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On October 1, 2015, Ming Wo Ltd

question 60

Multiple Choice

On October 1, 2015, Ming Wo Ltd.places a new asset into service.The cost of the asset is $9,000 with an estimated 5-year life and $1,500 residual value.Assuming that Ming Wo uses the double diminishing-balance method of depreciation, what is the carrying amount of the asset at December 31, 2015?


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Refuse To Participate

The act of declining to take part in an activity, study, or experiment.

Risky Shift

The phenomenon where a group collectively decides on a course of action that is more extreme than they would have decided individually.

Group Polarization

The tendency for a group to make decisions that are more extreme than the initial inclination of its members following group discussion.

Political Organization

A political organization refers to a group structured to promote, pursue, and achieve political objectives and ideologies.

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