I. Principles for Recognition of Income from Transfer of Assets Use Rights P27 1
The income generated by the transfer of the right to use assets mainly includes: interest income obtained by others using the cash of the enterprise, royalty income obtained by others using the intangible assets of the enterprise, rent obtained by renting fixed assets, interest income obtained by debt investment and dividend income obtained by equity investment.
Interest income and royalty income shall follow the following recognition principles:
(1) Economic benefits related to the transaction can flow into the enterprise.
(2) The amount of income can be measured reliably.
Second, the measurement of income from the transfer of the right to use assets
(A) the accounting treatment of interest income P272
Interest income shall be calculated and recognized at the end of each accounting period according to the principal, term and appropriate interest rate of uncollected deposits or loans.
P272 case 1 1- 19
A bank (financial enterprise) borrowed 65,438+0 yuan from an enterprise in June of 65,438+0,998,65,438+0, with a loan term of 65,438+0 years and an annual interest rate of 6%. Assuming that banks submit financial reports every quarter, interest income should be confirmed at the end of each quarter according to the interest rate.
Q&ANo。 1 14000 1: Ask this question.
The accounting treatment of the Bank is as follows:
(1)19981010/day,
Borrow: medium and long-term loans 1000000.
Loan: current deposit 1000000.
(2) Interest income is recognized at the end of each quarter (4 times a year)
Interest income to be confirmed =1000000× 6%/12× 3 =15000 (yuan)
Debit: interest receivable 15000.
Loan: interest income 15000.
(3) 1999 10 When the loan is recovered on the maturity date 10.
Debit: current deposit 1060000
Loans: medium and long-term loans 1000000.
Interest receivable 60000
(II) Accounting treatment of royalty income P272
Royalty income shall be recognized according to the charging time and method of the relevant contract agreement: if the contract or agreement stipulates to pay royalties in one lump sum and fails to provide later services, it shall be regarded as the sale of assets and the income shall be recognized in one lump sum; If follow-up services are provided, the income shall be recognized by stages within the validity period stipulated in the contract and agreement; If the contract stipulates that the use fee shall be paid by installments, the income shall be recognized by installments according to the collection time and amount agreed in the contract or the amount calculated according to the billing method agreed in the contract.
P273 Case 1 1-20A Enterprise transfers the trademark use right of its goods to Enterprise B, and it is stipulated in the contract that Enterprise B will pay the use fee to Enterprise A at the end of each year at the rate of 10% of the annual sales revenue, and the use period is 10 years. Suppose that the sales revenue of enterprise B in the first year is 65,438+0,000,000 yuan, and the sales revenue in the second year is 65,438+0,500,000 yuan, and the use fees in these two years are paid on schedule.
Q&ANo。 1 140002: This question is asked.
The accounting treatment of an enterprise is as follows:
(1) Royalty income is recognized at the end of the first year.
It should be confirmed that the royalty income =100000×10% =100000 (yuan).
Debit: bank deposit 100000.
Loan: other business income 100000.
(2) Royalty income is recognized at the end of the second year.
It should be confirmed that the royalty income =1500000×10% =150000 (yuan).
Debit: bank deposit 150000.
Loan: other business income 150000.
Example 12 Among the following items, there is () that conforms to the "income" referred to in the Accounting Standards for Business Enterprises.
A. the price obtained from the disposal of fixed assets
B. Rent of leased fixed assets
C. advertising production fees obtained by advertising companies
D. the price obtained from the transfer of trademark rights
Q&ANo。 1 140003: This question is asked.
Answer BCD
Example 13 Among the following statements about revenue recognition, the one that does not conform to the current accounting system is ().
A. The handling fee charged for consignment of goods shall be recognized as income when the goods delivered by the entrusting party are received.
B identifiable after-sales service expenses included in the sales price of commodities are recognized as income during the period of providing services.
C initial and subsequent service fees included in royalties are recognized as income during the service period.
D the price charged for developing software for specific customers is recognized as income on the balance sheet date according to the degree of development completion.
Q&ANo。 1 140004: This question is asked.
Answer a