A pharmacy is planning to purchase a second-hand scanning microscope at a cost of BD10,500, and its estimated salvage value is BD500 and a projected useful life of four years

Economics Nov 28, 2020

A pharmacy is planning to purchase a second-hand scanning microscope at a cost of BD10,500, and its estimated salvage value is BD500 and a projected useful life of four years. Determine the depreciation for 4th year using DDB method and complete the depreciation schedules with depreciation values and book values. ( attachment of solution as pdf/word 8 marks and 2 marks for the answer)

Expert Solution

Year

book valuedepreciation precentdepreciationaccumulated Dep.Book value11050050%525052505250

525050%2625787526253262550%1312.59187.51312.5

1312.550%656.259843.75656.25depreciation percent as per double declining method2 / no of year *1002/ 4 *10050%

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