if the financing leases fixed assets, it shall be based on the determined cost,

by borrowing: fixed assets

by lending: long-term payables (lease price determined according to the contract or agreement)

by non-current assets fund-fixed assets (balance)

at the same time, relevant taxes and fees actually paid.

under the total price method, the "payable for financing leased fixed assets" should be recorded as the total amount of the lease payment in the future (i.e. the minimum payment amount of the lease), and the "unpaid interest expense" (i.e. the difference between the minimum payment amount of the leased assets and the fair market price on the lease date) should be recorded in a separate account, and the unpaid interest expense should be recorded in the balance sheet as a provision item for "payable for financing leased fixed assets". The advantage of the total price method is that it can clearly reflect the financial situation of the leased enterprise.

recording process when renting in

Case analysis

On January 1, 24, institution A signed a purchase contract with company B, and institution A purchased an extra-large equipment for scientific research from company B. As stipulated in the contract, institution A paid the price in the form of financing lease, and the price of the equipment was * * * 9 million yuan (excluding value-added tax), from 24 to 24. The annual payment dates are June 3 and December 31 of that year, and the installation period is one year. On December 31, 24, the equipment reached the expected usable state, and the installation fee was 4, yuan. All the money was paid by bank deposit. The fixed assets were depreciated by the life-average method, and the depreciation period was 1 years. To simplify accounting, it is assumed that depreciation is accrued every six months. Then the accounting entries are as follows (unit: 1, yuan):

On January 1, 24, when financing was leased:

Debit: 9 for construction in progress

Loan: 9 for long-term payable

On June 9

24, when the rent was paid:

Debit: 9 for business expenses

Loan: 9 for bank deposits. When paying the rent:

Borrow: business expenses 9

Loan: bank deposits 9

At the same time:

Borrow: long-term payables 9

Loan: non-current assets fund-construction in progress 9

When paying the installation fee:

Borrow: business expenses 4

Loan: bank. When it is installed and delivered for use on the 1st:

Borrow: fixed assets 94

Loan: construction in progress 94

At the same time:

Borrow: non-current assets fund-construction in progress 22

Loan: non-current assets fund-fixed assets 22

When the rent is paid on June 3, 25: Non-current assets fund-fixed assets 9

When the depreciation of fixed assets is accrued for half a year on June 3, 25:

Debit: Non-current assets fund-fixed assets 47

Loan: accumulated depreciation 47

From December 31, 25 to December 31, 28, the accounting treatment of each period is on June 3, 25.

through the above processing, when the last rent is paid on December 31, 28, the accumulated credit balance of "non-current assets fund-fixed assets" is RMB 5,64, [2,2,+(9,-47,) × 8], and the book value of fixed assets is RMB 5,64, (9,4,).