Question
Polytechnic University of the Philippines (PUP) purchased 50 units of 2.5HP Inverter Airconditioning units for distribution to various offices on February 12, 2023 and was
Polytechnic University of the Philippines (PUP) purchased 50 units of 2.5HP Inverter Airconditioning units for distribution to various offices on February 12, 2023 and was available for use only on March 12, 2023 after installation. The invoice price amounted to P2,750,000. The estimated useful life is 5 years. How much is the carrying value of the equipment on December 31, 2024?(2 Points) P1,792,083 P1,842,500 P1,748,542 P1,801,250
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Practice Management With Auditing For Coders
Authors: Elsevier
1st Edition
0323482333, 978-0323482332
