Regarding asset impairment losses, bad debt provision calculation!

The balance of accounts receivable at the end of the first year is 1,200,000 yuan, which is 1,200,000 * yuan at 5%.

Debit: Asset impairment loss 60,000

Credit: Bad debt provision 60,000

In the second year, 15,000 yuan was recognized as bad debt.

Debit: Bad debt provision 15000

Credit: Accounts receivable 15000

The balance of accounts receivable at the end of the second year was 1,400,000 yuan. At 5%, it will be raised to 1,400,000*.

Because at this time, the bad debt provision has been 60,000-15,000 = 45,000 yuan. Therefore, only 25,000 yuan is required.

Debit: Asset impairment loss 25,000

Credit: Provision for bad debts 25000

In the third year, 4,000 yuan was recognized as bad debts, and 4,000 yuan was debited

Credit: Accounts receivable 4000

The balance of accounts receivable at the end of the third year was 1,300,000 yuan, which was raised to 1,300,000 * yuan at 5%.

At this time, the bad debt provision has been 70,000-4,000 = 66,000 yuan, so it should be flushed 1,000 yuan.

Debit: Bad debt provision 1000

Credit: Asset impairment loss 1000

In the fourth year, 10,000 yuan of bad debts were recovered.

Debit: Accounts receivable 10000

Credit: Bad debt provision 10000

Borrow: Bank deposit 10000

Credit: Accounts receivable 10000

The balance of accounts receivable at the end of the fourth year is 1,500,000 yuan, which is 1,500,000 * yuan at 5%.

At this time, the bad debt provision has been 65000 + 10000 = 75000, so there is no need to make entries.

Therefore, the total amount of asset impairment loss in four years is 60,000 + 25,000-1,000 = 84,000 yuan.

So choose D

Asset impairment loss, bad debt provision calculation method is as follows:

1. Calculation of accrued bad debt provisions.

Accrued amount of bad debt provision at the end of the year Balance of accounts receivable at the end of the year Percentage Debit balance of "bad debt provision" Credit balance of "bad debt provision".

2. Accounting entries related to the provision for bad debts, write-offs, and recovery of bad debts.

1) When the provision for bad debts is made at the end of the year, the provision for bad debts accrued at the end of the year is 0 debit: asset impairment loss.

Credit: provision for bad debts.

The provision for bad debts accrued at the end of the year is 0

Debit: Provision for bad debts.

Credit: Asset impairment loss.

If the provision for bad debts accrued at the end of the year is 0, no accounting entries will be made.

2) When accounts receivable have bad debt losses, borrow: bad debt provision.

Credit: Accounts receivable.

3) When the accounts receivable that have been resold are recovered later, borrow: bank deposits.

Credit: Accounts receivable.

At the same time, debit: accounts receivable.

Credit: provision for bad debts.

1. When an enterprise makes provision for bad debts:

Debit: Asset impairment loss - provision for bad debts (by amount to be written down) Credit: provision for bad debts.

2. When writing off the provision for bad debts that are overcharged:

Borrow: Bad take the opening account preparation.

Credit: Asset Impairment Loss - Provision for bad debts.

3. When the enterprise has bad debt losses:

Debit: Provision for bad debts.

Credit: Accounts receivable Other receivables.

4. When the receivables that have been confirmed and resold are recovered later

Debit: Accounts receivable Other receivables.

Credit: provision for bad debts.

At the same time: borrow: bank deposit.

Credit: Accounts receivable Other receivables.

5. It can also be based on the actual amount recovered:

Borrow: Bank deposit.

Credit: provision for bad debts.

Accounting for asset impairment losses: If an enterprise's receivables, inventories, long-term equity investments, held-to-maturity investments, fixed assets, intangible assets, loans and other assets are impaired, this account shall be debited according to the amount to be written down, and the accounts of "bad debt provision", "inventory decline provision", "long-term equity investment impairment provision", "held-to-maturity investment impairment provision", "fixed asset impairment provision", "intangible asset impairment provision", loan loss allowance and other accounts shall be credited.

The asset is the debit side that indicates the increase in the asset and the credit side which indicates the decrease in the asset. The provision for bad debts is the allowance account for accounts receivable, which belongs to the asset, but it is a decrease of the asset, and the debit side indicates a decrease and the credit side indicates an increase. Book value of accounts receivable at the end of the period = debit balance of accounts receivable - credit balance of bad debt provision.

Asset impairment losses are gains and losses, with the debit side representing an increase and the credit side indicating a decrease.

Debit: Asset impairment loss - provision for bad debts.

Credit: provision for bad debts.

This entry represents an increase in asset impairment losses and bad debt provisions at the same time. Assets decrease, losses increase.

An asset class allowance account is an account that is used to offset the amount of an asset in order to obtain the actual amount of the asset account. The "Accumulated Depreciation" account is a typical asset class contra account that is the same as the Allowance Account icon"Fixed assets"The relationship between accounts is the relationship between adjusting and being adjusted.

After reading a few answers, I think it's still a bit of a problem, and this matter has a big impact on the balancing of the three tables when we value modeling.

