Question
A machine costs P 8,000 which last for 7 years with a salvage value at the end of its life of P 355. Determine the
A machine costs P 8,000 which last for 7 years with a salvage value at the end of its life of P 355. Determine the depreciation charge during the 4th year and the book value at the end of 4 years by:
(a) Double Declining Balance Method;
(b) MACRS
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Econometric Analysis Of Cross Section And Panel Data
Authors: Jeffrey M Wooldridge, J M Wooldridge
2nd Edition
0262232588, 9780262232586
