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Double-Declining Balance Method of Depreciation Assignment

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February 17th, 2020

Home Homework Market Double-Declining Balance Method of Depreciation Assignment

On January 1, 2019, Walter Firm bought equipment for $83,700. On the finish of its Three-year service life, it’s estimated that the equipment will likely be value $5,000. What’s the quantity of depreciation expense that may be recorded within the adjusting entry on December 31, 2021 (finish of the third 12 months) utilizing the double-declining steadiness methodology of depreciation? four.300. .

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