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Please don't copy from chegg 2. An company bought a telecommunication equipment for P350,000. Other expenses including installation amount to P30,000. The generator is set
Please don't copy from chegg
2. An company bought a telecommunication equipment for P350,000. Other expenses including installation amount to P30,000. The generator is set to have a 14 years with the salvage value at the end of life of P40,000. Determine the depreciation charge during the sth year and the book value at the end of the gth years by (a) double declining balance method (b) sinking fund method with i=20%. (C) SYD method (d) declining balance method and (e) straight-line methodStep by Step Solution
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