Accountıng Iı Deneme Sınavı Sorusu #975879

“A company purchases a car for 30000TL.  and pays 5000TL. for legal fees to acquire it. The company expects to use the car for 5 years and at the end of its useful life, the car is estimated to be sold at 10000TL. Company will apply straight-line depreciation method for the machinery. What is the annual depreciation expense of the car?


4000

5000

8000

15000

25000


Yanıt Açıklaması:

Straight-line depreciation method allocates the depreciable cost of the asset equally to its useful life and is calculated as follows:

Depreciable Cost = Cost of the asset – Residual value

Straight − linedepreciation = DepreciableCost x 1 / Useful life

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