Depreciation life and net salvage value rate of office furniture are generally 5 years, and the salvage value rate is generally about 5%. The relevant laws and regulations on depreciation and accounting methods of office furniture are as follows. The depreciation period and net salvage value rate of office equipment are the same as those of furniture. Legal basis for depreciation of office furniture: Article 60 of the Regulations for the Implementation of the Enterprise Income Tax Law of People's Republic of China (PRC) stipulates that the minimum depreciation period of fixed assets is: (1) 20 years for houses and buildings; (2) Aircraft, trains, ships, machines, machinery and other production equipment, 10 year; (3) Appliances, tools and furniture. 5 years related to production and business activities; (4) Four years for vehicles other than airplanes, trains and ships; (five) electronic equipment, for 3 years. An enterprise shall, according to the nature and use of fixed assets, reasonably determine the estimated net salvage value of fixed assets. Once the estimated net residual value of fixed assets is determined, it shall not be changed. Accounting method for depreciation and net salvage value rate of office furniture: For example, for the latest batch of public furniture with a price of 105200 yuan, the monthly depreciation and annual depreciation shall be calculated according to the depreciation period and salvage value rate specified by the company. For example, the depreciation period is 5 years and the residual value rate is 5%. Then: monthly depreciation amount =105200 * (1-5%)/60 (this is 5 years ***60 months) = 1665.67 first year depreciation amount =1665.67 */kloc.