radio service panel truck initially costs P100T. Its resale value at the end of the fifth year is estimated at P5T. Determine year 3 depreciation using Matheson method. a. P13,598.993 b. P24,756.951 c. P7,469.927
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A radio service panel truck initially costs P100T. Its resale value at the end of the fifth year is estimated at P5T. Determine year 3
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- Machinery for an assembly line has a cost basis of $150,000 and an expected salvage of $25,000. It is not subject to special limitations for bonus depreciation. How much bonus depreciation was, is, or will be allowed (a) in 2014? (b) in 2018? (c) in 2024? (d) in 2026?The total depreciation of an equipment after its 16 years of useful life is P448,475. Using the Straight-Line method of depreciation, determine the following: 1. Total depreciation after 9 years. 2. First cost, if the salvage value is 10% of the first cost. 3.Book value after 11 years, if the salvage value is 15% of the first cost.( Note: This is not connected to Question 2) With detailed solution not in excell. Guaranteed to vote it up, thank you.Prepare a depreciation table for an asset bought at P150,000 and estimated to be useful for a period of 7 years. Estimated salvage value is 10% of its original cost. Year Beginning Book Value Depreciation Book Value 1 150,000 2