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SITUATION 8: A brand new record player costs #25,000 has an estimated life of 4 years and can sold P5000 Compute the book va! t the ond of 4 years. Computc the book valuc at the end of 3 years using the following; 60. Using the sinking fund method. If i=10% b. P10,735.85 a. P14,264.15

SITUATION 8: A brand new record player costs #25,000 has an estimated life of 4 years and can sold P5000 Compute the book va! t the ond of 4 years. Computc the book valuc at the end of 3 years using the following; 60. Using the sinking fund method. If i=10% b. P10,735.85 a. P14,264.15

FINANCIAL ACCOUNTING
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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2.30 3 , st AMUW c. P677,194.85 d. P635,983.14 SITUATION 8: A brand new record player costs #25,000 has an estimated life of 4 years and can sold P5000 at the ond of 4 years. Compute the book valuc at the end of 3 years using the following; 60. Using the sinking fund method. If i=10% a. P14,264.15 c. P12,968.30 b.P10,735.85 d. P11,789.37 61. Using SYD method. a. P7,955 b. P8,750 c. P7,000 d. P6,575 62. Compute for the book value at the end of 2nd year Using Double Declining Method. b. P7,812.5 d. P5,870 PA MEW a. P6,250 c. P7,102.27 SITUATION 9: From the measured values of distance EF, The following trials were recorded. Trials Distance
Transcribed Image Text:2.30 3 , st AMUW c. P677,194.85 d. P635,983.14 SITUATION 8: A brand new record player costs #25,000 has an estimated life of 4 years and can sold P5000 at the ond of 4 years. Compute the book valuc at the end of 3 years using the following; 60. Using the sinking fund method. If i=10% a. P14,264.15 c. P12,968.30 b.P10,735.85 d. P11,789.37 61. Using SYD method. a. P7,955 b. P8,750 c. P7,000 d. P6,575 62. Compute for the book value at the end of 2nd year Using Double Declining Method. b. P7,812.5 d. P5,870 PA MEW a. P6,250 c. P7,102.27 SITUATION 9: From the measured values of distance EF, The following trials were recorded. Trials Distance
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