A machine costs Php. 7,000.00, last 8 years and a salvage value at the end of life of Php.350.00. Determine the depreciation charge during the 4th year and the book value at the end of 4 years by: (a) Straight-line method (b) Declining balance method (c) Sinking Fund Formula with interest at 12% (d) SYD method

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
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A machine costs Php. 7,000.00, last 8 years and a salvage value
the end
of life of Php.350.00. Determine the depreciation charge during the 4th year and the
book value at the end of 4 years by:
(a) Straight-line method
(b) Declining balance method
(c) Sinking Fund Formula with interest at 12%
(d) SYD method
Transcribed Image Text:A machine costs Php. 7,000.00, last 8 years and a salvage value the end of life of Php.350.00. Determine the depreciation charge during the 4th year and the book value at the end of 4 years by: (a) Straight-line method (b) Declining balance method (c) Sinking Fund Formula with interest at 12% (d) SYD method
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