____ is the loss of value of the equipment with use over a period of time.

It could mean a difference

in value between a new asset and the use asset currently in a service.

A certain office equipment has a first cost of P20,000 and has a salvage value of P1,000 at the end
of 10 years. Determine the depreciation at the end of the 6th year using Sinking fund method at 3%
interest.

A machine has a salvage value of P12,000 at the end of its useful life of 6 years. The book value at
the end of 5 years is P30,833.33. Using a straight line method of depreciation, What is the first cost
of the machine?

The economic factors causing depreciation:

Total depreciation cannot exceeds its:

A printing equipment costs P73,500 has a life expectancy of 8 years and has a salvage value of
P3,500 at the end of its life. The book value at the end of x years is equal to P38,500. Using straight
line method of depreciation, solve for the value of x.

An equipment costs P50,000 with a salvage value of P250 at the end of 10 years. Calculate the
annual depreciation cost by sinking fund method at 8% interest.

A machine cost P7,350 has a life of 8 years and has a salvage value of P350 at the end of 8 years.
Determine its book value at the end of 4 years using sum years digit method.

Under the straight line method of providing depreciation it:

Depreciation is a process of:

Depreciation is:

Depreciation does not depend on fluctuations as:

A

The main object of providing depreciation is:

An asset is purchased for P9,000.00. Its estimated life is 10 years after which it will be sold for
P1,000.00. Find the book value during the first year if Sum of the Years Digits(SYD) depreciation is
used.

An engineer bought an equipment for P500,000. Other expenses including installations amounted to
P30,000. At the end of its estimated useful life of 10 years, the salvage value will be 10% of the first
cost. Using straight line method of depreciation, what is the book value after 5 years?

The books value of an asset is obtained by deducting depreciation from its:

ABC Corporation makes it policy that for every new equipment purchased, the annual depreciation
should not exceed 20% of the first cost at any time without salvage value. Determine the length of
service if the depreciation used is the SYD Method.
C