A semiconductor manufactures equipment that costs Php 1,800,000, with an estimated salvage value of 10% at the end of six years using straight line method,Construct a Depreciation Schedule and determine the book value of the equipment after 4 years,O 680.000O 690,000O 820.000O 720.000

Salvage Value = Php 1,800,000 x 10% = Php 180,000 Under Straight Line Depreciation Method : Yearly…

Answered: A semiconductor manufactures equipment…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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A semiconductor manufactures equipment that costs Php 1,800,000, with an estimated salvage value of 10% at the end of six years using straight line method. Construct a Depreciation Schedule and determine the book value of the equipment after 4 years. O 680.000 O 0.000 O 820000 O 720.000