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answer for this with solution thank you An asset having a four-year service life and a salvage value of P5000 was acquired for P45,000 cash

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answer for this with solution thank you

An asset having a four-year service life and a salvage value of P5000 was acquired for P45,000 cash on April 01, 2021. Using straight-line method, compute for the accumulated depreciation to be reported in the balance sheet on December 31, 2022. Answer's format must be based on this example: P400,000 Your

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