The first cost of a Turbo machine is Php 2,000,000 with a salvage value of Php 400,000 at the end of its life of five years. Determine the depreciation after three years using Constant-Percentage Method
The first cost of a Turbo machine is Php 2,000,000 with a salvage value of Php 400,000 at the end of its life of five years. Determine the depreciation after three years using Constant-Percentage Method
The first cost of a Turbo machine is Php 2,000,000 with a salvage value of Php 400,000 at the end of its life of five years. Determine the depreciation after three years using Constant-Percentage Method
The first cost of a Turbo machine is Php 2,000,000 with a salvage value of Php 400,000 at the end of its life of five years. Determine the depreciation after three years using Constant-Percentage Method.
Definition Video Definition Accounting method wherein the cost of a tangible asset is spread over the asset's useful life. Depreciation usually denotes how much of the asset's value has been used up and is usually considered an operating expense. Depreciation occurs through normal wear and tear, obsolescence, accidents, etc. Video
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