The view is as follows-
1, received the price, according to the receipt of vouchers and the contract signed by both parties to do:
Borrow: bank deposits - xx bank 464 000.00
Loan: fixed assets clearance **Equipment liquidation 400 000.00
Credit: Tax payable - VAT payable 64 000.00
2, according to the equipment transfer procedures and the company's disposal of equipment related documents for:
Borrow: Fixed Assets Liquidation - **Equipment Liquidation 440 000.00
Borrow: Accumulated depreciation 260 000.00
Borrow: Provision for impairment of assets - fixed assets - ** equipment impairment provision 100 000.00
Loan: Fixed assets - ** equipment 800 000.00
3, carry forward fixed assets cleanup
Borrow: non-operating expenses - loss on disposal of non-current assets 40 000.00
Loan: fixed assets cleanup - ** equipment cleanup 40 000.00
Note: this business in the specific In practice, we must consider the acquisition time of the equipment and input tax credit, and then consider the output tax, need to comply with the principle of the higher of the two, which involves a more complex VAT calculation.
The above answer is for your reference.