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28 Sep 2019
#22. Computer equipment was acquired at the beginning of the year at a cost of $54,375. It had an estimated residual value of $3,300 and an estimated useful life of five years.
(a) Depreciable cost
$__
(b) Double-declining-balance rate
___%
(c) Double-declining-balance depreciation for the first year
$__
#22. Computer equipment was acquired at the beginning of the year at a cost of $54,375. It had an estimated residual value of $3,300 and an estimated useful life of five years.
(a) Depreciable cost
$__
(b) Double-declining-balance rate
___%
(c) Double-declining-balance depreciation for the first year
$__
Sixta KovacekLv2
28 Sep 2019