The initial cost of a piece of construction equipment is P30,000,000 having a useful life of 10 years. The estimated salvage value of the equipment at the end of the useful life is P450,000. Determine accumulated depreciation at the end of 5th year using Sinking fund method, if interest rate is 8.2 % per year?
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- A machinery worth BD20,000 has a lifetime of10 years and a salvage value of Rs. 1500. Calculate the accumulated depreciation and book value at the end 10th year by if annual interest rate is 9% using Sinking fund method, Service output method. Show the calculation in a table for all уears.An equipment cost P60,000 today and its salvage value is P20,000 after 6 years. Calculate its depreciation at year 2 with 3.45% interest rate.Use Sinking Fund MethodA machine has a first cost of P400,000 and a salvage value of P46,000 17 years from now. If the interest is 10%. Find the annual depreciation(P) using sinking fund method of depreciation.
- A machine has a first cost of P50,000 with interest rate of 10% annually. Expected salvage value after 10 years is P5,000. Find the total depreciation after 9 years using sinking fund method.The cost of an equipment is P650,000 and the cost of installation is P45,000. If the salvage value is 12% of the cost of equipment at the end of 10 years, determine the book value at the end of the fourth year. a. Use straight-line method (SLM) b. Use sinking fund method (SFM) at 3.5% interest. Please answer completely will give rating surely Please answer very soonAn equipment cost P60,000 today and its salvage value is P20,000 after 6 years. Calculate its total depreciation at year 4 with 3% interest rate. Use Sinking Fund Method
- An equipment cost P60,000 today and its salvage value is P20,000 after 6 years. Calculate its book value at year 3 with 3.24% interest rate. Use Sinking Fund MethodAn Equipment costs P10,000 with a salvage value of P500 at the end of 10 years. Calculate the annual depreciation cost by sinking fund method at 4% interestThe cost of an equipment is P650,000 and the cost of installation is P45,000. If the salvage value is 12% of the cost of equipment at the end of 10 years, determine the book value at the end of the fourth year. a. Use straight-line method (SLM) b. Use sinking fund method (SFM) at 3.5% interest. Please answer completely will give rating surely Complete Answer needed
- An equipment cost P60,000 today and its salvage value is P20,000 after 6 years . Calculate its depreciation at year 1 with 3.83% interest rate.Use Sinking Fund Method NOTE: Please Solve and explain! and indicate your final answer!A machine has a first cost of P800,000 and a salvage value of P50,000 at the end of its life after 10 years. The annual saving for the use of the machine amount s to P124,900.97. If the annual maintenance of the machine is P4000 and the sinking fund to recover depreciation earns 6%, compute for the rate of return of investment. Answer: 8%Depreciation: A certain asset valued at P 12,000.00 with a 4-year life, is estimated to have a scrap value of P 600.00. If the depreciation fund earns 8%. Find the annual deposit using the sinking fund method and prepare a depreciation schedule.