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8 to 9. 8 to 9 8. An equipment was purchased for P600,000 on January 1, 2019. It had an estimated useful life of 10
8 to 9.
8 to 9 8. An equipment was purchased for P600,000 on January 1, 2019. It had an estimated useful life of 10 years, estimated residual value of P100,000 and was depreciated using straight line method. On December 31, 2022, the estimated useful life is revised to 12 years and the estimated residual value is changed to P50,000. How much is the depreciation for 20237 9. Refer to no.8. This time, assume the depreciation method is changed to SYD on Dec. 31, 2022 and that there is no change in the original useful life and residual value. How much is the depreciation for 2023 Step by Step Solution
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