# Double Decling

Anonymous

Question description

Using the double-declining balance method, calculate the annual depreciation expense that will be recorded each year for an asset that cost \$18,300, has a useful life of four years, and has an estimated salvage value of \$3,500.

Complete the depreciation schedule using the double-declining balance method. (Complete all input boxes.) See attached

 Year Rate Book value Annual depreciation Accumulated depreciation 1
 Yr 2
 Yr 3
 Yr 4

Using the double-declining balance method, calculate the annual depreciation expense that will be recorded each year for an asset that cost \$18,300, has a useful life of four years, and has an estimated salvage value of \$3,500. Determine the depreciable cost. Complete the depreciation schedule using the double-declining balance method. (Complete all input boxes.) Year 1 2 3 4 Rate Book value Annual depreciation Accumulated depreciation

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