At the end of its first year of operations,Andrews Company calculated its depreciation expense using three different methods.Following are the calculations using these methods:
Net income for Andrews Company using the straight-line method of depreciation is $92,000.Using this information,answer the following questions.calculate the following items:
a.What would net income be using the double-declining balance method?
b.What would net income be using the production method?

Question

At the end of its first year of operations,Andrews Company calculated its depreciation expense using three different methods.Following are the calculations using these methods:
  Net income for Andrews Company using the straight-line method of depreciation is $92,000.Using this information,answer the following questions.calculate the following items: 
a.What would net income be using the double-declining balance method?
b.What would net income be using the production method?

Quizplus · Accepted Answer

The Answer of At the end of its first year of operations,Andrews Company calculated its depreciation expense using three different methods.Following are the calculations using these methods:
  Net income for Andrews Company using the straight-line method of depreciation is $92,000.Using this information,answer the following questions.calculate the following items: 
a.What would net income be using the double-declining balance method?
b.What would net income be using the production method?

At the End of Its First Year of Operations,Andrews Company