The monitor is one of the main components of a personal computer. Its replacement can be made as a result of breakdown or due to obsolescence. Each case has its own peculiarities of posting a monitor purchased for an organization.
It is necessary
primary documents confirming the purchase of the monitor (invoice and consignment note)
Instructions
Step 1
Make the following entries in accounting when a new monitor arrives, if your organization purchased it instead of a failed one: - Debit account 10 "Materials", Credit account 60 "Settlements with suppliers" - the purchase of a monitor was taken into account (as a spare part for repairing a computer); - Debit of account 19 "VAT on purchased values", Credit of account 60 "Settlements with suppliers" - VAT is reflected upon its purchase.
Step 2
Write off the cost of the monitor to the expense accounts, as expenses for the repair of the fixed asset: - Debit account 20 "Main production" (or in debit 25, 26, 44 accounts - depending on which department of the organization it was replaced), Credit account 10 "Materials" - the cost of spare parts (monitor) for computer repair has been written off.
Step 3
Make the following entries in accounting when a new monitor arrives, if your organization purchased it for modernization instead of an obsolete one: - Debit account 08 "Investments in non-current assets", Credit account 60 "Accounts with suppliers" - a new monitor was capitalized; - Debit account 19 "VAT on purchased values", Credit of account 60 "Settlements with suppliers" - VAT is reflected upon its acquisition.
Step 4
Take the cost of the obsolete monitor to other expenses by making the following entries: - Debit of account 01.2 "Fixed assets", Credit of account 01.1 - the disposal of the obsolete monitor at its original cost is taken into account; - Debit of account 02 "Depreciation", Credit of account 01.2 - the amount of accrued depreciation is taken into account the old monitor; - Debit account 91.2 "Other expenses", Credit account 01.2 - the old monitor was written off at its residual value.
Step 5
Reflect in accounting the replacement of the monitor: - Debit of account 01.1 "Fixed assets", Credit of account 08 "Investments in non-current assets" - the replacement of an obsolete monitor with a new model is reflected.
