Solution-Determine the depreciation charge during the forth

Determine the depreciation charge during the forth year

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Reference no: EM132773672

Problem 1: A machine costs P 8,000 which last for 7 years with a salvage value at the end of its life of P 355. Determine the depreciation charge during the 4th year and the book value at the end of 4 years by:

1. Sinking Fund Method with interest of 12%;
2. Double Declining Balance Method;
3. MACRS

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Determine the depreciation charge during the forth year

Reference no: EM132773672

Reference no: EM132773672

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