Author Question: Depreciation method that assumes an asset depreciates more in the early years of its useful life ... (Read 111 times)

cool

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Depreciation method that assumes an asset depreciates more in the early years of its useful life than in the later years is called double declining balance depreciation.
  Indicate whether the statement is true or false

Question 2

Creighton Construction ordered 200,000 worth of steel beams for a new project. The invoice listed trade discounts of 30/20/15.  The Net Price = 95,200
  Indicate whether the statement is true or false



johnharpe

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Answer to Question 1

FALSE

Answer to Question 2

TRUE



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