Business, 13.08.2019 05:10 nathancikra

Afixed asset with a five-year estimated useful life and no scrap value is sold at the end of the second year of its useful life. how would using the straight-line method of depreciation instead of the double-declining balance method of depreciation affect a gain or loss on the sale of the plant asset?
a) a gain would be greater or a loss would be less using straight-line depreciation.
b) a gain would be less or a loss would be greater using straight-line depreciation.
c) a gain would be less or a loss would be less using straight-line depreciation.
d) neither the gain or loss would be different using straight-line depreciation instead of double-declining-balance method.

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Afixed asset with a five-year estimated useful life and no scrap value is sold at the end of the sec...

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