Intangible assets refer to identifiable non-monetary assets that have no physical form. Broadly defined intangible assets include monetary funds, financial assets, long-term equity investments, patent rights, trademark rights, etc., because they do not have physical entities, but appear as certain legal rights or technologies. When an enterprise purchases intangible assets,

debit: intangible assets (taxes related to the purchase price),

taxes payable—value-added tax payable—input tax,

Loan: bank deposit.

When intangible assets are amortized, according to the situation,

Debit: sales expenses,

Credit: accumulated amortization.