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H3Ko H3Ko
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Posts: 4891
7 years ago
A company purchased a computer on July 1, 2017 for $50,000. Estimated useful life of the computer was five years, and it has no residual value. Which of the following methods should be used to best match its expense against the revenue it produces?
A) the units-of-production method
B) the straight-line method
C) the first-in, first-out method
D) the double-declining-balance method
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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.unplugged..unplugged.
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Posts: 1272
7 years ago
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H3Ko Author
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7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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