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Belle Company purchased machinery for P570,000 on January 1, 2020. It is estimated that it will have a useful life of 10 years and residual

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Belle Company purchased machinery for P570,000 on January 1, 2020. It is estimated that it will have a useful life of 10 years and residual value of P20,000 Prepare the depreciation schedule using the straight line method. Year 2020 Year 2021 Year 2022 Year 2023 Year 2024 Year 2025 Year 2026 Year 2027 Year 2028 Year 2029 Acquisition cost Accumulated depreciation Net book value

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