The net loss from the scrapping of fixed assets is included in the "non-operating expenses" accounting account.

"Fixed assets liquidation" is a transitional account. Before all the liquidation work is completed, all income and losses incurred due to liquidation are recorded. The income is credited and the losses are debited. Finally, the total is recorded with credits Subtract the total of debits, positive means profit, negative means loss.

According to the net book amount of the fixed asset, debit the "fixed assets liquidation" account, debit the "accumulated depreciation" account according to the accumulated depreciation that has been asked, and debit the "accumulated depreciation" account if impairment provisions have been made. The "Fixed Assets Impairment Provision" account is recorded, and the "Fixed Assets" account is credited according to its book balance.

According to the cleanup expenses, the "Fixed Asset Cleanup" account will be debited and "Bank Deposits" will be credited; according to the cleaned up waste price change income, "Currency" will be debited and the "Fixed Asset Cleanup" account will be credited.

Introduction to the main characteristics of fixed assets:

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, and the value transferred is partially recovered. A depreciation fund is then formed. Fixed funds serve as the monetary expression of fixed assets.

3. The cycle 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.

4. 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 used to accumulate money when fixed assets cannot be used or are not suitable for use. Depreciation funds are used to achieve this.