Show in tabular form (depreciation schedule) the computation for the depreciation expenses, accumulated depreciation, and book value per year for a machine worth P1,000,000 with a salvage value of 10% of the original cost and a depreciable life of 5 years using: 1. straight line method 2. sum of year's digits method 3. declining balance method 4. double declining balance method

Show in tabular form (depreciation schedule) the computation for the depreciation expenses, accumulated depreciation, and book value per year for a machine worth P1,000,000 with a salvage value of 10% of the original cost and a depreciable life of 5 years using: 1. straight line method 2. sum of year's digits method 3. declining balance method 4. double declining balance method

Name: pls answer #4 only DEPRECIATIONShow in tabular form (depreciation sche
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Description: pls answer #4 only DEPRECIATIONShow in tabular form (depreciation schedule)the computation for the depreciation expenses,accumulated depreciation, and book value peryear for a machine worth P1,000,000 with asalvage value of 10% of the original cost a

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 3CE: A machine costing 350,000 has a salvage value of 15,000 and an estimated life of three years....

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