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ABC Corp., a logistics company, purchased a truck in the amount of Php 5,000,000 DEF Corp., a hotel, purchased a limousine valued at Php 6,000,000
ABC Corp., a logistics company, purchased a truck in the amount of Php 5,000,000 DEF Corp., a hotel, purchased a limousine valued at Php 6,000,000 Inday, trader, bought a delivery van at Php 2,400,000 Nicanor, a vlogger and car enthusiast, bought a car for Php 2,000,000 to be used for vlogging. Who can claim depreciation? All of them ABC Corp and DEF Corp only All except Niacnor Inday only
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