n January 2 nd , Jenny purchased a delivery van for cash. Jenny estimates that the business
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n January 2nd, Jenny purchased a delivery van for cash. Jenny estimates that the business will use the van for 8 years and that it will have a resale value after 8 years for 30% of the purchase price. In addition to the purchase price of the van, Jenny had to pay $1,000 for tax and delivery charges. whats the depreciation expense using double declining method. The purchase price for the van is $21900.
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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