DECLINING BALANCE DEPRECIATION Use the same information in Cornerstone Exercise 7-17, except that Irons uses the double-declining-balance

Question:

DECLINING BALANCE DEPRECIATION Use the same information in Cornerstone Exercise 7-17, except that Irons uses the double-declining-balance method of depreciation.

Required:

Prepare the journal entry to record depreciation expense for 2009 and 2010.

Cornerstone Exercise

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