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Posted on Jul 10, 2024

A new asset is purchased for SR 130,000 and is estimated to have a life of six years and a salvage value of SR 10,000

A new asset is purchased for SR 130,000 and is estimated to have a life of six years and a salvage value of SR 10,000 at the end of that time. How much the difference between the book values at year 5 between that obtained by the method of double balancing and that of sum of the digit method.

534.9

5714.3

15173.3

14015.8

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		534.9
		5714.3
		15173.3
		14015.8