Accounting entries of self-built fixed assets received from inventory
At the time of collection:
Borrow: Construction in progress.
Loans: Goods in stock
Reach the predetermined available state:
Borrow: fixed assets
Loan: Construction in progress.
What is a commodity in stock?
Inventory goods refer to products that the enterprise has completed the whole production process, accepted and put into storage, met the standard specifications and technical conditions, can be sent to the ordering unit according to the conditions stipulated in the contract, or can be sold as commodities, and all kinds of goods that have been purchased or commissioned for processing, accepted and put into storage for sale. Enterprises should establish
commodity stocks
Subject, accounting inventory goods and their balance changes. When the goods are accepted and put into storage, it shall be made by
cost of production
Theme shift
commodity stocks
Subject; When selling inventory goods to the outside world, make corresponding accounting treatment according to different sales methods; Construction in progress and other goods receiving inventory shall be transferred according to their costs.
What are the characteristics of fixed assets?
As a monetary form of fixed assets, fixed funds have the following characteristics:
1, the period of fixed capital is relatively long, which does not depend on the production cycle of products, but on the service life of 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 at ordinary times when the fixed assets are unusable or unsuitable for use.
3. When purchasing and building fixed assets, you need to pay a considerable amount of monetary funds. This investment is one-off, but it will be recovered by stages through depreciation of fixed assets.