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What amount should pommel record for first-year depreciation

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Question - The ABC Company uses the double- declining balance method of depreciation and charges one half year's depreciation on assets purchased. What amount should Pommel record for first-year depreciation of an asset with a list price of P500, delivery charges of P80, an estimated life of 5 years, and an expected residual value of P100?

Reference no: EM133147147

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