A telephone company purchased a microwave radio equipment for P 6,000,000. Freight and installation charges amounted to

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A telephone company purchased a microwave radio equipment for P 6,000,000. Freight and installation charges amounted to 3% of the purchased price. If the equipment shall be depreciated over a period of 8 years with a salvage value of 5%, determine (a) annual depreciation charge using straight line method (b) depreciation charge during the fifth year using sum-of-years-digits method.

Posted Date: Dec 06, 2021 02:02 AM

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A telephone company purchased a microwave radio equipment for P 6,000,000. Freight and installation charges amounted to

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Actual cost of the equipment purchase price freight and installation ... View the full answer

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