The transfer income of 2 million yuan was obtained from the transfer of a trademark right. The cost of the trademark right was 2 million yuan, the cumulative amortization was 400,000 yuan, and the provision for impairment of intangible assets was 100,000 yuan.

Trademark rights transfer belongs to the cultural and creative services within the scope of business tax reform. The value-added tax rate is 6 and the collection rate is 3.

If you are a general taxpayer

Receive income

Borrow 2 million bank deposits

Loan operating income 1.8868 million

Debit taxes payable - VAT payable (output) 113,200

Carry forward costs

Debit operating costs 1.5 million

Debit accumulated Amortization of 400,000

Debit of intangible asset impairment provision of 100,000

Debit of intangible assets of 200,000