What accounting subjects should be included in the payment before hotel decoration?

It is suggested that the pre-renovation expenses of the hotel be included in: long-term deferred expenses-renovation expenses account;

Do when it happens:

Borrow: long-term prepaid expenses-decoration expenses;

Loans: bank deposits/accounts payable and other subjects;

Amortization after 3 years:

Borrow; Management fee-decoration fee;

Loan: Long-term prepaid expenses-decoration expenses.

Long-term prepaid expenses refer to the expenses that the account is used to account for the expenses that the enterprise has spent, but the amortization period exceeds 65,438+0 years (excluding 65,438+0 years), including the repair expenses of fixed assets, the improvement expenses of leased fixed assets and other prepaid expenses with amortization period exceeding 65,438+0 years.

Under the subject of "long-term deferred expenses", the enterprise shall set up detailed accounts according to the types of expenses, conduct detailed accounting, and disclose its amortized value, amortization period and amortization method according to the expense items in the notes to the accounting statements.

Extended data accounting principles

The old accounting standards for enterprises stipulated that:

(1) All expenses incurred by the enterprise during the preparation period, except for the purchase and construction of fixed assets, are first collected in the long-term deferred expenses and included in the current profits and losses when the enterprise starts production and operation.

(2) The expenditure on improvement of leased fixed assets shall be amortized evenly within the shorter period of the lease term and the expected service life.

(3) If the major repair expenditure of fixed assets is deferred, the actual major repair expenditure shall be amortized equally during the major repair interval.

(4) If the handling fee or commission paid by a joint stock limited company by entrusting other units to issue shares minus the interest income during the freezing period of issuing shares is not enough to offset the premium of issuing shares, or there is no premium, it will be amortized as a long-term deferred expense within a period of no more than 2 years and included in the management expenses.

(5) Other long-term deferred expenses shall be amortized evenly during the benefit period.

Baidu Encyclopedia-Long-term prepaid expenses