Multiple Choice
At the end of Year 5,the equipment was still owned by Jing Company.What is the book value of the office equipment using the straight-line method and double-declining-balance method,respectively?
A) $12,000 and $1,680.
B) $12,000 and $12,000.
C) $0 and $0.
D) None of these answer choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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