Joanne started a business on 1 May 2019, preparing accounts to 31 December each year. Her first
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Joanne started a business on 1 May 2019, preparing accounts to 31 December each year.
Her first accounts were for the period to 31 December 2019. During this period and during the year to 31 December 2020 she bought and sold plant and machinery as follows:
Prepare her capital allowances computation for the first two chargeable periods.
Transcribed Image Text:
8 May 2019 27 October 2019 31 July 2020 31 July 2020 Bought motor car (emissions 110g/km) Bought motor car (emissions 103g/km) Sold motor car bought in May 2019 Bought motor car (emissions 125g/km) 8,600 10,400 6,620 14,200
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1519 311219 Additions 8600 10400 WDA 18 x 812 WDV cf Total allowances ye 311220 WDV bf ...View the full answer
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