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Name: A four-storey industrial building has a depreciated value of P890,000
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Description: A four-storey industrial building has a depreciated value of P890,000 at the start of 18th year and has a salvage value P50,000. What is the original cost? Use double declining balance method.

Business

Accounting

A four-storey industrial building has a depreciated value of P890,000 at the start of 18th year and has a salvage value P50,000. What is the original cost? Use double declining balance method.

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter18: Accounting For Long-term Assets

Section: Chapter Questions

Problem 2CE

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