Van 'Purchased' with Bank Loan

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jordan2k510
Posts: 123
Joined: Tue Sep 29, 2009 3:38 pm

Van 'Purchased' with Bank Loan

Post by jordan2k510 »

When do I start depreciating our church van which has a 5 year bank loan which started in 2013?
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NeilZ
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Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
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Re: Van 'Purchased' with Bank Loan

Post by NeilZ »

jordan2k510 wrote:When do I start depreciating our church van which has a 5 year bank loan which started in 2013?
This thread will probably give you a very good set of examples on how to do it. You can begin the deprecation this year:

viewtopic.php?f=3&t=6810&p=23076&hilit= ... ion#p23076
Neil Zampella

Using PC+ since 1999.
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