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On December 31, 2019, the building of Nigo Co. with historical cost of P20,000,000 and accumulated depreciation of P5,000,000 is estimated to have a replacement

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On December 31, 2019, the building of Nigo Co. with historical cost of P20,000,000 and accumulated depreciation of P5,000,000 is estimated to have a replacement cost of P30,000,000. Actual life is 5 years. Fill in the table and label appropriately: At Cost Replacement Cost Appreciation Building Accum. Depreciation What do you call the balances

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