In 2019, the fixed assets of administrative units were omitted to be recorded. The omitted records of fixed assets of administrative units were supplemented as follows: When accounting last year, they were: debit: fixed assets; credit: bank deposits; debit: administrative expenses; credit: fund balance-monetary funds.

Now make up the accounting entries: debit: fixed assets; credit: accumulated surplus; debit: accumulated surplus; credit: accumulated depreciation.

Warm reminder: The above explanation is for reference only.

Fixed assets refer to non-monetary assets that are held by an enterprise for the purpose of producing products, providing labor services, leasing or operating and managing, used for more than 12 months, and with a value reaching a certain standard, including houses, buildings, machines, machinery, transportation

Tools and other equipment, appliances, tools, etc. related to production and business activities.

Fixed assets are the means of labor of an enterprise and the main assets on which the enterprise relies for production and operation.

From an accounting perspective, 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, donated fixed assets, etc.

Main features: 1. Fixed assets generally have a relatively large value, are used for a long time, and can participate in the production process repeatedly for a long time.

2. Although wear and tear occurs during the production process, it does not change its physical form. Instead, its value is gradually transferred to the product according to the degree of wear and tear. The transferred value is partially recovered to form a depreciation fund.

The performance characteristics of fixed funds as the currency of fixed assets: 1. The cycle period of fixed funds is relatively long. It does not depend on the production cycle of the product, but on the service life of the fixed assets.

2. The value compensation and physical renewal of fixed funds are carried out separately. The former is gradually completed with the depreciation of fixed assets, and the latter is realized by using the depreciation funds accumulated in daily life when fixed assets cannot be used or are not suitable for use.

3. When purchasing and constructing fixed assets, a considerable amount of monetary funds needs to be paid. This investment is one-time, but the recovery of the investment is carried out through the depreciation of fixed assets in installments.