Purchases of equipment are included in the fixed assets account.
The original cost of fixed assets of the enterprise. The debit side of the account registers the original price of fixed assets increased by the enterprise, the credit side registers the original price of fixed assets decreased by the enterprise, and the debit balance at the end of the period reflects the original book value of fixed assets at the end of the period of the enterprise.
"Fixed assets" account is generally divided into three levels, in addition to the enterprise should set up "fixed assets" general ledger account, should also set up "fixed assets register" and "fixed assets card". "Fixed asset card", according to the fixed asset category, the use of the department and each fixed asset for detailed accounting.
"Fixed assets" general ledger account. The "fixed assets" general ledger account reflects the increase, decrease, change and balance of the original value of fixed assets. Fixed assets register, that is, fixed assets secondary account. Fixed assets secondary account generally according to the fixed asset category to open the account page, the account according to the use and custody of the unit to open a column.
At the end of the month, the fixed asset register should be accounted for with the general ledger of fixed assets, fixed asset register of all types of balances and should be reconciled with the "fixed assets" general ledger account balance. Fixed asset ledger. Fixed asset ledger that fixed asset card account.
Set up in accordance with each separate fixed assets, fixed assets should be registered in the original value, estimated net residual value, estimated useful life, monthly depreciation rate, the start of the use of time, the use of the period of the deactivation records and overhaul records, and other records related to the fixed assets.
And in accordance with the category of fixed assets and the order of the use and custody of the unit. At the end of the month, the fixed asset card account and fixed asset register should be accounted for, the total original value of all types of fixed asset card account, should be reconciled with the balance of the fixed asset register of the category.