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An equipment costing P250, 000...
An equipment costing P250, 000 has an estimated life of 15 years with a book value of P30, 000 at the end of the period Compute the book value after 10 years using declining balance method
Cn=P59, 98734
Correct
Cn=P61, 97580
Cn=P60, 83280
Cn=P67, 45698
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