a) Double-declining-balance rate= 100/4*2= 50%
b) Double-declining-balance depreciation for the first year= Cost price*Depreciation rate
= $74800*50%
= $37400
Double-Dedining-Balance Deprediation A building acquired at the beginning of the year at a cost of $74,800...
Double-Dedining-Balance Depreciation A building acquired at the beginning of the year at a cost of $82,800 has an estimated residual value of $6,600 and an estimated useful Me of four years Determine the following. (a) The double declining balance rate (b) The double-declining balance depreciation for the first year olo AliExpress It's Singles Day! Check My Work Start shopping! Dont show on -arch oo е в том ® 7:54 PM D 440 11/10/2019
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A building acquired at the beginning of the year at a cost of $93,600 has an estimated residual value of $6,600 and an estimated useful life of four years. Determine the following. (a) The double-declining-balance rate % (b) The double-declining-balance depreciation for the first year
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