Solution-What the net book value of the asset is

What the net book value of the asset is

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Reference no: EM132737296

Problem 1: The equipment was bought on April 30, 2022 with a cost of P88,000, salvage value after 13 years of 10,000. What is the depreciation for the fiscal year ended March 31, 2026?

Problem 2: If the annual depreciation is P12,000 and the accumulated depreciation is P36,000, at depreciation rate of 20% per year, the net book value of the asset is

Reference no: EM132737296

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What the net book value of the asset is

Reference no: EM132737296

Reference no: EM132737296

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