But the net value is not necessarily 0.
After depreciation of fixed assets is withdrawn, is the sub-ledger balance a net salvage value? Where provision for impairment is made, it also includes impairment provision.
Is the depreciation of fixed assets accrued year by year and month in actual accounting treatment?
Why should the depreciation of fixed assets reduce the net GDP? Net gross domestic product (NDP)
The net value of final products and services produced by a country or region at market prices in a certain period of time, as well as the newly increased output value.
The abbreviation of net GDP calculated at market price is equal to GDP minus depreciation of fixed assets of all permanent units. Namely: NDP=GDP- capital depreciation.
The final product value does not deduct the value of capital equipment consumption. If the value of consumed capital equipment is deducted, the net added value is obtained, that is, the capital depreciation is deducted from GDP, and NDP is obtained.
Net investment is the part of the total investment that is deducted from capital consumption or replacement investment. For example, an enterprise purchases 10 machines in a certain year, and two of them are used to replace obsolete machines, so the total investment is 10 machines and the net investment is 8 machines.
From the perspective of economics and sociology, the value of NDP is far greater than GDP, that is, the net GDP index is far better than GDP index to measure a country's economic aggregate. GDP is a regional concept, which is used to measure the market value of the final products produced within a country in a certain period of time. However, NDP considers the important factors of "consumption" or "depreciation" in economic growth, and it is an out-and-out economic concept as well as a national concept-it truly interprets the relationship between production, growth and total value, consumption, efficiency and net worth.
Is the depreciation of fixed assets reduced to zero or 10% residual value? Reserved residual value belongs to the accounting estimate of the enterprise, and can be estimated within the scope stipulated by the tax law according to the structure of fixed assets. The tax law stipulates that the estimated residual value of general enterprises is within 5%, and that of foreign-funded enterprises is within 10%.
The depreciation of fixed assets is calculated by subtracting the residual value from the original value, so the residual value is no longer accrued after depreciation.
Can the residual value of fixed assets be depreciated to zero? Residual value cannot be depreciated further.
An enterprise shall, according to the nature and use of fixed assets, reasonably determine the estimated net salvage value of fixed assets. The tax law does not stipulate the lower limit of residual value rate, that is, enterprises can choose zero residual value rate according to the actual situation. If the enterprise does not determine the estimated net salvage value according to the nature and use of fixed assets, but for some unreasonable commercial purposes such as tax avoidance, it will be adjusted by the tax authorities and bear corresponding legal responsibilities.
Depreciation function formula of fixed assets 1. Life average method -SLN function
The life average method, also known as the straight-line method, is a method to evenly allocate the depreciation of fixed assets to the expected service life of fixed assets. The depreciation amount of each period calculated by this method is equal. The calculation formula is as follows: annual depreciation rate =(l- estimated net salvage value rate)/estimated service life (year) monthly depreciation rate = annual depreciation rate/65438+February depreciation amount = original price of fixed assets × monthly depreciation rate.
2. Workload method
The workload method is a method to calculate the depreciation of fixed assets according to the actual workload. The calculation formula is as follows: depreciation amount per unit workload = original price of fixed assets /( 1- estimated net salvage rate)/monthly depreciation amount of estimated total workload of fixed assets = current workload of fixed assets/depreciation amount per unit workload.
Example 10: the original price of a machine and equipment in company a is 680,000 yuan, and the estimated output of the products is 2 million pieces. The estimated net salvage rate is 3%, and 34,000 pieces will be produced this month. Then the monthly depreciation of this machine and equipment is calculated as follows: single piece depreciation = 680000× (1-3%)/2000000 = 0.3298 (yuan/piece) monthly depreciation = 34000× 0.3298 =1265438.
3. Double declining balance method-DDB function, VDB function
Double declining balance method is a method to calculate the depreciation of fixed assets according to the net value of fixed assets at the beginning of each year and the double straight-line depreciation rate without considering the estimated net residual value of fixed assets. When this method is used to calculate the depreciation amount, because the estimated net salvage value is not deducted from the net value of fixed assets at the beginning of each year, the balance after deducting the estimated net salvage value from the net value of fixed assets should be evenly amortized within two years before the expiration of its depreciation period. The calculation formula is as follows: annual depreciation rate = 2/ estimated service life monthly depreciation rate = annual depreciation rate/12.
Monthly depreciation amount = book balance of fixed assets at the beginning of the year × monthly depreciation rate
Example11:Company B has a machine with an original price of 600,000 yuan, an estimated service life of 5 years, and an estimated net salvage rate of 4%. Depreciation is calculated by double declining balance method, and the annual depreciation amount is calculated as follows: annual depreciation rate = 2/5 = 40%.
Depreciation payable in the first year = 600,000× 40% = 240,000 yuan.
What is accelerated depreciation of fixed assets? Fixed assets refer to materials or equipment produced by units through investment, such as factories, equipment and tools. The so-called materials will depreciate because of use or long-term storage. Accelerated depreciation is the aggravation or increase of unfavorable factors. hope this helps
The entries of this month's fixed assets depreciation in advance and this month's fixed assets depreciation are as follows:
Borrow: manufacturing cost
Management cost
selling cost
Credit: accumulated depreciation
Depreciation of fixed assets of hotel mattresses Hotel mattresses can be used as fixed assets and depreciated for 5 years. Accrued expenses are in the main business cost account and are not amortized as low-value consumables.