Question: Apparatus bought for PHP 60,000 is expected to last for 30 years. If the book value after 20 years is PHP 20,000, how much is

Apparatus bought for PHP 60,000 is expected to last for 30 years. If the book value after 20 years is PHP 20,000, how much is the depreciation for year 10? Find the book value after 10 years. Construct a depreciation table by using the declining balance method.

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