An equipment cost P60,000 today and its salvage value is P20,000 after 6 years . Calculate its depreciation at year 1 with 3.83% interest rate.Use Sinking Fund Method
An equipment cost P60,000 today and its salvage value is P20,000 after 6 years . Calculate its depreciation at year 1 with 3.83% interest rate.Use Sinking Fund Method
An equipment cost P60,000 today and its salvage value is P20,000 after 6 years . Calculate its depreciation at year 1 with 3.83% interest rate.Use Sinking Fund Method
An equipment cost P60,000 today and its salvage value is P20,000 after 6 years . Calculate its depreciation at year 1 with 3.83% interest rate.Use Sinking Fund Method
NOTE: Please Solve and explain! and indicate your final answer!
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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