Complete the table

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Complete the table

Asset
A
B
C
D
E
Cost Residual Value
30,000
60,000
85,000
250,000
210,000
$
5,000
20,000
30,000
Service Life
(Years)
5
8
10
8
Depreciation
Method
DDB
SL
SL
SL
DDB
Depreciation
(Year 2)
$
33,000
5,500
8,000
23,000
Transcribed Image Text:Asset A B C D E Cost Residual Value 30,000 60,000 85,000 250,000 210,000 $ 5,000 20,000 30,000 Service Life (Years) 5 8 10 8 Depreciation Method DDB SL SL SL DDB Depreciation (Year 2) $ 33,000 5,500 8,000 23,000
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