29. The first cost of a machine is P1,800,000 with a salvage value of P300,000 at the end of its life of 5 years. Determine the total depreciation after 3 years. Using Sum of Years Digit Method c. P1,300,000 a. P1,150,000 b. P1,200,000 d. P1,350,600

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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29. The first cost of a machine is P1,800,000 with a
salvage value of P300,000 at the end of its life of 5
years. Determine the total depreciation after 3
years. Using Sum of Years Digit Method
a. P1,150,000
c. P1,300,000
b. P1,200,000
d. P1,350,600
Transcribed Image Text:29. The first cost of a machine is P1,800,000 with a salvage value of P300,000 at the end of its life of 5 years. Determine the total depreciation after 3 years. Using Sum of Years Digit Method a. P1,150,000 c. P1,300,000 b. P1,200,000 d. P1,350,600
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