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Suppose a business has bought a machine for $ 100,000. They have estimated the machines useful life to be eight years, with a residual value
Suppose a business has bought a machine for $ 100,000. They have estimated the machines useful life to be eight years, with a residual value of $ 11,000. Use the double declining balance method to calculate below; Depreciation Rate Year Beginning Book Value Depreciation Rate Depreciation expense Accumulated depreciation 1 a $ b$ c$ d$ 2 e$ f$ g$ h$ Blank 1: Blank 2: Blank 3: Blank 4: Blank 5: Blank 6: Blank 7: Blank 8: Blank 9
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