Question
Solve for each problems. Show your solution legible and neatly. Write the question, the given(also what is the given?), what to find. Box your final
Solve for each problems. Show your solution legible and neatly. Write the question, the given(also what is the given?), what to find. Box your final answer. Round all answer to the nearest whole number.1. An industrial plant bought a generator set for P90,000. Other expenses including installation amounted to P10,000. The generator set is to have a life of 17 years with a salvage value at the end of life of P5,000. Determine the depreciation charge during the 13th year and the book value at the end of 13 years by the(a) declining balance method(b) double declining balance method(c) sinking fund method 12%(d) SYD method.
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