An equipment costing P250, 000 has an estimated life of 15 years with a book value of P30, 000 at the end of the period. Compute the depreciation charge on the 10th year using declining balance method. a. d = P9, 235.93; Cn = P59, 987.34 b. d = P9, 456.78; Cn = P67, 456.98 C. d= P8, 987.45; Cn = P60, 832.80 d. d = P9, 235.93; Cn P60, 832.80 %3D %3D %3D

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An equipment costing P250, 000 has an estimated life of 15 years with a book
value of P30, 000 at the end of the period. Compute the depreciation charge
on the 10th year using declining balance method.
a. d = P9, 235.93; Cn P59, 987.34
b. d = P9, 456.78; Cn = P67, 456.98
C. d= P8, 987.45 Cn P60, 832.80
d. d = P9, 235.93; Cn P60, 832.80
%3D
%3D
%3D
Transcribed Image Text:An equipment costing P250, 000 has an estimated life of 15 years with a book value of P30, 000 at the end of the period. Compute the depreciation charge on the 10th year using declining balance method. a. d = P9, 235.93; Cn P59, 987.34 b. d = P9, 456.78; Cn = P67, 456.98 C. d= P8, 987.45 Cn P60, 832.80 d. d = P9, 235.93; Cn P60, 832.80 %3D %3D %3D
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