An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method____________________?

An asset is purchased for P ,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the three years using sum-of-years digit method____________________?

A. P 3,27.27
B. P 3,.27
C. P 3,.27
D. P 3,72.72

Loading...
Share