Straight line method the double declining balance method

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Reference no: EM13751977

Jan 1 - ABC bought company car for 35,000 which will be replaced in 4 years with a salvage value of 10,000.

A. Prepare the depreciation table using the straight line method the double declining balance method.

B. What will the depreciation expense be if the car will last 200,000 miles and was driven only 25,000.

Reference no: EM13751977

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