Solution-Determine what was the acquisition cost of the

Determine what was the acquisition cost of the equipment

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Reference no: EM132759445

Problem 1: On January 1, 2018, Pam Company acquired equipment to be used in the manufacturing operations. the equipment had an estimated useful life of to years and an estimated residual value of 50,000 pesos. the depreciation applicable to this equipment was 240,000 pesos for 2020 computed under the sum of years digits method. What was the acquisition cost of the equipment?

Reference no: EM132759445

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Determine what was the acquisition cost of the equipment

Reference no: EM132759445

Reference no: EM132759445

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