Question
Food Limited incurred expenses of GH6,500 on plant and machinery and declared a profit of GH100,000 for the 2016 year of assessment. The written down
Food Limited incurred expenses of GH6,500 on plant and machinery and declared a profit of GH100,000 for the 2016 year of assessment. The written down value of the applicable pool before capitalizing any excess is GH60,000. What is the rce amount of repairs and improvement for 2016 year of assessment?
- A. GH3,500
- B. GH6,500
- C. GH6,000
- D. GH3,000
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Cost Accounting A Managerial Emphasis
Authors: Charles T Horngren
4th Edition
0131797395, 978-0131797390
