A business in the agricultural production and manufacturing incurred the following capital expenditures in the year 2022:
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Question:
A business in the agricultural production and manufacturing incurred the following capital expenditures in the year 2022:
Ksh 000 | |
Extension to factory building | 45,000 |
Additional land | 6,800 |
Scanning machines | 2,400 |
Disc Plough | 640 |
Watch tower | 2,900 |
Terraces | 180 |
3 Saloon cars | 9,400 |
Processing machinery | 12,000 |
Farm Trolleys | 480 |
Tippers | 8,700 |
Total | 88,500 |
Required:
Compute the capital allowances due on the above items
A. Ksh 35,352,000
B. Ksh 34,337,000
C. Ksh 38,352,000
D. Ksh 35,262,000
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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