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ANSWER FAST! Which of the following formulas would be INCORRECT In cell C10? D E ok ces A B 1 2 3 Cost $250,000 4
ANSWER FAST! 
Which of the following formulas would be INCORRECT In cell C10? D E ok ces A B 1 2 3 Cost $250,000 4 Salvage $30,000 5 Life (in years) 5 6 January 1 book Depreciation 7 Year value Expense 8 1 $250,000 $44,000 9 2 $206,000 $44,000 10 3 $162,000 $44,000 11 4 $118,000 $44,000 12 5 $74,000 $44,000 Accumulated Depreciation $44,000 $88,000 $132,000 $176,000 $220,000 December 31 book value $206,000 $162,000 $118,000 $74,000 $30,000 Mile China NEM VVV VVVVV 4 11 12 $118,000 $74,000 $44,000 $44,000 $176,000 $220,000 5 Multiple Choice =SLN($B$3,$B$4,$B$5) +08 =B3-B4/B5 (B3-B4/B5
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
