A company purchased an equipment for P 536733 and paid 15556 for freight and delivery charges to the job site. The equipment has a normal life of 11 years with a trade-in value of P19006 against the purchase of a new equipment at the end of the life. What is the annual depreciation cost by means of sinking fund method. Assume interest 6% compounded annually. in 2 decimal value
A company purchased an equipment for P 536733 and paid 15556 for freight and delivery charges to the job site. The equipment has a normal life of 11 years with a trade-in value of P19006 against the purchase of a new equipment at the end of the life. What is the annual depreciation cost by means of sinking fund method. Assume interest 6% compounded annually. in 2 decimal value
A company purchased an equipment for P 536733 and paid 15556 for freight and delivery charges to the job site. The equipment has a normal life of 11 years with a trade-in value of P19006 against the purchase of a new equipment at the end of the life. What is the annual depreciation cost by means of sinking fund method. Assume interest 6% compounded annually. in 2 decimal value
A company purchased an equipment for P 536733 and paid 15556 for freight and delivery charges to the job site. The equipment has a normal life of 11 years with a trade-in value of P19006 against the purchase of a new equipment at the end of the life. What is the annual depreciation cost by means of sinking fund method. Assume interest 6% compounded annually.
in 2 decimal values,
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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