1. Assuming that the provision for bad debts of 100 yuan is made, then the asset party should reduce it by 100 yuan first;

2. An asset impairment loss (expense) of 100 yuan is incurred in the income statement, but! The impact on net profit is only $75, mainly because the expenses incurred are tax deductible (income tax expense), assuming a tax rate of 25%;

3. However, because this part is for the realization of profit and loss, the tax payable (income tax payable, real gold ** handed over to the tax bureau) will not be reduced, so there is a deferred income tax asset of 25 yuan, as a result, the asset side increases and decreases, which is equivalent to a decrease of 75 yuan;

4. As I just mentioned, the net profit actually decreased by 75 yuan, so the retained earnings part also decreased by 75 yuan, so the balance sheet is still flat.

5. Because all the items mentioned above are non-cash accounts, they have no direct impact on the cash flow statement, but when adjusting the net profit to the cash flow of operating activities, it is necessary to add an asset impairment loss of 100 yuan and minus the increase in deferred income tax assets of 25 yuan, so it is increased by 75 yuan.

If there is something incorrect, please criticize and correct the big guys and learn from each other!

Asset impairment loss refers to the loss caused by the amount of assets being lower than its book value, including the provision for inventory decline, the provision for impairment of fixed assets, and the impairment provision for intangible assets.

The provision for bad debts refers to the provision for accounts receivable, and the accounts receivable that cannot be recovered are used to offset them, which is the allowance account for accounts receivable.

There is no correspondence between asset impairment losses and bad debt provisions.

What to do with the asset impairment loss after the provision for bad debts, if there is no bad debt in the current year, whether it should be reversed or directly calculated as the asset impairment loss.

To write off. Overall, there was no overpayment of income tax. Concrete 1

In accounting, it is to write off losses. At the end of the year, the accounting enterprise makes provision for bad debts according to the estimated balance of accounts receivable, and at the same time includes the expected bad debt losses in the asset impairment loss account, thereby reducing profits; If the estimated bad debt provision based on the accounts receivable balance at the end of the year is smaller than the provision already made, it is necessary to reverse the over-accrued bad debt provision, and at the same time, the expected bad debt loss reversed will increase the profit of the enterprise. However, the above-mentioned reversal is an adjustment to the expected bad debt loss, which is an adjustment to the accounting standard.

2.If it is a bad debt loss that is accrued but not actually incurred, the tax law does not allow the loss to be charged, and the tax needs to be increased. That is to say, the income tax is overpaid first, and then it is actually incurred or recovered, and then transferred back.

One increases and one decreases, and in fact there is no overpayment of income tax. 3.Therefore, the profit from the reduction of the estimated bad debt loss accrued will increase the taxable income when the enterprise income tax is settled.

Similarly, the increased profits of the enterprise due to the reversal of the estimated bad debt losses that have not actually occurred should be adjusted and reduced by the taxable income at the time of final settlement. 4.According to Article 10 (7) of the Enterprise Income Tax Law of the People's Republic of China, unapproved reserve expenses shall not be deducted when calculating the taxable income.

Article 32 of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China stipulates that the losses referred to in Article 8 of the Enterprise Income Tax Law refer to the losses caused by force majeure factors such as fixed assets and inventories, losses from transfer of property, losses from bad debts, losses from bad debts, losses caused by natural disasters and other losses caused by force majeure factors in the production and operation activities of enterprises. Article 55 stipulates that the unapproved reserve expenditure referred to in Article 10 (7) of the Enterprise Income Tax Law refers to the reserve expenditure such as asset impairment provision and risk reserve that does not meet the requirements of the competent financial and taxation authorities.

Asset impairment loss - how to make provision for bad debts of loans?

The Accounting System for Business Enterprises stipulates that eight impairment provisions are made for assets, namely: bad debt provisions for accounts receivable and other receivables and other receivables; Provision for short-term investment decline in **, bonds and other short-term investments; provision for impairment of long-term investments such as long-term equity investments and long-term debt investments; Provision for inventory price decline for raw materials, packaging, low-value consumables, inventory commodities and other inventories; Provision for impairment of fixed assets such as buildings, machinery and equipment, intangible assets for patents, trademarks, etc., impairment provision for construction in progress and entrusted loans. Except for monetary funds, notes receivable, prepaid accounts, long-term amortized expenses, etc., corresponding impairment provisions have been made.

The accounting entries at the time of general accrual are as follows:

Borrow: Asset impairment loss.

Credit: provision for bad debts.

Provision for short-term investment declines.

Provision for decline in inventory value.

Provision for impairment of long-term investments.

Provision for impairment of fixed assets.

Provision for impairment of intangible assets.

Provision for impairment of construction in progress.

Provision for impairment of entrusted loans.

Why should the provision for bad debts be credited?

Provision for bad debts, gains and losses on property to be disposed of, and accumulated depreciation accounts are all contra accounts for asset accounts, and they are all used in a similar way, that is, through these sections, they reflect the impairment or loss of accounts receivable, inventory collapse, fixed assets, etc.

Provision for bad debts: If the receivables are impaired, they shall be debited according to the amount that should be written down"Asset impairment losses"Account, which is credited to the bad debt provision account. The credit balance of this account reflects the provision for bad debts that have been accrued but not yet re-sold.

Therefore, the amount of receivables that is often offset by its credit balance is used to express the actual balance of receivables of the enterprise.