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2. What is the capitalized cost of a Sugar MilI Plant w/c requires Php 5,000,000 for construction ,Php 100,000 at the end of every year for the first 7 years and then Php 120,000 every year thereafter for operating expenses.Php 400,000 every 4 years for replacement of equipment with 10% interest per annum.

2. What is the capitalized cost of a Sugar MilI Plant w/c requires Php 5,000,000 for construction ,Php 100,000 at the end of every year for the first 7 years and then Php 120,000 every year thereafter for operating expenses.Php 400,000 every 4 years for replacement of equipment with 10% interest per annum.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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2. What is the capitalized cost of a Sugar Mill Plant w/c requires Php 5,000,000 for construction ,Php 100,000 at the end of every year for the first 7 years and then Php 120,000 every year thereafter for operating expenses.Php 400,000 every 4 years for replacement of equipment with 10% interest per annum.
Transcribed Image Text:2. What is the capitalized cost of a Sugar Mill Plant w/c requires Php 5,000,000 for construction ,Php 100,000 at the end of every year for the first 7 years and then Php 120,000 every year thereafter for operating expenses.Php 400,000 every 4 years for replacement of equipment with 10% interest per annum.
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