Example Problem 2: Re-work Exam ple 1 using DB method when R = 2/N(200%) and R = 1.5/N (150%)Solution:R = 2/N = 2/10 = 0.2d = B (1- R) k-1 (R)d = $ 4,000 (1 - 0.2) 5 (0.2) = $ 262.14d= B [1- (1- R) *]d= $4,000 [1 - (1– 0.2) °] = $ 2,951.42BV, = B (1- R) kBV, = $ 4,000 (1 – 0.2) °BV, = $ 1,048.58

The double declining balance method is an accelerated depreciation method in which depreciation…

Answered: Example Problem 2: Re-work Example 1…

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter4: Operating Activities: Sales And Cash Receipts

Section: Chapter Questions

Problem 1.5C

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Example Problem 2: Re-work Example 1 using DB method when R = 2/N (200%) and R = 1.5/N (150%) Solution: R= 2/N = 2/10 = 0.2 d = B (1- R) k-1 (R)