A business has ownership of all fixed assets recorded on its books.

The statement that they all have ownership is incorrect. Only the fixed assets of the enterprise included in accordance with the law belong to the enterprise. In the case of a fixed asset leased by financial lease, a fixed asset needs to be recognized in accordance with the requirement that the accounting substance is more important than form, but the ownership of the asset has not been transferred to the lessee.

Fixed assets refer to non-monetary assets held by enterprises for the production of products, provision of labor services, leasing or operation and management, which have been used for more than 12 months and have reached a certain standard in value, including houses, buildings, machines, machinery, means of transportation and other related production and operation.

Equipment, utensils, tools, etc. related to the event. Fixed assets are the means of labor of an enterprise.

It is also the main asset on which enterprises rely for production and operation. From the perspective of accounting, fixed assets are generally divided into production fixed assets, non-production fixed assets, leased fixed assets, unused fixed assets, unused fixed assets, financial lease fixed assets, and donated fixed assets. ‍

Wrong. The ownership of fixed assets leased by an enterprise belongs to the lessor, and the lessee is managed according to the principle of substance over form.

If it is not the name of the company, it is not allowed to be included in fixed assets in principle, but if it must be entered, it is necessary to provide explanatory materials (the reason can be written in the remarks of the reimbursement form).

As long as the fixed assets of the enterprise are included in accordance with the law, their ownership belongs to the enterprise.

Pretty much the same, except for financial leases.

The economic benefits contained in the fixed asset are likely to flow into the enterprise, and the cost of the fixed asset can be reliably measured.

Recognition conditions for fixed assets:

1. The economic benefits related to the fixed assets are likely to flow into the enterpriseWhen recognizing the fixed assets, it is necessary to judge whether the economic benefits related to the fixed assets are likely to flow into the enterprise. In practice, it is mainly determined by determining whether the risks and rewards associated with the ownership of the fixed asset have been transferred to the enterprise.

2. The cost of the fixed asset can be reliably measured.

The ability to reliably measure costs is an essential condition for asset recognition. In order to recognize a fixed asset, the expenditure incurred by the enterprise in acquiring the fixed asset must be reliably measured. When determining the cost of fixed assets, enterprises sometimes need to make a reasonable estimate of the cost of fixed assets based on the latest information obtained.

If the cost of a fixed asset can be reasonably estimated, the cost of the deemed fixed asset can be reliably measured.

Definition of a fixed asset.

Refers to a tangible asset that has the following characteristics:

1. For the production of goods, the provision of labor services, leasing or management of holdings;

2. The service life is more than one fiscal year.

Only those who meet the following conditions must be confirmed:

1. The economic benefits contained in the fixed asset are likely to flow into the enterprise2. The cost of the fixed asset can be reliably measured.

You choose b and d from the options you are given

Enterprises should set up a "fixed assets" account to reflect the fixed assets.

a.Wear value.

b.Original value.

c.Accumulated depreciation.

d.Net worth. Correct answer: B

c Original value analysis: The fixed assets section is the original value!! It is the initial value, and the accumulated depreciation is the depreciation that reflects the depreciation, which is the deduction account of the fixed assets. Fixed Assets - Accumulated Depreciation = Net Value of Fixed Assets.

The "Fixed Assets" account is set up by the enterprise to reflect the original value of the fixed assets.

Enterprise fixed asset account

In order to reflect the authenticity, completeness, accuracy and presentation of fixed assets, the fixed assets and accumulated depreciation fixed assets impairment provision account should be set up when the accounting accounts are set, so as to reflect the original value, accumulated depreciation, net asset value and other conditions of the fixed assets when bookkeeping, and finally reflect the point-in-time data on the balance sheet. There are three main types of accounts that should be set up by enterprises for accounting of fixed assets:

First, the "fixed assets" account is used to calculate the original price of all fixed assets of the enterprise. increase the original value of the fixed asset and debit it to the account; reduce the original value of fixed assets and credit them to this account; The debit balance at the end of the period reflects the original value of the existing fixed assets of the enterprise. The account is itemized by the category and project of the fixed assets.

Second, the "accumulated depreciation" account is used to calculate the accumulated depreciation amount of the fixed assets of the enterprise. Depreciation is withdrawn and depreciation is increased, and the depreciation of the original fixed assets is credited to the account; Reduce the depreciation of fixed assets transferred out and debit the account; The credit balance at the end of the period reflects the accumulated depreciation of the existing fixed assets at the end of the period. The difference between the debit balance of the Fixed Assets account (i.e., the original price of the existing fixed assets) and the credit balance of the Accumulated Depreciation account (i.e., the amount of depreciation provided) is the depreciated value of the fixed assets, i.e., the balance of the acquisition cost of the fixed assets that has not yet been converted into expenses.

Third,.The "Fixed Assets Liquidation" account is used to calculate the net value of fixed assets transferred to liquidation by the enterprise due to **, scrapping and damage, as well as the liquidation expenses and liquidation income incurred in the liquidation process. The net value of the fixed assets liquidated by the transferee, the liquidation expenses and the net income from the liquidation carried forward shall be debited from the account; **The net loss of the price of fixed assets, the receipt of residual materials, the receipt of variable prices, the receipt of compensation and the net loss of liquidation carried forward shall be credited to the account; The closing debit balance, which reflects the uncarried liquidation loss.

The closing credit balance, which reflects the uncarried liquidation gains.