A machine with an eight year estimated useful life and an estimated 10% residual value was acquired on January 1,2018. On December 31,2021, the balance of the accumulated depreciation on this asset,...


 A machine with an eight year estimated useful life and an estimated 10% residual value was acquired on January 1,2018.

On December 31,2021, the balance of the accumulated depreciation on this asset, using the sum of the year's digits method would be?




  • Original cost x 26/36

  • (Originalcost x 90%) x 5/36

  • (Original cost x 90%) x 26/36

  • Original cost x 5/36




Jun 09, 2022
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