Josh bought a huge photocopier machine for 350,000.00 pesos for his new business and will use it for 9 years with a salvage value 85,000.00 pesos. a. How much is the book value on the 4th year if he used sum of the years digit method in computing the depreciation? b. How much is the total depreciation after using the machine for 3 vears?

Josh bought a huge photocopier machine for 350,000.00 pesos for his new business and will use it for 9 years with a salvage value 85,000.00 pesos. a. How much is the book value on the 4th year if he used sum of the years digit method in computing the depreciation? b. How much is the total depreciation after using the machine for 3 vears?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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