In double declining method is a form of an accelerated depreciation method in which asset value is depreciated at twice the rate it is done in the straight line method.in this we multiply rate by 2.
Explanation:
we will calculate rate of depreciation by dividing 100% by useful life of an asset
i.e. , 
=16.66%
now we will multiply by 2 = 16.67% × 2
= 33.34%
now calculation depreciation by multiplying book value at begining with 33.34%
which will give depreciation from 1 January 2018 to 31 December 2018
=33.34%×$36000
=$12000 (approx.)
So book value on December 31 ,2019 will be $24000 ($36000-$12000).
<span>The price of gas increased, which means fewer people will buy gas in the future.</span>
The inventory ledger contains the data regarding the amount of each type of merchandise a company has. To add up, the inventory ledger is the record in which its main function is to "track inventory transactions." It is important that the contents of the inventory ledger should coincide with the general ledger.
Trial balance is used to see the accurate of the balancing of ledgers. if there is an error in the trial balance a temporary account known as the suspense account can be opened
Answer: Explicit Costs
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