Find the book value of machine purchased 2 years ago for P20,000 if it is depreciated using sum of years digits (SYD) method. The expected life of the machine is 6 years. O P9,542 P9,524 O P9,245 P9,254

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Find the book value of machine purchased 2 years ago for P20,000 if it
is depreciated using sum of years digits (SYD) method. The expected life
of the machine is 6 years.
P9,542
P9,524
P9,245
P9,254
Transcribed Image Text:Find the book value of machine purchased 2 years ago for P20,000 if it is depreciated using sum of years digits (SYD) method. The expected life of the machine is 6 years. P9,542 P9,524 P9,245 P9,254
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