How to make accounting entries for office sofas purchased during the preparation period

If it is furniture for office use, it is recorded as a fixed asset. >>>More

In addition to the fixed assets, the expenses incurred during the preparation period are included in the long-term amortized expenses - start-up costs, and the start-up costs can be broken down below. >>>More

If the value is high, it will be included in the fixed assets, and if the value is low, it will be included in the start-up expenses.

The purchased office furniture can be recorded without invoices, but the amortization expense cannot be deducted before tax when calculating the enterprise income tax, and can only be paid with after-tax profits. >>>More

When you enter a fixed asset:

Borrow: Fixed Assets - Office Furniture. >>>More