Is a hotel decoration loan a fixed asset loan?

Hotel decoration loans are not fixed asset loans.

1. Hotel decoration costs are included in long-term deferred expenses and do not change the recorded value of fixed assets, so hotel decoration loans are not fixed asset loans.

2. Fixed asset loans are loans issued by banks to meet the funding needs of enterprises’ fixed asset investment activities. They are mainly used for the medium and long-term construction, purchase, and transformation of fixed asset projects and the construction of corresponding supporting facilities. Loans in domestic and foreign currencies.

3. Enterprise fixed asset investment activities include: capital construction, technological transformation, development and production of new products and other activities, as well as related house purchase, engineering construction, technical equipment purchase and installation, etc.

For example; machinery and equipment (1) power supply system equipment (2) heating system equipment (3) central air conditioning system equipment (4) communication equipment (5) washing equipment (6) maintenance equipment (7) kitchen Machinery (8) Electronic computer system equipment (9) Elevator (10) Other machinery and equipment Furniture equipment (1) Furniture equipment (2) Carpet, TV and film and television equipment (1) Closed-circuit television playback system (2) Audio equipment (3) Television Machines (4) Refrigerators, sports and entertainment equipment, houses and buildings, business buildings, and reinforced concrete structures. There are two conditions for judging whether to include fixed assets: 1) The useful life is more than 1 year; 2) It can bring an inflow of economic benefits to the enterprise.

Fixed assets refer to:

1. Machinery, machinery, transportation tools, and other production-related equipment, tools, and appliances with a service life of more than one year;

2. Items with a unit value of more than 2,000 yuan and a service life of more than 2 years that are not major equipment for production and operation. (The new accounting standards in 2007 have removed the restrictions on the recognized value of fixed assets. As long as the company deems it possible and has a service life greater than one accounting year, it can be recognized as a fixed asset and depreciation will be accrued according to a certain depreciation method).