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Grey Company purchased a new van for floral deliveries on October 1, 2019. The van cost $54,000 with an estimated life of 6 years and
Grey Company purchased a new van for floral deliveries on October 1, 2019. The van cost $54,000 with an estimated life of 6 years and $9,000 residual value at the end of its useful life. The double-declining-balance method of depreciation will be used and December 31 is fiseal year end. What is the balance of the Accumulated Depreciation account at December 31 2019
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