Q110
A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method?
A.
P 2,000.00
AnswerB.
P 2,100.00
C.
P 2,200.00
D.
P 2,300.00
Answer: Option A
Solution
Answer: Option A
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