Declining Balance Depreciation OBJECTIVE 34 CORNERSTONE 7.3 Refer to the information in Exercise 7-19. Irons uses the

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Declining Balance Depreciation OBJECTIVE 34 CORNERSTONE 7.3 Refer to the information in Exercise 7-19. Irons uses the double-declining-balance method of depreciation.

\section*{Required:}

Prepare the journal entry to record depreciation expense for 2018 and 2019.

Prepare the journal entry to record depreciation expense for 2018 and 2019.

\section*{Cornerstone Exercise

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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