Accounting 6th 6-wks Lesson 3 Wed&Thurs 5-13&14
Quiz by Sally Bader
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4 questions
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- Q1Straight Line and Double-Declining Balance are two forms of what?DepreciationPayroll taxesAdjustments30s
- Q2Double-Declining Balance Depreciation 1st step is100% divided by number of years of useful life25% divided by number of years of useful life50% divided by number of years of useful life30s
- Q3Double-Declining Balance Depreciation 2nd step isDouble percentDivide percent by 25%Divide percent by 530s
- Q4Double-Declining Balance Depreciation - there is a different amount of depreciation each yearFalseTrue30s