A company purchased a computer system at a cost of $24,000. The estimated useful life is 7 years, and the estimated residual value is $1,000. Assuming the company uses the double-declining-balance method, what is the depreciation expense for the second year? (do not round your intermediate calculations. Round your answer to the nearest whole dollar amount.)
Answers
Answered by
0
Ram started business with Cash Rs20000
Similar questions
Math,
5 months ago
English,
5 months ago
Business Studies,
5 months ago
Math,
9 months ago
Science,
1 year ago