.The original cost of a certain piece of equipment is P150,000 and it is epreciated by 10% sinking fund method. Determine the annual depreciation harge if the book value of the equipment after 10 years is the same as if it had een depreciated at 14,000 each year by straight line method.

Electricity for Refrigeration, Heating, and Air Conditioning (MindTap Course List)
10th Edition
ISBN:9781337399128
Author:Russell E. Smith
Publisher:Russell E. Smith
Chapter17: Commercial And Industrial Air-conditioning Control Systems
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9.The original cost of a certain piece of equipment is P150,000 and it is
depreciated by 10% sinking fund method. Determine the annual depreciation
charge if the book value of the equipment after 10 years is the same as if it had
been depreciated at 14,000 each year by straight line method.
Transcribed Image Text:9.The original cost of a certain piece of equipment is P150,000 and it is depreciated by 10% sinking fund method. Determine the annual depreciation charge if the book value of the equipment after 10 years is the same as if it had been depreciated at 14,000 each year by straight line method.
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