
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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PLEASE SOLVE THIS TWO PROBLEMS ASAP. THANK YOU!
A. A machine costs P388868 with a salvage value of P18029 is expected to last for 28537 hours in 5 years. In the first year of service it was used for 8077 hours. Compute the book value at the end of the first year.
B.The cost of a certain asset is P486042 , its life is 5 years and scrap value is P9050 . Find the cost of
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