Quiz 20.55 – JFS Co.

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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What is the appropriate journal entry to record JFS Co.'s change from straight-line to double-declining-balance depreciation method? Which of the following accounts should be credited or debited?

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  • Search Terms: a accumulated asset. d) change changed co. credit debit depreciable depreciation. depreciation. b) depreciation. c) does double-declining-balance entry entry. from includes: a) jfs journal not record require straight-line the to
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