Mr Roque owns an equipment that costs P90,000. After 8 years, it willhave an estimated salvage value of P18,000. Compute the totaldepreciation for the first two years using sum of the years digit.O P35,000O P40,000P30,000O P45,000O P50,000Other:Mr Roque owns an equipment that costs P90,000. After 8 years, It willhave an estimated salvage value of P18,000. Compute the book value atthe end of five years using sum of the years digit method.P50,000P40,000P30,000OP55,000P35,000

Name: Mr Roque owns an equipment that costs P90,000. After 8 years, it will
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Description: Mr Roque owns an equipment that costs P90,000. After 8 years, it willhave an estimated salvage value of P18,000. Compute the totaldepreciation for the first two years using sum of the years digit.O P35,000O P40,000P30,000O P45,000O P50,000Other:Mr R

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Mr Roque owns an equipment that costs P90,000. After 8 years, it will have an estimated salvage value of P18,00o. Compute the total depreciation for the first two years using sum of the years digit. O P35,000 O P40,000 O P30,000 O P45,000 O P50,000 O Other:

Mr Roque owns an equipment that costs P90,000. After 8 years, it will have an estimated salvage value of P18,00o. Compute the total depreciation for the first two years using sum of the years digit. O P35,000 O P40,000 O P30,000 O P45,000 O P50,000 O Other:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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