Accounting treatment of asset impairment loss
1. First of all, the losses arising from the provision for asset impairment by an accounting enterprise according to the standard of asset impairment shall be accounted for in detail according to the items of asset impairment losses.
2. If an enterprise determines the impairment of assets according to standards such as asset impairment, it shall determine the write-down amount.
Debit: Asset impairment loss
Loans: bad debt provision/inventory depreciation provision/long-term equity investment impairment provision/held-to-maturity investment impairment provision/fixed assets impairment provision/construction in progress-impairment provision/engineering materials-impairment provision/productive biological assets-impairment provision/intangible assets impairment provision/goodwill-impairment provision/loan loss provision/debt-paying assets-impairment provision/loss of damaged materials-depreciation.
3. The value of related assets recovered by the enterprise after the provision for bad debts, inventory depreciation, held-to-maturity investment impairment and loan losses. , and should be increased according to the amount recovered in the original impairment reserve.
Debit: bad debt reserve/held-to-maturity investment impairment reserve/loan loss reserve/debt-paid assets-impairment reserve/damaged materials-impairment reserve.
Loans: Asset impairment losses
4. At the end of the period, the balance of this course should be transferred to.
Current year profit
Account, which has no balance after carrying forward.