A company purchased a POS cash register on January 1 for $5,400. This register has a useful
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Question:
A company purchased a POS cash register on January 1 for $5,400. This register has a useful life of 10 years and a salvage value of $400. What would be the depreciation expense for the second-year of its useful life using the double-declining-balance method?
a. $ 500.
b. $ 800.
c. $ 864.
d. $1,000.
e. $1,080.
Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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