Question
A building acquired at the beginning of the year at a cost of $92,800 has an estimated residual value of $7,400 and an estimated useful
A building acquired at the beginning of the year at a cost of $92,800 has an estimated residual value of $7,400 and an estimated useful life of 4 years. Determine the following.
(a)The double-declining-balance rate -------------------------------------------------- %
(b)The double-declining-balance depreciation for the first year -----------------$
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Control And Audit Of Minicomputer Systems
Authors: British Computer Society
1st Edition
0471261866, 978-0471261865
