The first cost of a machine is P1,800,000 with a salvage value of P300,000 at the end of its life of 5 years. Determine the total depreciation after 3 years. Using SYD.
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The first cost of a machine is P1,800,000 with a salvage value of P300,000 at the end of its life of 5 years. Determine the total
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- A machine costs P1,800,000. It has a salvage value of P300,000 at the end of 5 years. If money is worth 6% annually, determine the total depreciation at the 2nd year using declining balance method.The first cost of a machine is P1.8M with a salvage value of P300,000 at the end of its life of 5 years. Determine the total depreciation after three years. Using Double Declining Balance Method.The first cost of a machine is P1,800,000 with a salvage value of P300,000 at the end of its life of 5 years. Determine the total depreciation after 3 years. Using Declining Balance Method. COMPLETE SOLUTION
- The first cost of a machine is P1,800,000 with a salvage value of P300,000 at the end of its life of 5 years. Determine the total depreciation after 3 years. USE Using Straight Line Method ans: 900000A certain commodity is amounting P1million. Freight and installation chargesamounted to 3% of the purchased price. It is expected to have a life of 8 years with a salvage value of 12% of the first cost. Determine the depreciation charge during the 5th year using MACRS Method.An asset is purchased for 9,000. It estimated economic life is for 10 years after which it will be sold for P1000. Find the depreciation in the first three years using straight line method?
- The first cost of machine is P 1,800,00 with a salvage value of P300,000 at the end of ts life of 5 years. Determine the total depreciation after 3 years using Sum of Years Digit Method.An Industrial plant bought a generator set for P90,000. Other expenses including installation amounted to P10,000. The generator set is to have a life of 17 years with a salvage value at the end of life of P5,000. Determine the depreciation charge during the 13th year and the book value at the end of 13 years by sum of the year's digit method.Consider the case of apiece of equipment costing $ 20000 and the scrap value $2000. the service life is estimated to be 5 years. Determine the asset value at the end of the first years, and the second years ? H. W at the end of 3d, 4th, 5th years. determine the depreciation cost
- 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 2Prepare a depreciation table for an asset that was bought at P150,000 and estimated to be useful for a period of 7 years. Estimated salvage value is 10% of its original cost. Money is worth 10% CA. Use Sinking fund method Year Initial book value Depreciation Total depreciation Book value -Year 1 - Initial Book value 150,000The first cost of a machine is P1,800,000 with a salvage value of P300,000 at the end of its life of 5 years. Determine the total depreciation after 3 years. Constant Percentage Method ans:P1,185,769.76