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Home Q & A Board Other Fields Homework Help Business Accounting
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Harrison Harrison
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6 years ago
When using the double-declining-balance depreciation method, the asset's residual value is used in computing the first year of depreciation.
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
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TheSinTheSin
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6 years ago
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Harrison Author
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6 years ago
Good timing, thanks!
kevin12323h
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
kc123
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2 hours ago
Thanks
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