Paintball Ltd incurred the following capital expenditures during the current year: Purchased computers for use by employees
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Question:
Paintball Ltd incurred the following capital expenditures during the current year: | |||||
Purchased computers for use by employees (AA30%) | $300,000 | ||||
Purchased computers to rent to customers (AA30%) | 60,000 | ||||
Tax written down values for plant and machinery at the beginning of the year were as follows: | |||||
20% pool | 30% pool | ||||
WDV B/F | 0 | 50,000 | |||
Calculate total depreciation allowances for the year. |
Related Book For
An Introduction to the Mathematics of financial Derivatives
ISBN: 978-0123846822
2nd Edition
Authors: Salih N. Neftci
Posted Date: