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An equipment costing P250,000 has an estimated life of 15 years with a book value of P30,000 at the end of the period. Compute the

An equipment costing P250,000 has an estimated life of 15 years with a book value of P30,000 at the end of the period. Compute the depreciation charge and its book value after 10 years using straight-line method. Ans. P24,336.26

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