Using the Double-Declining Balance Method,depreciation Expense for 2012 Would Be

question 83

Multiple Choice

Using the double-declining balance method,depreciation expense for 2012 would be:

• A)$24,000.
• B)$22,000.
• C)$19,000.
• D)$20,000.

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Definitions:

Crystallize

The process by which a solid forms, where the atoms or molecules are highly structured in a pattern known as a crystal lattice.

Olivine

A green iron-magnesium silicate mineral that composes much of the upper mantle and also occurs in mafic and ultramafic igneous rocks.

Plagioclase

A very common rock-forming feldspar mineral that contains sodium, calcium, or both elements.

Crystallization

The process by which a solid forms, where the atoms or molecules are highly structured in a pattern extending in all three spatial dimensions.