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April 1, 2020

XYZ company purchased machinery on January 1, 2012 for $25,000.

XYZ company purchased machinery on January 1, 2012 for $25,000. The company expects to use the machineryfor 5 years and then sell it for $5,000. Complete the following depreciation table assuming Double-Declining-Balancedepreciation:XYZ company purchased a new machinery on January 1, 2012 for $25,000. The company expects to use themachineryfor 5 years and then sell it for $5,000. Complete the following depreciation table assuming Double-Declining-Balancedepreciation:End o£Year·12345Cost ofMachinery-.DepreciationExpense-·–AccumulatedDepreciation, End Book Value, End ofof YearYear

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XYZ company purchased machinery on January 1, 2012 for $25,000. The company expects to use the machineryfor 5 years and then sell it for $5,000. Complete the following depreciation table assuming Double-Declining-Balancedepreciation:XYZ company purchased a new machinery on January 1, 2012 for $25,000. The company expects to use themachineryfor 5 years and then sell it for $5,000. Complete the following depreciation table assuming Double-Declining-Balancedepreciation:End o£Year·12345Cost ofMachinery-.DepreciationExpense-·–AccumulatedDepreciation, End Book Value, End ofof YearYear

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XYZ company purchased machinery on January 1, 2012 for $25,000. The company expects to use the machineryfor 5 years and then sell it for $5,000. Complete the following depreciation table assuming Double-Declining-Balancedepreciation:XYZ company purchased a new machinery on January 1, 2012 for $25,000. The company expects to use themachineryfor 5 years and then sell it for $5,000. Complete the following depreciation table assuming Double-Declining-Balancedepreciation:End o£Year·12345Cost ofMachinery-.DepreciationExpense-·–AccumulatedDepreciation, End Book Value, End ofof YearYear

XYZ company purchased machinery on January 1, 2012 for $25,000. The company expects to use the machineryfor 5 years and then sell it for $5,000. Complete the following depreciation table assuming Double-Declining-Balancedepreciation:XYZ company purchased a new machinery on January 1, 2012 for $25,000. The company expects to use themachineryfor 5 years and then sell it for $5,000. Complete the following depreciation table assuming Double-Declining-Balancedepreciation:End o£Year·12345Cost ofMachinery-.DepreciationExpense-·–AccumulatedDepreciation, End Book Value, End ofof YearYear

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