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Basic Accounting Knowledge: Beginning Date Of Lease And Beginning Date Of Lease Term

2010/12/21 16:39:00 40

"Accounting standards for Enterprises No. twenty-first - leasing" to "

Lease

The definitions of "starting date" and "beginning date of the lease term" are respectively defined as:

The term "renting date" refers to the earlier date on which the lease agreement is made with the leasing parties on the main lease terms.

The beginning date of the lease term is the beginning date for the lessee to exercise his right to use the leased asset.

Guidelines for the application of Enterprise Accounting Standards No. third - investment real estate - three. The conversion of investment real estate is clearly defined as:

"Confirmation of a conversion day..."

2. As inventory.

real estate

The lease shall be changed to the lease, or the right to use the building and the land for the purpose of use shall be changed to rent, and the conversion date shall be the beginning date of the lease term. "

According to the above provisions, the rental buildings and buildings are converted into "

Investment

The date of "real estate" shall be accounted for in the "beginning date of the lease term".

In addition, it is necessary to specify that if the rental housing buildings and the corresponding land use rights are accounted for separately in the two subjects of "fixed assets" and "intangible assets", they should be converted into "investment real estate" subjects at the same time, accounting according to the different accounting modes.