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knowledge. you have been approached by the managing director to assist in calculating the taxable income of Bravo Ltd for the financial year ending 28

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knowledge. you have been approached by the managing director to assist in calculating the taxable income of Bravo Ltd for the financial year ending 28 February 2023. The managing director has provided you with the following information for the fimancial vear ending 28 February 2023 Additional information: - On 01 December 2022, Bravo bought a part of the new factory from a property development company at the cost of R2 000000 . - On 01 February 2023, Bravo paid R45 000 to lease a freeway billboard for 12 months. - Bravo paid a monthly annuity of R600 for the spouse of a former employee and knowledge. you have been approached by the managing director to assist in calculating the taxable income of Bravo Ltd for the financial year ending 28 February 2023. The managing director has provided you with the following information for the fimancial vear ending 28 February 2023 Additional information: - On 01 December 2022, Bravo bought a part of the new factory from a property development company at the cost of R2 000000 . - On 01 February 2023, Bravo paid R45 000 to lease a freeway billboard for 12 months. - Bravo paid a monthly annuity of R600 for the spouse of a former employee and

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