According to Article 60 of the Regulations for the Implementation of the Enterprise Income Tax Law, the time limit for means of transport other than airplanes, trains and ships is 4 years;

Entries can be written like this

Borrow: manufacturing expenses (management expenses, etc. )

Credit: accumulated depreciation

Extended data:

Zazie Hoko

Straight-line depreciation method

(1) Life Average Method

Life-average method refers to a method of evenly allocating the accrued depreciation of fixed assets to the expected service life of fixed assets. The depreciation of each period calculated in this way is equal. The calculation formula is as follows:

Annual depreciation rate =( 1- estimated net salvage value rate)/estimated service life (year) * 100%

Monthly depreciation rate = annual depreciation rate/12

Monthly depreciation amount = original price of fixed assets * monthly depreciation rate

(2) workload method

The workload method is a method to calculate the depreciation amount of each period according to the actual workload. The calculation formula is as follows:

Depreciation amount per unit workload = original price of fixed assets *( 1- estimated net salvage value rate)/estimated total workload.

Monthly depreciation of fixed assets = monthly workload of fixed assets * depreciation of unit workload.

Baidu Encyclopedia-Regulations for the Implementation of People's Republic of China (PRC) Enterprise Income Tax Law