What is the calculation formula for motorcycle depreciation rate?
1 Answers
Motorcycle depreciation rate calculation formula is: (Motorcycle purchase cost - Estimated residual value) / Estimated service life (5~8 years) = Annual depreciation amount Annual depreciation amount / 12 = Monthly depreciation amount. Extended information about motorcycle depreciation fees is as follows: 1. Tax law provisions: The tax law stipulates the following on fixed asset depreciation periods (minimum depreciation period): Houses and buildings are 20 years; Trains, ships, machinery, mechanical and other production equipment are 10 years; Electronic equipment and transportation tools other than trains and ships, as well as appliances, tools, furniture, etc. related to production and operation are 5 years, with the residual value ratio uniformly set at 5% of the original price! Transportation tools are depreciated over 5 years with a 5% residual value. 2. Example: Annual motorcycle depreciation fee = (20000 - 2000) / 5 = 18000 / 5 = 3600 (yuan). Purchase a motorcycle for 20000 yuan, expected to sell for 2000 yuan when scrapped, with an estimated service life of 5 years.