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majestico majestico
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Posts: 1455
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7 years ago
What would the depreciation expense be in year 5 for a computer system using the straight-line method when cost is $16,000, residual value is $2,000, and the expected life is 7 years?
A) $1,000
B) $2,000
C) $1,500
D) $1,250
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
Read 92 times
1 Reply
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keytwokeytwo
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Posts: 710
7 years ago
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majestico Author
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7 years ago
You make an excellent tutor!
wrote...

Yesterday
Good timing, thanks!
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2 hours ago
Thank you, thank you, thank you!
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