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    Practical Business Math Procedures Study Set 1
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    Exam 17: Depreciation
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    Using the Declining-Balance Method, Complete the Table as Shown (Twice
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Using the Declining-Balance Method, Complete the Table as Shown (Twice

Question 6

Question 6

Essay

Using the declining-balance method, complete the table as shown (twice the straight-line rate):
Auto: $30,000
Estimated life: 5 years
Residual value: $800

Correct Answer:

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