Gamma purchases a motor vehicle on 30 September 20X1 for $15,000 on credit. Gamma has a policy of depreciating motorvehicles using the reducing balance method at 15% per annum, pro rata in the years of purchase and sale. What are the correct ledger entries to record the purchase of the vehicle at 30 September 20X1 and what is the depreciationcharge for the year ended 30 November 20X1?Purchase of motor vehicle on 30.9.X1 Depreciation charge for year ended 30.11.X1
A、Dr Non-current assets - cost Cr Payables $15,000 $15,000 $2,250
B、Dr Payables Cr Non-current assets - cost $15,000 $15,000 $2,250
C、Dr Non-current assets - cost Cr Payables $15,000 $15,000 $375
D、Dr Payables Cr Non-current assets - cost $15,000 $15,000 $375
A、Dr Non-current assets - cost Cr Payables $15,000 $15,000 $2,250
B、Dr Payables Cr Non-current assets - cost $15,000 $15,000 $2,250
C、Dr Non-current assets - cost Cr Payables $15,000 $15,000 $375
D、Dr Payables Cr Non-current assets - cost $15,000 $15,000 $375
【参考答案及解析】
To record the purchase of the asset：Dr Non-current assets - cost $15,000Cr Payables $15,000 Depreciation charge is 15,000 x 15% x 2/12 = $375
To record the purchase of the asset：Dr Non-current assets - cost $15,000Cr Payables $15,000 Depreciation charge is 15,000 x 15% x 2/12 = $375