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Accelerated Methods Comparison Illustration: ( HW ) FACTS Lynch Inc. purchases equipment with a 5 - year life for $ 1 0 , 0 0
Accelerated Methods Comparison
Illustration: HW
FACTS Lynch Inc. purchases equipment with a year life for $no salvage value on July The company's fiscal year ends on December Lynch decides to use either the sumof theyears'digits method or the doubledecliningbalance method.
QUESTION How would you compute depreciation for these two methods for and
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