Question: Calculate depreciation expense using straight line method, double dimnishing method and unit of production of year 2020 and 2021 On July 1, 2020 Sweet Acacia's

Calculate depreciation expense using straight line method, double dimnishing method and unit of production of year 2020 and 2021
Calculate depreciation expense using straight line method, double dimnishing method and unit

On July 1, 2020 Sweet Acacia's Greenhouse purchased a new delivery truck for $100,000. Sweet Acacia estimates that the delivery truck will have a five-year useful life, or 180,000 kilometres, and a residual value of $10,000. Sweet Acacia's Greenhouse has a December 31 year end. Sweet Acacia drove the truck 15,000 kom in 2020 and 39,000 km in 2021

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