Depreciation life is generally implemented according to the requirements of enterprise fixed assets management system standards. Assuming that depreciation is carried out in 10 year, the net salvage value is 0 and the VAT rate is 17%, then:

1, purchased in the current month

Borrow: fixed assets? 3569

Taxes payable-VAT payable (input tax) 73 1

Loan: 4300 yuan in bank deposit.

2. Depreciation shall be accrued next month (the dispensing machine is used for production and business activities by default, but not for other purposes):

Debit: management fee 356.9

Credit: accumulated depreciation of 356.9

Extended data

Management expenses: Management expenses refer to various expenses incurred by the administrative department of an enterprise for organizing and managing production and business activities. Specific items include: company funds, trade union funds, unemployment insurance premiums, labor insurance premiums, directors' dues, agency fees, consulting fees, attorney fees, business entertainment expenses, office expenses, travel expenses, post and telecommunications expenses, greening expenses, manager's salary and welfare expenses, etc. Refers to the expenses incurred by the board of directors and the administrative department in the operation and management of the enterprise.

Accumulated depreciation: Depreciation of fixed assets refers to the value of fixed assets gradually lost in the use process and transferred to commodities or expenses, and it is also the consumption of fixed assets shared by enterprises during their service life due to the use of fixed assets in the production and operation process.

reference data

Management fee-Baidu Encyclopedia? Accumulated depreciation-Baidu Encyclopedia