What the accumulated depreciation balance at december

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Question - Overberg Company purchased a machine on January 2, 20X0, for P1,000,000. The machine has an estimated useful life of five years and a salvage value of P100,000. Depreciation was computed by the 150% declining-balance method. What the accumulated depreciation balance at December 31, 20X1?

Reference no: EM132992287

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