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Please show a detailed solution with given. Thank you. A machine costs P326,000, last 8 years and has a salvage value at the end of
Please show a detailed solution with given. Thank you.
A machine costs P326,000, last 8 years and has a salvage value at the end of life of P30,000. Determine the depreciation charge during the 4th year and the book value at the end of 4 years using.
- Straight Line Method
- Sinking Fund Method @ i=10%
- Declining Balance Method
- Double Declining Balance Method
- Sum-of-the-Years-Digit Method
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