On December 15th, 20X1, Bijou Ltd. purchases a vehicle under the following conditions: acquisition cost in the amount of 3000 CU, delivery fee 600 CU (applied by the same supplier), VAT 19%. On December 17th, 20X1, the supplier is paid. On December 31st, 20X1, the vehicle is put into operation. The useful life is estimated at 5 years. The residual value is estimated at 200 CU and the depreciation method used is the straight-line method. Present the accounting treatment of the vehicle if:
a. after 5 years—the vehicle is disposed;
b. after 4 years—the vehicle is sold at the selling price of 500 CU, VAT 19%.
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