The publication value the an asset is equal to thea. Asset"s expense less collected depreciation. B. Asset"s fair value less its historical cost.c. Blue book value relied ~ above by second markets.d. Replacement cost of the asset.

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Which that the complying with methods will an outcome in the greatest depreciation in the an initial year? a. Time valuation. B. Declining-balance. C. Sum-of-year"s-digits. D. Straight-line.
Equipment v a price of \$316000 has an estimated salvage worth of \$16000 and also an estimated life that 4 year or 10000 hours. That is to it is in depreciated by the straight-line method. What is the lot of depreciation because that the an initial full year, during which the tools was used 2000 hours?a. \$75000. B. \$79000. C. \$60000. D. \$76500.
Sandhill Co. To buy a machine on January 1, 2017. The machine cost \$178000 and had an expected salvage worth of \$30000. The life of the device was approximated to it is in 4 years. The firm uses the straight-line an approach of depreciation. The publication value that the device at the beginning of the third year would bea. \$104000. B. \$178000. C. \$148000. D. \$74000.
a. \$104000.(\$178000 - \$30000) ÷ 4 = \$37000; \$178000 - (\$37000 × 2) = \$104000((Cost - sal. Val.) ÷ 4 yrs.) = ann. Dep.; (Cost - (ann. Dep. × 2))
In computing depreciation, salvage value isa. An estimate of a plant asset"s value at the end of its helpful life. B. The fair value of a tree asset top top the day of acquisition. C. Ignored in all the depreciation methods. D. Subtracted from gathered depreciation to recognize the plant asset"s depreciable cost.
Which that the following methods of computer depreciation is production based? a. Straight-line. B. Declining-balance. C. Units-of-activity. D. No one of this answer selections are correct.
A maker that to be purchased ~ above January 1 for \$54000 has actually an estimated salvage worth of \$12000. If the machine"s depreciation price is 20%, its yearly depreciation is a. \$8400. B. \$13200. C. \$10800.d. \$43200.
When an asset is sold, a obtain occurs once the a. Revenue price above the depreciable price of the heritage sold. B. Sale price over the original price of the legacy sold. C. Publication value above the revenue price that the heritage sold. D. Sale price over the book value of the legacy sold.
The declining-balance an approach of depreciation produce a(n)a. Increasing depreciation price each period. B. Decreasing percentage rate each period. C. To decrease depreciation cost each period. D. Continuous amount of depreciation price each period.

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Blossom company purchased devices on January 1, 2016, at a full invoice price of \$1300000. The devices has an estimated salvage value of \$30000 and also an estimated helpful life the 5 years. What is the lot of built up depreciation at December 31, 2017, if the straight-line method of depreciation is used?a. \$508000. B. \$260000. C. \$520000.d. \$254000.