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Northland Community and Technical College Online - Spring 2011 | ||
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 | Accounting (Available Titles CengageNOW) (23rd Edition) by Dr Carl S. Warren, Jonathan E. Duchac, Dr James M. Reeve, Duchac Warren Reeve Hardcover, 1,328 Pages, Published 2008 ISBN-10: 0-324-66296-3 / 0324662963 ISBN-13: 978-0-324-66296-2 / 9780324662962 The double-declining-balance method provides for a declining periodic expense over the expected useful life of the asset. The double-declining-balance method is applied in three steps. Step 1. Determine the straight-line percentage using the expected useful life. Step 2. Determine the double-decl | |