The original cost of a duplicating machine sold by Lexmark is P150, 000 has economic life of
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The original cost of a duplicating machine sold by Lexmark is P150, 000 has economic life of 8 years with a salvage value of P 9,000 at that time, if the depreciation of the first year is equal to P 44, 475, what method is used in the calculation of the depreciation? show full solution with cash flow diagram.
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Original Cost Lesssalvage Value Depreciable Amount 150000 9000 141000 Estimated Usefull Life 8 Year... View the full answer
Related Book For 
Introduction to Managerial Accounting
ISBN: 978-1259105708
5th Canadian edition
Authors: Peter C. Brewer, Ray H. Garrison, Eric Noreen, Suresh Kalagnanam, Ganesh Vaidyanathan
Posted Date:
