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A motor vehicle costs US$100,000 and is depreciated evenly over 5 years. Under the tax regulations, the company can only claim capital allowances of US$80,000

A motor vehicle costs US$100,000 and is depreciated evenly over 5 years. Under the tax regulations, the company can only claim capital allowances of US$80,000 over a period of 5 years. Determine journal entries

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