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An Equipment was purchased on January 1, 2019 at a cost of 96,000 with residual value of 12,000 and usefullife 5 years, declining balance method
An Equipment was purchased on January 1, 2019 at a cost of 96,000 with residual value of 12,000 and usefullife 5 years, declining balance method is used for depreciation, what is the annual depreciation expense for the third year 2021? a. 13,824 . b. 23,040 C. 38,400 . d. 20,736
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Cost Accounting For Managerial Planning Decision Making And Control
Authors: Andrew Schiff, Hsihui Chang, Woody M Liao, James L Boockholdt
5th Edition
0759340412, 978-0759340411
