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kindly follow the format provided. thank you. Prepare the depreciation table using the declining balance method Belle Company purchased machinery for P550000 on August 1,

kindly follow the format provided. thank you. Prepare the depreciation table using the declining balance method

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Belle Company purchased machinery for P550000 on August 1, 2020. it is estimated that it will have a useful Itfe of 0 years and 46 residual value of P50.000. Prepare the depreciation table using the declining balance method Year 2020 Year 2021 Year 2022 Year 2023 Year 2024 Year 2025 Year 2026 Acquisition coat Accumulated depreciation Net book value Depreciation expense

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