The government give to the company the land and the building. I recognized the Asset in DR but what have in CR. Because if the company close have to return the land and the building to the sponsor. I do in cr long term liability but don't recognized the income and the PL don't show the amount of the assets.

Ej.

Building and Land Asset DR
Building and land refundable Long term Liability.


But in the pl don't show the Asset Income

Assets aren't income. What are you referring to?

How I recognized the asset with the journal and do depreciations