BUSINESS INCOME QUESTION a) Joefel Company Ltd, manufacturer of fruit juice for local consumption commenced business on 1 October 2019, with accounting year-end at 31 December each year. The company submitted its accounts for 2019 and was assessed accordingly. The company submitted its tax returns for 2020 year of assessment to the Ghana Revenue Authority on 30 April 2021. Below are the details: workforce) 26,000 mo company s assets inciude the rollowing: Note 2) above has not been included in the plant and machinery acquired. Required: i) Compute the appropriate capital allowance for 2019 and 2020 years of assessment. ii) Calculate the chargeable income of the company for the 2020 year of assessment. b) List and Explain Seven Badges of Trade c) state the conditions for granting capital allowance BUSINESS INCOME QUESTION a) Joefel Company Ltd, manufacturer of fruit juice for local consumption commenced business on 1 October 2019, with accounting year-end at 31 December each year. The company submitted its accounts for 2019 and was assessed accordingly. The company submitted its tax returns for 2020 year of assessment to the Ghana Revenue Authority on 30 April 2021. Below are the details: workforce) 26,000 mo company s assets inciude the rollowing: Note 2) above has not been included in the plant and machinery acquired. Required: i) Compute the appropriate capital allowance for 2019 and 2020 years of assessment. ii) Calculate the chargeable income of the company for the 2020 year of assessment. b) List and Explain Seven Badges of Trade c) state the conditions for granting capital allowance