When the depreciation of fixed assets is mentioned, there is no estimated residual value, how to dea

Whether the estimated residual value does not affect the accounting treatment, and the depreciation is directly calculated and recorded according to the residual value rate of 0.

There is no need to adjust, and it will be done according to the established policy.

According to the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China:

Article 59 Deduction of depreciation of fixed assets calculated according to the straight-line method is permitted.

The enterprise shall calculate the depreciation from the month following the month in which the fixed assets are put into use; Depreciation of fixed assets that are no longer in use shall cease to be calculated from the month following the month in which they are discontinued.

Enterprises should reasonably determine the estimated net residual value of fixed assets according to the nature and use of fixed assets. Once the estimated net residual value of a fixed asset has been determined, it cannot be changed.

Article 60 Unless otherwise stipulated by the competent financial and taxation authorities, the minimum period for calculating depreciation of fixed assets is as follows:

1) 20 years for houses and buildings;

ii) 10 years for aircraft, trains, ships, machines, machinery and other production equipment;

3) 5 years for appliances, tools, furniture, etc. related to production and business activities;

4) 4 years for means of transport other than airplanes, trains, and ships;

e) electronic equipment, for 3 years.

Therefore, the residual value rate should be based on the nature and use of the fixed asset, and the estimated net residual value of the fixed asset should be reasonably determined. Once the estimated net residual value of a fixed asset has been determined, it cannot be changed. Of course, you can leave some fixed assets without setting the salvage value.

If there is no estimated residual value account when accruing depreciation, first, you can negotiate with the competent tax authorities, all the fixed assets of your company do not set the residual value, which will not affect your company's income tax payment in the end, and there is no suspicion of tax evasion.

:OK. According to Article 33 of the Detailed Rules for the Implementation of the Tax Law, the residual value of various types of fixed assets of an enterprise shall be estimated and deducted from the original price of the fixed assets before calculating depreciation.

The residual value shall not be less than 10% of the original price; If it is necessary to retain less or no residual value, it must be approved by the local tax authority. After the cancellation of the above-mentioned approval, the residual value of the newly purchased and put into use fixed assets of the enterprise shall be temporarily determined to be 10% before depreciation is accrued. For some fixed assets, if it is foreseeable that they cannot be sold after the end of their useful life, or there is no sale value, no residual value may be retained.

:OK. According to Article 33 of the Detailed Rules for the Implementation of the Tax Law, the residual value of various types of fixed assets of an enterprise shall be estimated and deducted from the original price of the fixed assets before calculating depreciation.

The residual value shall not be less than 10% of the original price; If it is necessary to retain less or no residual value, it must be approved by the local tax authority. After the cancellation of the above-mentioned approval, the residual value of the newly purchased and put into use fixed assets of the enterprise shall be temporarily determined to be 10% before depreciation is accrued. For some fixed assets, if it is foreseeable that they cannot be sold after the end of their useful life, or there is no sale value, no residual value may be retained.

Summary. If there is no residual value, the depreciation is sufficient, indicating that the depreciation amount is the original value of the fixed assets, and the accounting entries are:

Borrow: Accumulated depreciation.

Credit: Fixed Assets.

Another example is the question, the residual value is zero, the depreciation has been fully raised, and the scrapping does not say that there is no sales income, indicating that there is no profit or loss after scrapping, so there is no need to carry forward the treatment.

Fixed assets have been depreciated, there is no residual value, how to do accounting entries when scrapped.

There is no residual value, full depreciation, indicating that the depreciation amount is the original value of the fixed assets, and the accounting entries are: borrow: accumulated depreciation credit: fixed assets are as the title, the residual value is zero, the depreciation has been fully raised, and the scrapping does not say that there is a sale income, indicating that there is no profit or loss after scrapping, so there is no need to carry forward the treatment.

There is no residual value, full depreciation, indicating that the depreciation amount is the original value of the fixed assets, and the accounting entries are: borrow: accumulated depreciation credit: fixed assets are as the title, the residual value is zero, the depreciation has been fully raised, and the scrapping does not say that there is a sale income, indicating that there is no profit or loss after scrapping, so there is no need to carry forward the treatment.

Fixed assets that have been fully depreciated and continue to be used do not need to be depreciated. If there is no residual value, the fixed asset item in the balance sheet is listed as 0. Fixed assets that are still in use can be disclosed off-balance-sheet. When you scrap it, you can just press the entries you wrote.

There is a question to be clarified here. Although accumulated depreciation is an asset account, it is a provision account for fixed assets. For the accumulated depreciation itself alone, it can be considered as a decrease in the debit and an increase in the credit.

You write entries, fixed assets and accumulated depreciation are reduced at the same time, and nothing is left on the books.

Because the fixed asset itself has been disposed of and no longer exists, everything related to it should disappear from the books. If a provision for impairment of fixed assets (also an allowance account) has been made, it should also be debited and written off.

The fixed assets have not reserved the residual value, and depreciation has been accrued for two years, how should they be handled on the books? Ask.

According to Article 59 of the Regulations for the Implementation of the Enterprise Income Tax Law, an enterprise shall reasonably determine the estimated net residual value of fixed assets according to the nature and use of fixed assets. Once the estimated net residual value of fixed assets has been determined, it cannot be changed. (1) **, scrapped and damaged fixed assets transferred to the liquidation, its accounting entries are:

Debit: Disposal of fixed assets (book value of fixed assets) Accumulated depreciation (depreciation of the source hall) Impairment provision for fixed assets (impairment provision has been made) Loan: Fixed assets (original book price).

According to the provisions of the accounting standards, whether to retain the residual value is left to the management of the enterprise according to its authority, as long as it is compatible with the realization of the value of the fixed assets.

The value of fixed assets is gradually transferred to new products according to the degree of wear and tear itself, and its wear is divided into two situations: tangible wear and intangible wear; Tangible wear and tear, also known as material wear, is the loss of use value and value caused by the use of equipment or fixed assets in the production process or due to the influence of natural forces.

OK. Shout stool or.

According to the Accounting Standard for Business Enterprises No. 4 - Fixed Assets:

Article 15 An enterprise shall reasonably determine the service life and estimated net residual value of a fixed asset in light of the nature and use of its fixed assets.

Once the useful life and estimated net residual value of fixed assets are determined, they shall not be changed at will. However, this does not apply to those that comply with the provisions of Article 19 of these Guidelines.

Article 19 An enterprise shall, at least at the end of each year, review the useful life, estimated net residual value, and depreciation method of fixed assets.

If there is a difference between the estimated service life and the original estimate, the service life of the fixed assets shall be adjusted.

If there is a difference between the estimated net residual value and the original estimate, the estimated net residual value shall be adjusted.

If there is a major change in the expected realization of economic benefits related to fixed assets, the depreciation method of fixed assets shall be changed.

Changes in the useful life of fixed assets, estimated net residual value and depreciation methods should be treated as changes in accounting estimates.