How to deal with the tax on the company's car purchase?

The purchase of automobiles by enterprises is included in the accounting of fixed assets. Vehicles are fixed assets, and depreciation expenses can be deducted before tax, but the price of vehicles cannot be deducted before tax. The accounting entries are as follows:

Borrow: fixed assets-cars (original value),

Borrow: taxes payable-value-added tax payable (input tax),

Loan: bank deposit.

Because cars purchased in the name of enterprises belong to fixed assets, depreciation needs to be accrued. The accounting entries are as follows:

Debit: management expenses-depreciation expenses,

Credit: accumulated depreciation.