Problem based on double-declining balance method


A machine with a five-year estimated useful life and an estimated 10% salvage value was acquired on January 1, 2011. The depreciation expense for 2013 using the double-declining balance method would be original cost multiplied by:

A) 40% x 40%.

B) 90% x 60% x 40%.

C) 60% x 60% x 40%.

D) 90% x 40% x 40%.

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Accounting Basics: Problem based on double-declining balance method
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