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calculate the company's capital allowance for 2017 to 2020 QUESTION 4 Bright Limited commenced business on March 1, 2017 preparing accounts for 31 December each
calculate the company's capital allowance for 2017 to 2020
QUESTION 4 Bright Limited commenced business on March 1, 2017 preparing accounts for 31" December each year. The following assets were purchased and used to generate income for the business: Date of Acquisition Assets Cost (GH) 07/07/2017 Computers & Accessories 5,000 03/03/2017 Motor Vehicle (Benz) 15,000 04/04/2017 Buildings 20,000 05/05/2017 Plants & Machinery 20,000 06/06/2017 Furniture & Fittings 6,000 08/08/2019 Motor Vehicle (Toyota) 35,000 09/09/2019 Buildings 10,000 30Step by Step Solution
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