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Description: calculate the 5th year depreciation charge using a fixed percentage method of an asset costing P1,000 having a life expectancy of 5 years and an estimated salvage value of P400.

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Accounting

calculate the 5th year depreciation charge using a fixed percentage method of an asset costing P1,000 having a life expectancy of 5 years and an estimated salvage value of P400.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter9: Capital Budgeting And Cash Flow Analysis

Section9.A: Depreciation

Problem 5P

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