I'm a little lost when it comes to recording depreciation.  I was wondering if anyone could help.  We purchased a vehicle, a computer, a trailer, office furniture and storage buildings.  The accountant has already depreciated the values for us, but I'm just wondering how to record it.

We have all the Accum. Amort. accounts set up as (1xxx) accounts.  However, we just have 1 account for Amortization Expense (5xxx).  

Would the journal entry look like this?:

Amortization Expense (5xxx)                   $ x,xxx.xx

Accumulated Amort. - Vehicle  (1xxx)                               $ x,xxx.xx

Accumulated Amort. - Computer  (1xxx)                           $ x,xxx.xx

Accumulated Amort. - Trailer (1xxx)                                  $ x,xxx.xx

Accumulated Amort. - Furniture (1xxx)                              $ x,xxx.xx

Accumulated Amort. - Storage Building  (1xxx)                 $ x,xxx.xx

Also, if this is for 2014 tax year, when is the date of the journal entry?  At the end of 2014 or when I get my taxes done in 2015?