An engine bought for Php 1,800,000.00 has a service life of 13 yrs which can then estimated to be valued at Php 500,000.00. Perform all 5 depreciation methods if the interest is 7% compounded annually. The following must be presented: a. Tabular form in exact order: Year, Depreciation charge on each year, Total depreciation on each year, Book Values b. Book value curves of each methods all in ONE graph with proper and identifiable labeling. Do it using excel application

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter11: Long-term Assets
Section: Chapter Questions
Problem 8PA: Referring to PA7 where Kenzie Company purchased a 3-D printer for $450,000, consider how the...
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Q.2. An engine bought for Php 1,800,000.00 has a service life of 13 yrs which can then estimated to be valued at Php 500,000.00. Perform all 5 depreciation methods if the interest is 7% compounded annually. The following must be presented: a. Tabular form in exact order: Year, Depreciation charge on each year, Total depreciation on each year, Book Values b. Book value curves of each methods all in ONE graph with proper and identifiable labeling. Do it using excel application
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