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A building acquired at the beginning of the year at a cost of $63,600 has an estimated residual value of $1,900 and an estimated useful
A building acquired at the beginning of the year at a cost of $63,600 has an estimated residual value of $1,900 and an estimated useful life of four years. Determine the following.
| (a) | The double-declining-balance rate | fill in the blank 1 | % |
| (b) | The double-declining-balance depreciation for the first year | $ |
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Certified Internal Auditor CIA Practice Of Internal Auditing Part 2- 2019
Authors: Muhammad Zain
1st Edition
1093798459, 978-1093798456
