会。 云 397/quizzes/25113/take Problem 7 Salawahan Company had the following machineries that are depreciated under the group depreciation method: Depreciable Cost Residual Value Useful Life Depreciation Cost Equipment A 000ʻ000'd 15 P200,000 000'00. 000'00 Equipment B 8. 000'0000 250,000 000'00T 000'00 Equipment C 5,300,000 500,000 000'00€ 000'000 Total P10,600,000 P600,000 P950,000 000ʻ000,0Td After 4, years Salawahan sold Equipment A for P800,000 and purchased Equipment D for P5,000,000 to replace the asset. How much is the debit to accumulated depreciation upon sale of Equipment A? (Use 2 decimal places in computing for the composite rate, e.g., 2.51%) P. MacBook A 08 F3 DD F6 F8 F4 F5
会。 云 397/quizzes/25113/take Problem 7 Salawahan Company had the following machineries that are depreciated under the group depreciation method: Depreciable Cost Residual Value Useful Life Depreciation Cost Equipment A 000ʻ000'd 15 P200,000 000'00. 000'00 Equipment B 8. 000'0000 250,000 000'00T 000'00 Equipment C 5,300,000 500,000 000'00€ 000'000 Total P10,600,000 P600,000 P950,000 000ʻ000,0Td After 4, years Salawahan sold Equipment A for P800,000 and purchased Equipment D for P5,000,000 to replace the asset. How much is the debit to accumulated depreciation upon sale of Equipment A? (Use 2 decimal places in computing for the composite rate, e.g., 2.51%) P. MacBook A 08 F3 DD F6 F8 F4 F5
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:会。
云
397/quizzes/25113/take
Problem 7
Salawahan Company had the following machineries that are depreciated under the group
depreciation method:
Depreciable
Cost
Residual Value
Useful Life Depreciation
Cost
Equipment A
000ʻ000'd
15
P200,000
000'00.
000'00
Equipment B
8.
000'0000
250,000
000'00T
000'00
Equipment C
5,300,000
500,000
000'00€
000'000
Total
P10,600,000 P600,000
P950,000
000ʻ000,0Td
After 4, years Salawahan sold Equipment A for P800,000 and purchased Equipment D for
P5,000,000 to replace the asset. How much is the debit to accumulated depreciation upon sale of
Equipment A? (Use 2 decimal places in computing for the composite rate, e.g., 2.51%)
P.
MacBook A
08
F3
DD
F6
F8
F4
F5
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