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On October 1, 2020, ADMIRABLE Company acquired air conditioning unit for store use costing P100,000. The estimated useful life is 5 years and estimated residual

On October 1, 2020, ADMIRABLE Company acquired air conditioning unit for

store use costing P100,000. The estimated useful life is 5 years and estimated

residual value is P10,000. How much is the accumulated depreciation as of

December 31, 2021?

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