2013年11月10日星期日

Declining-Balance Method problem?

  • interstate truck rental
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Alan Chemicals Company acquires a delivery truck at a cost of $37,800 on January 1, 2012. The truck is expected to have a salvage value of $4,900 at the end of its 5-year useful life. Assuming the declining-balance depreciation rate is double the straight-line rate, compute annual depreciation for the first and second years under the declining-balance method.


First Yr.:

Second Yr.:

Declining-Balance Method problem?

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