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How much is the accumulated depreciation balance at the end

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An equipment was acquired on April 1, 2011 with an invoice price of P200,000. The scrap value is estimated at P22,000 with useful life of 5 years. The company ends its fiscal year September 30, 2011.

Problem 1: How much is the accumulated depreciation balance at the end of fiscal year ended September 30, 2013?

Reference no: EM132754220

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