The low value of the item can be used at the expense of the account When buying Borrowing: low value of consumption Borrow: the tax that should pay the tax - value added tax Credit: bank deposits When using Borrowing: manufacturing expense - low value consumables amortization Loan: low value consumables Of course, If the amount is large, it can be amortized.
Borrowing: fixed assets -- molds Tax payable - the VAT (input tax) Loan: bank deposit/accounts payable/stock cash Depreciation time: eliminate the residual value rate general 5%, according to 10 years depreciation So that's the original value minus 5 percent of the original value divided by 10 years divided by 12 months is equal to the cumulative depreciation of every month.
Borrowing: fixed assets -- molds Tax payable - the VAT (input tax) Loan: bank deposit/accounts payable/stock cash Depreciation time: eliminate the residual value rate general 5%, according to 10 years depreciation So that's the original value minus 5 percent of the original value divided by 10 years divided by 12 months is equal to the cumulative depreciation of every month Above is financial calculation method, but in actual, the mould should be used according to the number for depreciation or abandoned, so to maximize utilization of assets. Of course, the mold when not in use, must pay attention to the maintenance state, not the rust or damage occurred.
