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Other Fields Homework Help Accounting Topic started by: KarenSmith on Dec 13, 2016



Title: Command, Inc uses the double-declining-balance method of depreciation. The company just purchased a ...
Post by: KarenSmith on Dec 13, 2016
Command, Inc uses the double-declining-balance method of depreciation. The company just purchased a piece of equipment for $1,450,000, with an estimated life of 25 years and a residual value of $150,000. What is the first year's depreciation expense?
A) $  58,000.
B) $104,000.
C) $116,000.
D) $  52,000.


Title: Re: Command, Inc uses the double-declining-balance method of depreciation. The company just ...
Post by: suryoyo on Dec 14, 2016
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Title: Re: Command, Inc uses the double-declining-balance method of depreciation. The company just purchased a ...
Post by: KarenSmith on Jan 25, 2017
You guys have been so helpful


Title: Re: Command, Inc uses the double-declining-balance method of depreciation. The company just purchased a ...
Post by: suryoyo on Feb 14, 2017
Excellent, happy for you :D