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Category > Accounting Posted 27 Jul 2017 My Price 7.00

Sandblasting equipment acquired at a cost of $42,000 has an estimated residual value of $6,000

Sandblasting equipment acquired at a cost of $42,000 has an estimated residual value of $6,000 and an estimated useful life of 10 years. It was placed in service on October 1 of the current fiscal year, which ends on December 31, 2012. Determine the depreciation for 2012 and for 2013 by (a) the straight-line method and (b) the double-declining-balance method.

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Alpha Geek
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Status NEW Posted 27 Jul 2017 06:07 AM My Price 7.00

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Attachments

file 1501137304-2099154_1_636366690338072337_straight-line-method.xlsx preview (175 words )
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