A company purchased a POS cash register on January 1 for $5,400. This register has a useful life of 10 years and a salvage value of $400. What would be the depreciation expense for the second-year of its useful life using the double-declining-balance method?
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the value of the asset at the end of its useful life is 864. ... A company purchased a POS cash register on January 1 for $5,400. This register has a useful life of 10 years and a salvage value of $400. ... for the second-year of its useful life using the double-declining-balance ... Register now or log in to answer.
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