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7) What SUP Partial Year Double Declining Balance Depreciation for Asset 1004 Create a new worksheet...

7) What SUP Partial Year Double Declining Balance Depreciation for Asset 1004 Create a new worksheet to calculate depreciation for a table purchased on August 1, 2017, for $95,000. It has an estimated salvage value of $2,000 and is to be depreciated over 10 years using the double declining balance method. Follow the same process used in the chapter to calculate depreciation for partial periods.

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Expert Solution

Partial year double declining depreciation = 95000*20%*5/12= $7917

ekkarill92 answered 1 year ago
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