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Tidy Limited purchased a new van on January 1, 2016. The van cost $20,000. It has an estimated life of Five years and the estimated
Tidy Limited purchased a new van on January 1, 2016. The van cost $20,000. It has an estimated life of Five years and the estimated residual value is $5,000. Tidy uses the double-declining-balance method to compute depreciation.
$9,600. $12,800. $3,200 $4,800 |
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