate factory construction expenditure to obtain construction company project payment invoice accounting processing:
loan: under construction project 20 million yuan
taxes and fees payable-value-added tax payable- input tax amount 1.8 million yuan
loan: bank deposit 21.8 million yuan
accounting processing six
enterprise factory construction completed carry-over fixed assets accounting processing:
loan: fixed assets - factory building 22 million yuan
loan: under construction project 22 million yuan
Note:
When the land use right is used to develop and build a factory or office building for self-use, the land use right is still calculated as intangible assets, and the above-ground buildings are recorded as fixed assets, amortized and depreciated respectively.There is no need to transfer land use rights to fixed assets as the cost of a house and building.
Reference:
1. According to "Enterprise Accounting Standard No. 6 - Intangible Assets" Application Guide 6. Processing of Land Use Rights
The land use rights obtained by an enterprise should usually be recognized as intangible assets, but if the purpose of the land use rights is changed to earn rent or capital appreciation, it should be converted into investment real estate.
develops and builds factories and other buildings by themselves, and the relevant land use rights and buildings should be handled separately. The price paid for purchases of land and buildings shall be distributed between the building and the land use right; if it is difficult to allocate reasonably, it shall be used as fixed assets.
Enterprises (real estate development) acquire land for construction of houses and buildings for sale, and the relevant land use rights book value should be included in the cost of the houses and buildings built.
2. According to Article 9 of "Enterprise Accounting Standards No. 4 - Fixed Assets", the cost of constructing fixed assets by themselves is composed of the necessary expenses incurred before the construction of the asset reaches the predetermined usable state.
3, "Enterprise Accounting Standards No. 4 - Fixed Assets" Application Guide stipulates that if the fixed assets built have reached the predetermined usable state but have not yet completed the final settlement of completion, the fixed assets shall be transferred to the fixed assets according to the project budget, cost or actual project cost, based on the project budget, construction cost or actual project cost, and the fixed assets shall be depreciated in accordance with the relevant provisions on arranging the depreciation of fixed assets. After completing the final settlement procedures, the original temporary value will be adjusted, but the original depreciation amount will not be adjusted.
4. According to Article 56 of the "Regulations on the Implementation of the Enterprise Income Tax Law", fixed assets built on their own shall be based on the expenditure incurred before completion and settlement.
Accounting processing 7
Accounting processing of factory wall expenditure during the construction of enterprise factory buildings:
Debit: Under construction project 1 million yuan
Taxes and fees payable-Value-added tax payable-input tax amount 90,000
Loan: Bank deposit 1.09 million yuan
Carry-forward:
Debit: Fixed assets-fence 1 million yuan
Loan: Under construction project 1 million yuan
accounting treatment for eight
corporate factory or office buildings on time depreciation accounting treatment:
debit: management expenses
manufacturing expenses
credit: cumulative depreciation
reference:
1. Article 59 of the "Regulations on the Implementation of the Enterprise Income Tax Law" stipulates that depreciation of
fixed assets shall be deducted according to the linear method. Enterprises shall calculate depreciation from the next month of the month when the fixed assets are put into use; fixed assets that have been stopped shall stop calculate depreciation from the next month when the fixed assets are put into use.
2. Article 60 of the "Regulations on the Implementation of the Enterprise Income Tax Law" stipulates that: unless otherwise stipulated by the State Council's financial and tax authorities, the minimum period for calculating depreciation of fixed assets is as follows:
① Houses and buildings are 20 years;
② Aircraft, train, ship, machines, machinery and other production equipment are 10 years;
③ Equipment, tools, furniture, etc. related to production and operation activities are 5 years;
④ Transportation tools other than aircraft, trains, and ships are 4 years;
⑤ Electronic equipment is 3 years.
The minimum depreciation period for enterprises to purchase used fixed assets shall not be lower than the minimum depreciation period stipulated in the Implementation Regulations, and the remaining period after depreciation period is minus the service life.
3. According to the "Notice of the State Administration of Taxation on Several Tax Issues Concerning the Implementation of the Enterprise Income Tax Law" (State Tax Letter [2010] No. 79), after the enterprise's fixed assets are put into use, and the project funds have not been settled and the full invoice has not been obtained, the amount stipulated in the contract can be temporarily included in the tax basis for fixed assets, and the depreciation can be made after the invoice is obtained. However, this adjustment should be carried out within 12 months after the fixed assets are put into use.
Accounting processing 9
Accounting processing for the provision of property tax on time for enterprise factory or office housing:
Debit: Tax and surcharge
Loan: Taxes and surcharges - Property taxes payable
Reference:
"Notice on the Policies for Resettlement of Urban Land Use Taxes and Other Policies for Employment Units for Disabled Persons" (Finance and Taxation [2010] No. 121) stipulates:
III. Regarding the issue of collecting property taxes into the original value of a property
For real estate taxed according to the original value of a property, regardless of accounting accounting, the original value of the property should include the land price, including the price paid to obtain the land use right, the cost incurred in the development of the land, etc. If the parcel area ratio is less than 0.5, the land area shall be calculated based on twice the building area of the real estate and the land price included in the original value of the real estate shall be determined based on this.
Source: Teacher Hao says accounting
