Accounting entries for purchasing trademark rights:

Debit: intangible assets,

Debit: tax payable - value-added tax payable (input tax) ,

Loans: bank deposits, etc.,

Accounting cost = purchase price + relevant taxes (non-deductible) + other expenses directly attributable to achieving the intended use of the asset .

Enterprises should analyze and judge the useful life of intangible assets when acquiring them. Intangible assets with finite useful lives should be amortized. Intangible assets with indefinite useful lives should not be amortized.

Amortization amount of intangible assets = cost - estimated residual value - accumulated amount of impairment provision for intangible assets.

Intangible assets with limited service life shall be amortized starting from the month when they are available for use (that is, when they reach their intended use), and shall not be amortized in the month of disposal.