Question
A firm bought equipment for P560,000. Other expenses including installation amounted to P4000. The equipment is expected to have a life of 16years with a
A firm bought equipment for P560,000. Other expenses including installation amounted to P4000. The equipment is expected to have a life of 16years with a salvage value of 10% of the original cost of the equipment. Determine the book value at the end of 12years by sinking fund method at 12% interest.
MAKE A DEPRECIATION TABLE (EXCEL). thanks in advance
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Intermediate Microeconomics And Its Application
Authors: Walter Nicholson, Christopher M. Snyder
13th Edition
0357133064, 978-0357133064
