The accounting treatment for supermarket-purchased refrigerated cabinets that do not need to be installed is:
Debit: fixed assets - refrigerated cabinets 3680
Credit: bank deposits 3680
There are many methods for enterprises to calculate depreciation of fixed assets, which can basically be divided into two categories, namely the straight-line method (including the average life method and the workload method) and the accelerated depreciation method (including the sum-of-years’ digits method and the Double declining balance method), enterprises should choose different methods based on the expected realization method of the economic benefits contained in fixed assets. Enterprises have different depreciation methods, and the amount of depreciation accrued varies greatly.
Enterprises should accrue depreciation on a monthly basis For depreciation of fixed assets, if the fixed assets increase in the current month, no depreciation will be accrued from the current month, and depreciation will be accrued from the next month; if fixed assets decrease in the current month, depreciation will still be accrued in the current month, and depreciation will be accrued from the next month. After sufficient depreciation has been taken, no more depreciation will be taken regardless of whether it can continue to be used; no further depreciation will be taken for fixed assets that are scrapped in advance.
The sum-of-years method, also known as the total years method, refers to multiplying the original price of a fixed asset minus the estimated net residual value by a numerator based on the remaining useful life of the fixed asset at the beginning of each year. A method of calculating the annual depreciation amount using the sum of the estimated useful life as the denominator as a decreasing fraction. The calculation formula is as follows:
Annual depreciation rate = remaining useful life/sum of expected useful life years * 100
Sum of expected useful life years = n*(n 1)/2
Monthly depreciation rate = annual depreciation rate / 12
Monthly depreciation amount = (original price of fixed assets - estimated net residual value) * monthly depreciation rate
(2 )Double Declining Balance Method
The equipment has a book value of X, is expected to be used for N (N is large enough) years, and has a residual value of Y.
Then depreciation in the first year Clt; 1gt; = X*2/N;
Depreciation in the second year Clt; 2gt; = (X-Clt; 1gt;)*2/ N
Third year depreciation Clt; 3gt; = (X-Clt; 1gt; -Clt; 2gt;)*2/N