An industrial plant bought a generator set for P90,000. Other expenses including installation amounted to P 10,000. The generator set is to have a life of 17 years with a salvage value at the end of life of P5,000. Determine the depreciation charge during the 13th year and the book value at the end of 13 years by the following method. a) Double Declining Balance Method b) SYD method

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
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An industrial plant bought a generator set for P90,000. Other expenses including installation
amounted to P 10,000. The generator set is to have a life of 17 years with a salvage value at the
end of life of P5,000. Determine the depreciation charge during the 13th year and the book value
at the end of 13 years by the following method.
a) Double Declining Balance Method
b) SYD method
Transcribed Image Text:An industrial plant bought a generator set for P90,000. Other expenses including installation amounted to P 10,000. The generator set is to have a life of 17 years with a salvage value at the end of life of P5,000. Determine the depreciation charge during the 13th year and the book value at the end of 13 years by the following method. a) Double Declining Balance Method b) SYD method
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