The equipment bought by the boss in his personal name will be treated as an investment.
Borrow: fixed assets
Credit: paid-in capital.
The value of machinery and equipment needs to be assessed.
The company has just been established to buy land to build their own factories, how to deal with the amortization of land use rights during the project period
Under the new standard, because the life of the land use rights is different from the depreciation of buildings, according to the application of "Accounting Standard No. 6 - Intangible Assets" guide, no longer be transferred to the value of fixed assets, but always stay in the intangible assets account and amortized according to the age of the right to use the land. Amortization.
According to Article 17 of the 6th standard, the amortization amount of intangible assets should generally be recognized in profit or loss, unless otherwise provided by other accounting standards. Since the legal acquisition of land use rights is the basic prerequisite for construction activities, the amortization of land use rights during the period is the necessary and reasonable expenditure necessary for the relevant buildings to reach their intended useable state.
Therefore, the amortization of the land use right during the construction period of the building can be included in the construction cost of the building. Amortization after the building reaches its intended useable state should be recognized in the current profit and loss.
What are start-up costs?
1. Expenses of preparatory personnel
(1) labor costs of preparatory personnel: specifically, the preparatory personnel's wages and bonuses and other wage expenses, as well as social insurance should be paid. In the preparatory period, such as medical expenses and other welfare costs, if the preparatory period is relatively short, can be charged according to the preparatory period is longer, according to 14% of the total wage bill to be resolved by the employee welfare costs.
(2) travel: including in-town transportation and out-of-town travel.
(3) Board of Directors fees and joint committee fees.
2, business registration, notarization costs: mainly including registration fees, capital verification fees, tax registration fees, notary fees, etc.
3, the cost of raising capital: mainly refers to the financing of the handling fees paid, as well as not included in the fixed assets and intangible assets of the exchange gains and losses and interest, etc.
4, personnel training costs: mainly the following two kinds of cases
(1) The introduction of equipment and technology needs to be digested and assimilated, select some workers in the preparatory period to go out to study the cost of further training.
(2) the cost of hiring experts for technical guidance and training of labor and related costs.
5, amortization, retirement and destruction of business assets
6, other costs:
(1) office expenses, advertising costs, social entertainment costs incurred during the preparatory period.
(2) Stamp duty
(3) Feasibility study expenses confirmed by the investor to be borne by the enterprise
(4) Other expenses related to the preparation of the construction of the expenses, such as information research, litigation costs, printing costs of documents, communication costs, and celebration of gifts and other expenses.
How do I account for the equipment I bought to build my own factory? If the equipment is not bought in the name of the owner's private money, but in the name of the company to buy money, it can not be the owner's private investment to the accounts. In addition to the purchase of equipment in the pre-plant, there are other things to buy, such as office supplies, etc., the same financial to be clear about the content of their accounts.