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103. ABC Company purchased an equipment on April 1, 2020 for P500,000 with a 5 year useful life. On june 1, 2020, the entity purchased

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103. ABC Company purchased an equipment on April 1, 2020 for P500,000 with a 5 year useful life. On june 1, 2020, the entity purchased a machinery for 2,000,000 with a 5 year useful life. The depreciation method of the entity uses for equipment is sum of the years digit, while double declining balance machineries. Residual value are estimated of 10% at acquisition cost How much is the book value of property, plant, and equipment as of September 30, 2020? a. 2,158,333 b. 2,185,000 C. 1,935,000 d. 2,108,333 e. None of the above

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