Question: Mayfair Sdn. Bhd. which prepares account to 31.12 annually has the details of the following expenditures: RM'000 1. Plant and machinery (heavy) 2. Truck

Mayfair Sdn. Bhd. which prepares account to 31.12 annually has the details

Mayfair Sdn. Bhd. which prepares account to 31.12 annually has the details of the following expenditures: RM'000 1. Plant and machinery (heavy) 2. Truck 3. Air-conditioners These assets were acquired during the year 2016. Compute the capital allowance (Initial allowance & Annual Allowance) of the fixed assets for relevant years of assessment (2016, 2017, 2017, 2018 & 2019) 200 300 50

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