Solved: The amount of depreciation expense recognized in 2014, Accounting Basics

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The amount of depreciation expense recognized in 2014

On January 1, 2014, Rowley Company purchased a truck that cost $32,000. The truck had an expected useful life of 5 years and a $4,000 salvage value. The amount of depreciation expense recognized in 2014 assuming that Rowley uses the double declining balance method is:

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Accounting Basics: The amount of depreciation expense recognized in 2014

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Accounting Basics: The amount of depreciation expense recognized in 2014

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