Desks, chairs, sofas, and beds in the dormitory are several sets, how to build fixed assets

Desks, chairs, sofas, and beds in dormitories are all within the scope of low-value consumables.

Borrow: low-value consumables.

Credit: Cash on hand (or bank deposits).

At the time of amortization:

Desks, chairs, sofas, etc. are charged to administrative expenses.

Borrow: Amortization of administrative expenses --- low-value consumables.

Credit: Low-value consumables.

Beds in dormitories are credited to the welfare fee.

Borrow: management expenses --- welfare expenses.

Credit: Low-value consumables.

The amortization method is an accounting policy and once determined, it generally cannot be changed.

Desks, chairs, sofas, if you want to enter the fixed assets, it doesn't matter, depreciation in 5 years.

However, the bed in the dormitory is a welfare fee, because it is not directly related to production and operation. Even if you get a special VAT invoice, it can't be deducted, so let's list the management expenses directly.

These are all within the scope of accounting for low-value consumables.

It's not all low-value consumables, like desks, which are obviously in the category of management expenses, and you can borrow fixed assets to loan management expenses.