Fixed assets scrapping entries in accordance with the following four steps:
1, write off the original value of fixed assets scrapped and depreciated.
By the net value of fixed assets, debit the "fixed assets cleaning" account, according to the depreciated amount, debit the "accumulated depreciation" account.
By the original value of fixed assets, credit "fixed assets" account.
2. Carry forward the salvage value and realization income.
By the recovery of the value of the residual material and the realization of income, debit "bank deposits", "raw materials" and other accounts.
Credit "fixed assets cleaning" account.
3. Payment of liquidation costs.
Based on the cleanup costs incurred, debit the "fixed assets cleanup" account.
Credit "bank deposits" and other accounts.
4, carry forward the net profit or loss after liquidation.
The net gain from the liquidation of fixed assets, debit the "fixed assets liquidation" account, credit "non-operating income - fixed assets proceeds" account.
The net loss of fixed assets after liquidation, debit "non-operating expenses - fixed assets loss" account, credit "fixed assets liquidation" account.
Expanded information:
Fixed asset scrapping loss identification:
A, the enterprise Identification certificate issued by the relevant internal departments.
Second, a single or batch amount of fixed assets scrapped, destroyed, the enterprise should make a special description of each item, and entrusted to have the qualification of technical appraisal of the agency to identify, and appraisal issued.
Third, force majeure causes damage to fixed assets, scrapped, there should be relevant functional departments issued by the appraisal report, such as the fire department issued by the disaster certificate, the public security department issued by the accident scene processing report, vehicle damage certificate, the housing department of the demolition of the certificate, the boiler, elevator, such as the safety inspection department inspection report, etc..
Four, the enterprise fixed assets scrapping, destruction of the situation description and internal approval documents.
V. Involving insurance claims, there should be an insurance company to settle claims.
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