On January 1,2012,Rowley Company purchased a truck that cost $22,000.The truck had an expected useful life of 5 years and a $4,000 salvage value.The amount of depreciation expense recognized in 2012 assuming that Rowley uses the double declining balance method is:

Question

Quizplus · Accepted Answer

The Answer of On January 1,2012,Rowley Company purchased a truck that cost $22,000.The truck had an expected useful life of 5 years and a $4,000 salvage value.The amount of depreciation expense recognized in 2012 assuming that Rowley uses the double declining balance method is:

On January 1,2012,Rowley Company Purchased a Truck That Cost $22,000