Double-Declining-Balance Depreciation

A computer was purchased on January 1 at a cost of $15,000. It has an estimated useful life of five years and an estimated salvage value of $1,500.

Prepare a depreciation schedule showing the depreciation expense, accumulated depreciation, and book value for each year under the double-declining-balance method.

Double-Declining-Balance Depreciation A computer was purchased on January 1 at a cost of $15,000. It has an estimated useful life of five years and an estimated salvage value of $1,500. Prepare a depreciation schedule showing the depreciation expense, accumulated depreciation, and book value for each year under the double-declining-balance method