Determine the rate of depreciation, the total depreciation up to the end of the 6th year and
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Determine the rate of depreciation, the total depreciation up to the end of the 6th year and the book value at the end of 6 years for an asset that cost P 16,000 new and has an estimated scrap value of P 2,000 at the end of 10 years by the double declining balance method.
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