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PROBLEM 4: USE DOUBLE DECLINING BALANCE METHOD OF DEPRECIATION Doforanea chabter 6 slides 3234 Complete the following information for the truck A. Calculate the Depreciation

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PROBLEM 4: USE DOUBLE DECLINING BALANCE METHOD OF DEPRECIATION Doforanea chabter 6 slides 3234 Complete the following information for the truck A. Calculate the Depreciation Expense: Use a multiple of 2 Show your work in this box B. COMPLETE THE DEPRECIATION TABLE FOR THE TRUCK BELOW NOTE: Type your formula in the cells for depreciation expense (Slide 31) YEAR 3 Book Value (Cost) Depreciation Expense YEAR 4 Book Value (Cost) Depreciation Expense YEAR 5 Book Value (Cost) Depreciation Expense \begin{tabular}{|c|c|c|c|} \hline \multicolumn{1}{|c|}{ YEAR } & DEPRECIATION EXPENSE & BEGINNING & ENDING \\ \hline 1 & & & \\ \hline 2 & & & \\ \hline 3 & & & \\ \hline 4 & & & \\ \hline 5 & & & \\ \hline \end{tabular}

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