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What is vehicle depreciation journal entry?

What is vehicle depreciation journal entry?
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      When the Accumulated depreciation account is not maintained, the journal entry for vehicle depreciation shall be

                                   Particulars     Debit   Credit
      Depreciation a/c                                              Dr.      (xxx)
           To Vehicle a/c      (xxx)
      (Being Depreciation charge on Vehicle made)

      For example, let us assume that a vehicle (Bike) was purchased on 1st April 2019 with INR. 2,50,000, the rate of depreciation is 15% and also the Company follows the straight-line method of calculating depreciation.

      Then the journal entries shall be,

      The depreciation charge for the 1st Year 

              Date                                Particulars  Debit  Credit
      31-03-2020 Depreciation a/c Dr.  37,500
          To Vehicle a/c  37,500
      (Being Depreciation made on Vehicle)

      The depreciation charge for the 2nd Year 

              Date                                Particulars  Debit  Credit
      31-03-2021 Depreciation a/c Dr.  37,500
          To Vehicle a/c  37,500
      (Being Depreciation made on Vehicle)

      The depreciation charge for the 3rd Year

              Date                                Particulars  Debit  Credit
      31-03-2022 Depreciation a/c Dr.  37,500
          To Vehicle a/c  37,500
      (Being Depreciation made on Vehicle)

      The respective ledger accounts for all three years are given below:

      When the Accumulated depreciation account is maintained, the journal entry for vehicle depreciation shall be

                                   Particulars   Debit   Credit
      Depreciation a/c                                              Dr.    (xxx)
           To Accumulated depreciation a/c    (xxx)
      (Being Depreciation charge on Vehicle made)

      Taking the above said example,

      The depreciation charge for the 1st Year 

              Date                                Particulars  Debit  Credit
      31-03-2020 Depreciation a/c Dr.  37,500
          To accumulated depreciation a/c  37,500
      (Being Depreciation made on Vehicle)

      The depreciation charge for the 2nd Year 

              Date                                Particulars  Debit  Credit
      31-03-2021 Depreciation a/c Dr.  37,500
          To accumulated depreciation a/c  37,500
      (Being Depreciation made on Vehicle)

      The depreciation charge for the 3rd Year

              Date                                Particulars  Debit  Credit
      31-03-2021 Depreciation a/c Dr.  37,500
          To accumulated depreciation a/c  37,500
      (Being Depreciation made on Vehicle)

      The respective ledger accounts for all three years are given below:

       

       

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