Question
23. This information pertains to equipment owned by Brigade Company. Cost of equipment: P100,000 Estimated residual value: P20,000 Estimated useful life: 5 years Depreciation method:
23. This information pertains to equipment owned by Brigade Company.
Cost of equipment: P100,000
Estimated residual value: P20,000
Estimated useful life: 5 years
Depreciation method: Straight-line
The accumulated depreciation at the end of year 3 is:
Group of answer choices
a. 16,000
b. 60,000
c. 48,000
d. 52,000
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Pioneers Of Critical Accounting A Celebration Of The Life Of Tony Lowe
Authors: Jim Haslam, Prem Sikka
1st Edition
113754211X, 9781137542113
