Question: Current Attempt in Progress Which of the following does NOT apply to the declining - balance method? The book value should not be reduced below
Current Attempt in Progress
Which of the following does NOT apply to the decliningbalance method?
The book value should not be reduced below residual value.
Residual value is not deducted in calculating the depreciation base.
In certain circumstances, the book value may be reduced below residual value.
It results in a decreasing charge to depreciation expense.
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