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A company purchased a computer on July 1, 2015 for $50,000.Estimated useful life of the computer was 5 years and it has no residual value.Which

A company purchased a computer on July 1, 2015 for $50,000.Estimated useful life of the computer was 5 years and it has no residual value.Which of the following methods should be used to best match its expense against the revenue it produces?

  • the first-in, first-out method
  • the double-declining-balance method
  • the straight-line method
  • the units-of-production method

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