The related data of Giyumi company's machinery: Estimated useful life 11 years Year 1 depreciation if under

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The related data of Giyumi company's machinery:

Estimated useful life 11 years

Year 1 depreciation if under straight line method P10,000

Year 1 depreciation if under double declining method P25,000

How much is the estimated residual value of machinery?

Related Book For answer-question

Intermediate accounting

ISBN: 978-0077647094

7th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Posted Date: May 07, 2024 01:44 PM

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The related data of Giyumi company's machinery: Estimated useful life 11 years Year 1 depreciation if under

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To calculate the estimated residual value of the machinery we first need to determine the total depr... View the full answer

Intermediate accounting

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