93. A machine costing P720,000 is estimated to have a life of 10 years. If the annual rate of depreciation is 22%, determine the total depreciation using a constant percentage of the declining balance method. A. P679,454.27 B. P532,825.73 C. P432,725.45 D. P764,243.33

93. A machine costing P720,000 is estimated to have a life of 10 years. If the annual rate of depreciation is 22%, determine the total depreciation using a constant percentage of the declining balance method. A. P679,454.27 B. P532,825.73 C. P432,725.45 D. P764,243.33

Name: 93. A machine costing P720,000 is estimated to have a life of 10 year
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Description: 93. A machine costing P720,000 is estimated to have a life of 10 years. If the annual rate ofdepreciation is 22%, determine the total depreciation using a constant percentage of thedeclining balance method.A. P679,454.27В. Р532,825.73С. Р432,725.45D

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)

22nd Edition

ISBN:9781305666160

Author:James A. Heintz, Robert W. Parry

Publisher:James A. Heintz, Robert W. Parry

Chapter18: Accounting For Long-term Assets

Section: Chapter Questions

Problem 3CE

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