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Declining balance depreciation method of an asset with a cost of $50,000, estimated life of...

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Accounting

Declining balance depreciation method of an asset with a cost of $50,000, estimated life of 5 years and estimated salvage value of $10,000
A)Is not allowed under Canadian GAAP
B)Multiplies a constant rate times the net coat(cost less residual value)
C)Results in a smaller depreciation expense in the forst year of depreciation than the straight line method
D)None of the above
E)Results in a larger depreciation expense in the first year of depreciation than ghe straight line method

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