A machine has a first cost of Php 13,000.,an estimate life of 15 years, and an estimated salvage value of Php 1,000. Using SLM, find a) the annual depreciation charged. b) the annual depreciation rate expressed as percentage of the first cost c) the book value at the end of 9 years.
A machine has a first cost of Php 13,000.,an estimate life of 15 years, and an estimated salvage value of Php 1,000. Using SLM, find a) the annual depreciation charged. b) the annual depreciation rate expressed as percentage of the first cost c) the book value at the end of 9 years.
A machine has a first cost of Php 13,000.,an estimate life of 15 years, and an estimated salvage value of Php 1,000. Using SLM, find a) the annual depreciation charged. b) the annual depreciation rate expressed as percentage of the first cost c) the book value at the end of 9 years.
A machine has a first cost of Php 13,000.,an estimate life of 15 years, and an estimated salvage value of Php 1,000. Using SLM, find a) the annual depreciation charged. b) the annual depreciation rate expressed as percentage of the first cost c) the book value at the end of 9 years.
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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