The trademark right sold by an enterprise belongs to the category of intangible assets accounting, so intangible assets should be set up for relevant accounting. How to make accounting entries for the trademark right sale business?

accounting entries for the sale of trademark rights

when selling trademark rights:

borrowing: bank deposits, etc.

accumulated amortization

provision for impairment of intangible assets

loans: intangible assets

gains and losses from asset disposal

taxes payable-VAT payable-output tax

Intangible assets include social intangible assets and natural intangible assets. Among them, social intangible assets usually include patent right, non-patented technology, trademark right, copyright, franchise, land use right, etc. Natural intangible assets include natural resources such as natural gas without physical form.

the provision for impairment of intangible assets refers to the intangible assets whose recoverable amount is lower than their book value due to outdated technology, damage, long-term idleness and other reasons at the end of the period, and the provision for impairment of intangible assets shall be accrued.

Asset disposal gains and losses are used to account for the disposal gains or losses caused by the sale and transfer of fixed assets and intangible assets. The profit and loss of asset disposal affects the operating profit. The gains and losses of asset disposal are directly included in the gains and losses of current profits and losses.

which account is the trademark fee for registered trademarks included in?

the registration fee for trademark acceptance shall be paid according to the regulations.

1. If the expenses are small, they are included in the management expenses, and the entries are as follows:

Debit: management expenses-trademark registration fees

Loan: bank deposits/cash on hand

2. If the expenses are large, they are included in intangible assets, and the entries are as follows:

Debit: intangible assets

Loan: bank deposits/cash.