Using DBM, the book value of a machine on the 4th year and 7th year are P186,706 and P48,392 respectively. What is the salvage value if the machine has an estimated life of 14 years?
Using DBM, the book value of a machine on the 4th year and 7th year are P186,706 and P48,392 respectively. What is the salvage value if the machine has an estimated life of 14 years?
Using DBM, the book value of a machine on the 4th year and 7th year are P186,706 and P48,392 respectively. What is the salvage value if the machine has an estimated life of 14 years?
Using DBM, the book value of a machine on the 4th year and 7th year are P186,706 and P48,392 respectively. What is the salvage value if the machine has an estimated life of 14 years? 4.If the depreciation on year 6 is 18,856 and the book value on the same year is 468,573 and money is worth 5.00%, find the salvage value of the equipment with expected life of 12 years using SFM.
Write your final answer in two decimal places.
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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