Accounting entries:

Debit: intangible assets---trademark rights XXXX

Credit: cumulative sales?XXXX

(Note : XXXX represents the amount)

Intangible assets refer to non-monetary long-term assets without physical form held by enterprises for the purpose of producing goods, providing services, leasing to others, or for management purposes.

Intangible assets can be divided into identifiable intangible assets and unidentifiable intangible assets. Identifiable intangible assets include patents, non-patented technologies, trademark rights, copyrights, land use rights, franchises, etc.; unidentifiable intangible assets refer to goodwill.

Amortization:

The cost of intangible assets should be amortized evenly over the estimated useful life starting from the month of acquisition. If the estimated useful life exceeds the beneficial life stipulated in the relevant contract or the effective life stipulated by law, the amortization life of the intangible asset shall be determined according to the following principles:

(1) The contract stipulates the beneficial life but the law does not provide for it to be valid. If the contract does not stipulate the beneficial years but the law stipulates the effective years, the amortization period shall not exceed the effective years;

>(3) If the contract stipulates the beneficial years and the law also stipulates the effective years, the amortization period shall not exceed the shorter of the beneficial years and the effective years.

If the contract does not stipulate the beneficial period and the law does not stipulate the effective period, the amortization period should not exceed 10 years.