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Test 19A Asset Record Depreciation Value Transactions Balance Deprec STEP: 5 of 5 5 Calculate the depreciation rate, beginning book value, annual depreciation expense, accumulated
Test 19A Asset Record Depreciation Value Transactions Balance Deprec STEP: 5 of 5 5 Calculate the depreciation rate, beginning book value, annual depreciation expense, accumulated depreciation, and ending book value for a truck, using the double declining-balance method. The truck was bought on January 1, 20X6, for $45,000. Estimated salvage value is $4,000.00. Estimated useful life is five years. Year Beginning Book Value Annual Depreciation Accumulated Depreciation Ending Book Value 20X6 $ $ $45,000.00 20X7 20X8 20X9 20YO TOTAL SCORE: 14.48/22 Grade Final Step (to complete this step and unlock the next step) Save & Continue
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