Question: Please show the whole solution! A certain copier machine cost P150,000 with a trade-in value of P15,000 after making 800,000 copies. Using the declining balance

Please show the whole solution! A certain copier machine cost P150,000 with a trade-in value of P15,000 after making 800,000 copies. Using the declining balance method, what is the book value when the machine had made 300,000 copies? Thank you and have a blessed day!

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Show complete solution. Do not use excel A dump truck costs $ 50 000 lasts 12 years with a salvage value of $ 5000. If the owner decides to sell it after using for 5 years, what should be his price...

Q:

Hello again, this is another class and I need your help again. I misunderstood the start date of the class so I'm a bit late for this first week so I'm sorry for having to ask you to finish some of...

Q:

Hello again, this is another class and I need your help again. I misunderstood the start date of the class so I'm a bit late for this first week so I'm sorry for having to ask you to finish some of...

Q:

i increase the price but i need that you check the general journal because it's automatically the worksheet you can't change the worksheet Building Blocks of Accounting .. A Financial Perspective to...

Q:

i increase the price but i need that you check the general journal because it's automatically the worksheet you can't change the worksheet Building Blocks of Accounting .. A Financial Perspective to...

Q:

i increase the price but i need that you check the general journal because it's automatically the worksheet you can't change the worksheet Building Blocks of Accounting .. A Financial Perspective to...

Q:

i increase the price but i need that you check the general journal because it's automatically the worksheet you can't change the worksheet Building Blocks of Accounting .. A Financial Perspective to...

Q:

download the...

Q:

Please show the work in Excel Review the requirements of the Chapter 3 Mini-Case, parts b through j. Then apply those requirements to do an analysis of Starbucks. Do the analysis on the basis of the...

Q:

Answers to cybertext project. Fill in the blanks. Lengthy project. General ledger, unadjusted trail balance, statement of cash flows. adjusted trial balance, income statement. Need to finish by 11:00...

Q:

1. Binder Company made several purchases and sales of inventory over their first year of business. At the end of the year, a review of invoices indicated a total of 45,650 units of inventory had been...

Q:

In Exercises 1, assume that you plan to use a significance level of a - 0.05 to test the claim that p1.= p2. Use the given sample sizes and numbers of successes to find (a) The pooled estimate p-,...

Q:

Anabytical procedures performed in planning an audit reveal that Allowance for Doubtful Accounts as a percentage of Accounts Receivable has decreased from last year. Which of the followins is the...

Q:

Which element of the marketing mix is demonstrated when a company mant Multiple Choice product production place price

Q:

You have heard the expression, Its not what you know, its who you know, thats important. Do you agree? If it is true, is it fair?

Q:

This chapter lists six networking objectives (see Networking section). For which of these reasons (or for what other reasons) do you have to network?

Q:

Which motivation theory (Chapter 8) was Latoya using to defend her position to use graduate assistants?