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Question:

I accidentally burned the hotel mattress and burned it. How much do I have to pay for it?

I accidentally burned the hotel mattress and burned it. How much do I have to pay for it?

Answer:

The service life exceeds one fiscal year. As for the "fixed assets" or "revolving material", it must be based on the size of your business. I propose to include in "turnover material" subject, enterprise accounting is relatively simple. Loan: revolving material loan: cash in stock (bank deposit)
Held for the production of goods, services, leases, or management;
There are no low value consumable items, instead of "turnover materials". Turnover materials, is refers to the enterprise can be used for many times, gradually transfer its value but still maintain the original shape is not recognized as fixed assets such as materials, packaging materials and low value consumables, should adopt one-off amortization method or 55 amortization amortization; enterprises (construction contractors) of steel formwork, wood formwork and scaffold and other turnover materials, can use a rotating pin, 55 times or amortization amortization amortization

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