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On June 1, 2016, Bagby Co. purchased a new car for $36,000 with a useful life of 8 years and residual value of $4,800. If the company used double-declining-balance computed to the nearest whole year, depreciation
Shahzad Afridi
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Oct 28, 2022
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On June 1, 2016, Bagby Co. purchased a new car for $36,000 with a useful life of 8 years and residual value of $4,800. If the company used double-declining-balance computed to the nearest whole year, depreciation expense for 2017 was?
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Shahzad Afridi
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Shahzad Afridi
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$6,750
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I hope this helps!
SuperK
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Nov 2, 2022
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