Andrew, a sales executive, had the following equipment during the year Pick-up used for his daily...
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Andrew, a sales executive, had the following equipment during the year Pick-up used for his daily transport to office and clients (10 years useful life) Laptop he bought to monitor group sales (5 years useful life) Personal I - phone used for sales communication (5 years useful life) Newly Build residential house (40 years useful life) Compute the deductible depreciation expense assuming Andrew is a 1. Sales executive P 2. Independent sales agent P P1.200.000 800,000 80,000 2,000,000 Andrew, a sales executive, had the following equipment during the year Pick-up used for his daily transport to office and clients (10 years useful life) Laptop he bought to monitor group sales (5 years useful life) Personal I - phone used for sales communication (5 years useful life) Newly Build residential house (40 years useful life) Compute the deductible depreciation expense assuming Andrew is a 1. Sales executive P 2. Independent sales agent P P1.200.000 800,000 80,000 2,000,000
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Related Book For
Accounting Volume 2
ISBN: 978-0176509743
2nd Canadian edition
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
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