Is it possible that the book value will be higher than the recorded value? What is the purchase pric

The recorded value of inventory is the actual value paid at the time the inventory was acquired (including purchase costs, processing costs and other costs). At the balance sheet date, inventories should be measured at the lower of cost and net realizable value. If the cost of inventory is higher than its net realizable value, a provision for inventory decline shall be made and included in the profit or loss for the current period.

Of course, this inventory depreciation provision can be transferred, but it must not exceed the depreciation that has already been mentioned. Therefore, the book value of the same type of commodity must be less than or equal to the recorded value.

Is the purchase price generally higher or lower than the recorded value?

In addition, if the newly purchased goods are immediately external**, is it not at least sold ** not lower than the recorded value to avoid losses?

If the inventory is purchased without processing, its recorded value is the purchase cost (including the purchase price, relevant taxes, transportation costs, handling costs, insurance premiums and other expenses attributable to the inventory purchase cost, so the purchase price is less than or equal to the recorded value). If the newly purchased goods are immediately external**, the amount of sell** minus sales expenses and related taxes is greater than the recorded value to avoid a loss.

Hello! Book value = original value of assets - accumulated depreciation.

The original value of the asset is generally equal to the recorded value.

That is to say, as long as accumulated depreciation occurs, the book value is less than the recorded value, but the depreciation of fixed assets is accrued in the next month after the entry of the fixed assets, so the depreciation of the newly purchased fixed assets is not accrued in the current month, and the book value = the recorded value.

Typing isn't easy, oh!

The credited amount and the credited value are two different concepts.

The credited amount is the amount of currency that is actually transferred in a transaction. For example, if a company receives a payment of 1,000 yuan, then the 1,000 yuan is the amount of the transaction.

The recorded value refers to the economic benefits brought by the transaction, that is, the actual benefits generated in the course of business operations. For example, if a company spends 1,000 yuan on the cost of raw materials in the production process, but Jin Song obtains 1,500 yuan from the sale of this product, then the recorded value of this transaction is 500 yuan, which is the actual economic benefit of Xiang Lang Zheng.

Therefore, although the amount and value of the account are related to the accounts of the enterprise, the concepts are different and the aspects involved are also different. Enterprises need to pay attention to both the actual amount of the transaction and the actual economic benefits of the transaction.

The book value refers to how much value was spent on the original asset when it was originally bought, and the book value is the true value of the asset at that moment.

For example, in 2000, I bought a house for 1 million yuan (recorded value), and by 2015, the market price was worth 6 million yuan (book value).

For fixed assets:

Book value Original value of fixed assets Provision for impairment Accrued accumulated depreciation;

Book Balance The original book value of the fixed asset;

Net book value Depreciation value of fixed assets Original value of fixed assets Accrued depreciation.

For intangible assets:

Book value Original price of intangible assets Provision for impairment Accumulated amortization;

Book Balance The original book value of an intangible asset;

Net book value Amortized value of intangible assets Original value of intangible assets Accumulated amortization.

Other assets: (investment real estate under the cost measurement model is the same as fixed assets and intangible assets).

Book Value Book Balance Provision for impairment of assets.

Note: For the other assets of the enterprise, only the concept of book value and book balance is involved. The carrying amount is the amount after deducting the provision for impairment and other provisions; The book balances are the amounts of the respective account balances.

The recorded value is equal to the original recorded value, which refers to the amount credited to the account, which can be understood as the book balance.

Fixed asset. 1) Purchased fixed assets.

Recorded value: The selling price of the fixed asset.

Add: VAT (According to the revised Provisional Regulations on VAT, the amount of VAT paid by enterprises for the purchase of fixed assets is allowed to be deducted in a lump sum in the current period of acquisition, and is not included in the recorded value of fixed assets.) )

Shipping costs, packaging costs.

2) Construction of fixed assets.

1.Self-operated projects.

Recorded value = materials received + input tax transferred out.

Example] Book 107 pages [2-70] (3) If the cement produced by the enterprise is used in the project, the amount that should be included in the cost of the project in progress is determined to be:

Borrow: Construction in progress.

Credit: Inventory of goods.

Tax Payable – VAT payable (output tax).

In this question, the use of assets or goods entrusted for processing for non-taxable items is regarded as a sale.

2.Out-of-contract projects.

