A truck costing 25000 with a residual value of 5000 was
A truck costing $25,000 with a residual value of $5,000 was purchased. The truck's estimated life is 10 years. What is the book value at the end of year 2 using the declining balance method? Assume depreciation rate of tiwice the straight line rate.
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a truck costing 25000 with a residual value of 5000 was purchased the trucks estimated life is 10 years what is the
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