Hi there
The double declining balance method of depreciation, also known as the 200% declining balance method of depreciation, is a common form of accelerated depreciation. Accelerated depreciation means that an asset will be depreciated faster than would be the case under the straight line method. Under declining balance method the residual value is not subtracted from from the cost of 50000
Now let's start to solve the question
First find the depreciation rate
100/5=20% this is the depreciation rate of straight line method
So the depreciation rate under declining balance method is double of the rate of straight line method
So it's 40%
In the first year the depreciation
50,000×0.4=20,000
book value
50,000−20,000=30,00
In the second year the depreciation
30,000×0.4=12,000
book value
30,000−12,000=18,000
in the third year the depreciation
18,000×0.4=7,200
book value
18,000−7,200=10,800
in the fourth year the depreciation is
10,800×0.4=4,320.
its fourth full year of depreciation expense under double-declining-balance will be 4320
Answer:
D)- When employees see performance measures as fair, they are likelier to apply the feedback.
Explanation:
There is a book named 'the 4 disciplines of execution' where the author relates the importance of metrics in the performance of the team. Having the measures in mind permit us to compare and react to the objectives demanded by the organization.
Answer:
I think it's make decisions
Explanation:
"CRM is a set of methods that companies use to <em>understand </em>customers. These methods <em>make decisions</em> regarding the selected customer segments"
Answer:
Warranty Expense = $17,850
Estimated Warranty Payable = $17,850
Explanation:
given data
sale revenue = $595,000
Warranty expense = 3 % of sale revenue
paid out = $8,500
solution
we get here estimated warranty expenses that is
estimated warranty expenses = 3% of sale revenue ................1
estimated warranty expenses = 0.03 × $595000
estimated warranty expenses = $17850
so here journal entry record estimate warranty expenses are as
Title debit credit
warranty expenses $17850
warranty payable $17850
and
journal entry to record warranty payments
Title debit credit
warranty payable $8500
inventory $8500