Maroon V Inc. purchased equipment for new highway construction in New York St., Tondo, Manila, costing P500,00o0. Estimated salvage at the end of the expected life of 5 years is P50,000. Determine the...


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Maroon V Inc. purchased equipment for new highway construction in New York<br>St., Tondo, Manila, costing P500,00o0. Estimated salvage at the end of the<br>expected life of 5 years is P50,000. Determine the (a) depreciation for year 3; (b)<br>implied salvage value after 5 years; using (a) DBM; (b) DDBM.<br>P73,460.00<br>P50,015.00<br>P72,000.00<br>P38,880.00<br>depreciation at<br>year 3 using<br>DDBM<br>implied salvage<br>value after 5<br>years using<br>DDBM<br>depreciation at<br>year 3 using<br>DBM<br>implied salvage<br>value after 5<br>years using DBM<br>

Extracted text: Maroon V Inc. purchased equipment for new highway construction in New York St., Tondo, Manila, costing P500,00o0. Estimated salvage at the end of the expected life of 5 years is P50,000. Determine the (a) depreciation for year 3; (b) implied salvage value after 5 years; using (a) DBM; (b) DDBM. P73,460.00 P50,015.00 P72,000.00 P38,880.00 depreciation at year 3 using DDBM implied salvage value after 5 years using DDBM depreciation at year 3 using DBM implied salvage value after 5 years using DBM

Jun 09, 2022
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