What are the depreciation methods of fixed assets in administrative units?

Hello, Miss Li from the accounting school will answer your questions.

Generally speaking, depreciation is not accrued for public institutions, but if it is a public institution that needs cost accounting (hospitals, tobacco and other departments can accrue "repair and purchase funds")

When purchasing equipment,

Borrow: business expenses-equipment purchase expenses

Loans: bank deposits

At the same time, borrow: fixed assets

Loans: fixed funds

When withdrawing the repair and purchase fund,

Debit: operating expenses (operating expenses)

Loan: special fund-repair and purchase fund

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