1. According to the new accounting standards, the accounting method of rent is as follows:

① If the rent paid is less than 1 years,

Borrow: prepayment

Loan: bank deposit

② If the rent paid is more than 1 years,

Borrow: long-term deferred expenses

Loan: bank deposit

③ Amortization should be in accordance with. In amortization,

borrowing: management expenses/manufacturing expenses/sales expenses, etc.

lending: prepayments/long-term deferred expenses

2. According to the New Accounting Standards, enterprises should determine accounting elements according to the economic characteristics of transactions and events. Accounting elements include assets, liabilities, owners' equity, income, expenses and profits.