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(b) Tingtong bought the following assets during the year 2017 for his retail business. The Inland Revenue has sent notice to him that he is
(b) Tingtong bought the following assets during the year 2017 for his retail business. The Inland Revenue has sent notice to him that he is being audited for the years of assessment 2018 to 2022. A van costing RM30,000 . Air conditioner costing RM3,000 1 Table and chairs costing RM2,000 . Computer costing RM4,000 Required: Prepare the capital allowance and residual expenditure schedules for the above assets for the years of assessment 2018 to 2021. [35 marks]
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