Dala e estimated scrap value.
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- At the end of the expected useful life of a depreciable asset with an estimated 15% residual value, the accumulated depreciation would equal the original cost of the asset under which of the following depreciation methods?A certain equipment has a first cost of P 12,000 and a salvage value of P 500 at the end of x years. What is the value of x if the annual depreciation is P 1,437.5 using the Straight Line Method?Use the appropriate function in Excel (=SLN) to calculate the annual straight-line (SL) depreciationcharge for an asset that has a $10,000 acquisition cost, an estimated salvage value of $500, and auseful life of 4 years.
- 3. An asset initially costs P55,000.00 and a salvage value P5,000.00 after 11 years. What is the book value after eight years using straight-line depreciation method?A machine has an initial cost of P50,010.596 and a salvage value of P13,779.901 after 7 years. What is the book value after 3 using straight line depreciation.Description You are to create a year-by-year depreciation schedule for an asset that has a cost basis (B) of $950,000 and estimated salvage value (SV 10) of $80,000 after 10 years. For the straight-line and declining balance methods, use a depreciable life (N) of 10 years. For MACRS, use a recovery period (N) of 7-yrs. ΕΟΥ, Κ 0 1 2 3 st 4 5 6 7 8 'a 9 10 Straight-Line BVk $950,000 Declining Balance dk BVk $950,000 dk MACRS BVk 950,000
- A) Calculate the SYD depreciation charges for year 2 for electro-optics equipment with B = 25,000SR, S = 4000SR, and an 8-year recovery period. B) An asset has a first cost of 100,000SR with 20,000SR salvage value after 5 years: Calculate the annual depreciation and compute the book value of the asset by the end of each year using straight line depreciation.Consider the following data on an asset: • Cost of the asset = $38,000 • Useful life = 6 years • Salvage value = $5,000 Compute the annual depreciation allowances and the resulting book values using a 150% declining balance method. Make sure that the last year's book value equals to the salvage value.A piece of machinery costs P50,000 and has an anticipated P8,000 salvage value at the end of its six-year depreciable life. Using straight line method, what is the annual cost of depreciation?
- A machine costing GH¢40000 is estimated to have a useful lifetime of 5 years and scrap value of GH¢$5000. Construct the depreciation schedule using the sinking-fund method with ji = 8%.Provide step by step manual solution, given, and depreciation table for below mentioned problem. Make sure yet that your answer is the same as the given answer before sending your solution. An asset costing P50,000 has a life expectancy of 6 years and an estimated salvage value of P8,000. Calculate the depreciation charge at the end of the fourth period using fixed-percentage method. Answer. P5,263.87Using the following data, solve for the depreciation and book value and prepare tabulation of book value using Sum-of-Years Digit (SOYD) Method. First cost = ₱10,000 Salvage Value = ₱500 Life of Property = 5 years m = 3 years For sinking fund method, assume 10% interest rate.
