Using Double-Declining Balance Depreciation, Determine the Amount of Depreciation Expense

question 122

Multiple Choice

Using double-declining balance depreciation, determine the amount of depreciation expense and the amount of accumulated depreciation that would appear on the December 31, 2015 financial statements.

• A)$0/$12,000.
• B)$4,320/$11,520.
• C)$480/$12,000.
• D)$2,592/$14,112.

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