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Entity E bought a passenger car for 377.600 TL (VAT 18%) on 01.08.2020. The useful life of the car is 8 years and depreciation is 

Entity E bought a passenger car for 377.600 TL (VAT 18%) on 01.08.2020. The useful life of the car is 8 years and depreciation is allocated according to the decreasing balance method. Accordingly a-) Calculate the depreciation amount that will be set aside on 31.12.2020 (Show the amount by explaining how you calculated it. B-) Show the depreciation record to be made on 31.12.2021

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