The machine cost 20,000 pesos with a useful life of 10 years. If the book value at the end of 6th year is 9,280 pesos and worth of money is 3% annually. Determine the salvage valye by sinking fund method of depreciation
The machine cost 20,000 pesos with a useful life of 10 years. If the book value at the end of 6th year is 9,280 pesos and worth of money is 3% annually. Determine the salvage valye by sinking fund method of depreciation
The machine cost 20,000 pesos with a useful life of 10 years. If the book value at the end of 6th year is 9,280 pesos and worth of money is 3% annually. Determine the salvage valye by sinking fund method of depreciation
The machine cost 20,000 pesos with a useful life of 10 years. If the book value at the end of 6th year is 9,280 pesos and worth of money is 3% annually. Determine the salvage valye by sinking fund method of depreciation.
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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