Jimmys DVD, Inc., uses the double-declining-balance method for depreciation on its computers. Which item is not needed

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Jimmy’s DVD, Inc., uses the double-declining-balance method for depreciation on its computers. Which item is not needed to compute depreciation for the fi rst year?

a. Original cost

c. Estimated residual value

b. Expected useful life in years

d. All the above are needed.

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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