A telephone company purchased a microwave radio equipment for P6,000,000. Freight and installation charges amounted to 3% of the purchased price. If the equipment is depreciated over an eight-year period with a salvage value of 5% of Co, determine: (show complete solution) 1. The annual depreciation charge Using SLDM: 2. The book value at the end of 5 years Using SLDM: 3. The annual depreciation charge Using SFDM: 4. The book value at the end of 5 years Using SFDM:
A telephone company purchased a microwave radio equipment for P6,000,000. Freight and installation charges amounted to 3% of the purchased price. If the equipment is depreciated over an eight-year period with a salvage value of 5% of Co, determine: (show complete solution) 1. The annual depreciation charge Using SLDM: 2. The book value at the end of 5 years Using SLDM: 3. The annual depreciation charge Using SFDM: 4. The book value at the end of 5 years Using SFDM:
Chapter11: Long-term Assets
Section: Chapter Questions
Problem 8PA: Referring to PA7 where Kenzie Company purchased a 3-D printer for $450,000, consider how the...
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