A company owns earth moving equipment that cost P100,000. After 8 years it will have estimated Salvage value of P20,000. Compute the annual depreciation cost and the book value at the end of 5 years (a) using SLD (b) Using sinking fund
A company owns earth moving equipment that cost P100,000. After 8 years it will have estimated Salvage value of P20,000. Compute the annual depreciation cost and the book value at the end of 5 years (a) using SLD (b) Using sinking fund
A company owns earth moving equipment that cost P100,000. After 8 years it will have estimated Salvage value of P20,000. Compute the annual depreciation cost and the book value at the end of 5 years (a) using SLD (b) Using sinking fund
A company owns earth moving equipment that cost P100,000. After 8 years it will have estimated Salvage value of P20,000. Compute the annual depreciation cost and the book value at the end of 5 years (a) using SLD (b) Using sinking fund
Definition Video Definition Accounting method wherein the cost of a tangible asset is spread over the asset's useful life. Depreciation usually denotes how much of the asset's value has been used up and is usually considered an operating expense. Depreciation occurs through normal wear and tear, obsolescence, accidents, etc. Video
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