Question
LR Products purchased a computer for $13,000 on July 1, 2019. The company intends to depreciate it over 4 years using the double-declining balance method.
LR Products purchased a computer for $13,000 on July 1, 2019. The company intends to depreciate it over 4 years using the double-declining balance method. Salvage value is $4,000. What is depreciation for 2020 (not 2019)? $ Use 66 sign for negative amount, as needed. Use commas and decimal, as needed
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Principles Of Financial Accounting
Authors: Belverd E Needles, Marian Powers
11th Edition
0538755164, 9780538755160
