An equipment costs Php 10,000 with a salvage value of Php 500 at the end of 10 years. Calculate the total depreciation charge and book value at the end of 7 years using: a. straight line method depreciation charge: Php book value: Php b. sinking fund method at 4% interest depreciation charge: Php book value: Php c. declining balance method depreciation charge: Php book value: Php
An equipment costs Php 10,000 with a salvage value of Php 500 at the end of 10 years. Calculate the total depreciation charge and book value at the end of 7 years using: a. straight line method depreciation charge: Php book value: Php b. sinking fund method at 4% interest depreciation charge: Php book value: Php c. declining balance method depreciation charge: Php book value: Php
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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this is a set question please answer all letters, this is my last available question
- Use continuous computations, round off your final answers to two (2) decimal places.
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