dump truck bought for P900,000 six years ago. It will have a salvage value of P100,000 two years from now. What is the book value at the end of 6" year. Use Straight-line Method
dump truck bought for P900,000 six years ago. It will have a salvage value of P100,000 two years from now. What is the book value at the end of 6" year. Use Straight-line Method
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:3.
damp truck bought for P900,000 six years ago. It will have a salvage value of P100,000 two
years from now. What is the book value at the end of 6th year. Use Straight-line Method
4.
company owns earth moving equipment that cost P100,000. After 8 years it will have estimated
Parvage value of P20,000. Compute the annual depreciation cost and the book value at the end of
5 years (a) using SLD (b) Using sinking fund
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