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Andrew, a sales executive, had the following equipment during the year Pick-up used for his daily transport to office P1.200.000 and clients (10 years useful
Andrew, a sales executive, had the following equipment during the year Pick-up used for his daily transport to office P1.200.000 and clients (10 years useful life) Laptop he bought to monitor group sales (5 800,000 years useful life) Personal I - phone used for sales communication (5 years useful life) Newly Build residential house (40 years 80,000 2,000,000 useful life) Compute the deductible depreciation expense assuming Andrew is a 1. Sales executive P 2. Independent sales agent P
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