On January 1,2011,Always There Services Inc

question 30

Essay

On January 1,2011,Always There Services Inc.purchased a new machine for $900,000.The machine had an estimated useful life of 10 years and a salvage value of $250,000.Always There elected to depreciate the machine using the double-declining-balance method.On January 1,2014,the company decided to change to straight-line depreciation.
Ignoring income tax considerations,prepare the entries to record
(1)Always There's 2013 depreciation expense.
(2)Always There's 2014 depreciation expense.

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Definitions:

Indication

A sign or piece of information that suggests something may be true or is likely to happen, often used in decision-making to guide choices or anticipate outcomes.

Machiavellianism

A personality trait characterized by a manipulative approach, lack of morality, and a focus on self-interest and deception.

Predisposition

An inclination or tendency to think, feel, or act in a particular way.

Unethical

Unethical refers to actions or behavior that violate moral principles or professional standards, often causing harm or unfair outcomes.