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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
Ironworks Industries purchased a piece of equipment for $65,000 with an estimated salvage value of $15,000 on January 1. Its estimated life is 5 years. To the nearest dollar, what is the equipment's depreciation using double-declining-balance for year 2?
A) $26,000
B) $20,000
C) $15,600
D) $12,000
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Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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bravata Author
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7 years ago
Thank you, thank you, thank you!
kriggs62
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Yesterday
Good timing, thanks!
Ifekwunigwe
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2 hours ago
Thanks
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