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When a firm bought a non-current asset, for example a car, and paid full price $50 000, the accounts would not record the $50 000 as expenses in the year

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When a firm bought a non-current asset, for example a car, and paid full price $50 000, the accounts would not record the $50 000 as expenses in the year. How do the accounts record the expenses of using the car, and how is it shown in the income statement?