Credited Value = All expenses when the project is completed and reaches the intended state of use.

Intangible asset. 1) Outsourcing of intangible assets.

The recorded value includes the purchase price, related taxes and other expenses directly attributable to the use of the asset for its intended purpose.

2) Research and development of intangible assets on their own.

The recorded value is R&D expenditure that satisfies the capitalization conditions.

R&D Expenditure – Capitalized Expenditure.

Difference: The recorded value is the amount of recognition of the value of an asset, and the book balance refers to the actual book balance of a certain accounting account, without deducting the items that are used as allowances for the account (such as accumulated depreciation, impairment provisions for related assets, etc.).

Book value is the amount of the book balance after deducting the relevant depreciation, amortization, and impairment provisions for allowances.

The cost of accounting refers to the cost when the accounting is used as a voucher, and the key lies in the concept of cost, the part of the consideration paid for obtaining a certain business or asset.

The recorded value is mainly reflected in the concept of value, which is the return that can be obtained from the exchange of the business or asset. Most of the time, the recorded cost is consistent with the recorded value, but there will be inconsistencies.

The recorded value in accounting is generally the initial cost value, and the book value is generally the value after deducting the initial depreciation provision. For example, the recorded value of a fixed asset is the original value, and the book value is the original value minus the accumulated depreciation.

Recorded value: The value at the time of entry, which is generally the actual value.

Book value: may be higher or lower than actual value.

Book value is the accounting value of assets and liabilities after depreciation, amortization and impairment adjustments.

The recorded value is the original value of the asset.

Book value refers to the accounting value of assets and liabilities after depreciation, amortization and impairment adjustment The recorded value is also called the original value, and this value remains unchanged during the validity period The book value is gradually decreasing over time, because depreciation, impairment, repayment, etc. may gradually increase.

Book value refers to the accounting value of assets and liabilities after depreciation, amortization and impairment adjustment The recorded value is also called the original value, and this value remains unchanged during the validity period The book value is gradually decreasing over time, because depreciation, impairment, repayment, etc. may gradually increase.

The recorded value refers to the amount at the time of the first entry into the ledger, after the first entry, the recorded value remains the same and the book value changes over time.

For example, on January 1, 09, 30,000 fixed assets and equipment were purchased, with a service life of 5 years and annual depreciation of 6,000

The recorded value of fixed assets is 30,000, and the book value is also 30,000, and the recorded value of fixed assets is still the original 30,000, but the book value is 24,000 after deducting depreciation

The recorded value is the amount of money that recognizes the value of an asset.

The book balance refers to the actual book balance of a certain account, without deducting the items that are used as allowances for the account (such as accumulated depreciation, impairment provisions for related assets, etc.).

Book value is the amount of the book balance after deducting the relevant depreciation, amortization, and impairment provisions for allowances.

Recorded value.

The recorded value of trading financial assets, inventories, long-term equity investments, fixed assets, and intangible assets.

Book value. The book value of the asset = the book balance of the asset - the depreciation or amortization of the asset - the book value of the asset impairment provision refers to the net amount of the book balance of an account (usually an asset class account) minus the relevant allowance items. The book balance refers to the actual book balance of an account, excluding the items that are used as allowances for the account (such as accumulated depreciation, impairment provisions for related assets, etc.).

, Entry:

Borrow: Hold maturity investment - face value 150,000

Credit: Bank deposit 125000

Hold maturity investment - interest adjustment 25000

Interest receivable on bonds = 150,000*

Interest is calculated at 8% of the effective interest rate = 125000*, and the difference is adjusted by 4000 "Holding Maturity Investment - Interest Adjustment".

Accrue interest receivable.

Debit: Interest receivable 6000

Hold Maturity Investments - Interest Adjustment 4000

Credit: Finance fee 10,000 (debit red).

At this time, the book value of the maturity investment = 150000-25000 + 4000 = 129000

Interest receivable on bonds = 150,000*

Interest is calculated at 8% of the effective interest rate = 129,000*, and the difference is 4,300 to adjust the "holding maturity investment - interest adjustment".

Debit: Interest receivable 6000

Hold Maturity Investments - Interest Adjustment 4320

Credit: Finance Charge 10320 (debit red).

At this time, the book value of the maturity investment = 150000-25000 + 4000 + 4320 = 133320