How to fill in the medical waste disposal registration

Medical equipment belongs to the hospital's fixed assets. Disposal of fixed assets is generally accounted for through the "fixed assets disposal" account, first of all, the original cost of fixed assets to the fixed assets disposal account.

The specific accounting entries are as follows:

(1) Transferring the original cost of fixed assets to the fixed asset cleanup

Borrowing: Fixed Asset Cleanup

Accumulated Depreciation

Allowance for Impairment of Fixed Assets

Crediting: Fixed Assets

(2) At the time of disposal, the acquisition of the price

Borrowing: bank deposits

Credit: Fixed Assets Liquidation

(3) Value-added tax paid at the time of sale

Debit: Fixed Assets Liquidation

Credit: Taxes Payable - Value-added Tax Payable (Sales Tax)

(4) Compensation receivable from the insurer or the relevant liable person

Debit: Other Accounts Receivable

Credit: Fixed Assets Liquidation

(5) If the equipment still has salvage value

Borrow: Raw Materials

Credit: Fixed Asset Liquidation

(6) Finally, the net gain or loss from disposal is transferred to current profit or loss

If it is a net loss from liquidation

Borrow: Non-operating Expenses - Loss on Disposal of Non-current Assets

Credit: Fixed Asset Liquidation

Net Gain from Disposal

Debit: Fixed Asset Liquidation

Credit: Non-Operating Income - Gain on Disposal of Non-Current Assets