Calculate trucks depreciation using double declining balance


Steiner recliner purchased a delivery truck at the beginning of 2008. The truck cost $17,500 and is expected to last 5 years. Assume the truck has a salvage value of $1,000.

Calculate the trucks depreciation using the double declining balance.

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Accounting Basics: Calculate trucks depreciation using double declining balance
Reference No:- TGS086446

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