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Question 1 Eddy Ltd purchased and constructed the following assets during the year ended31 December 2012 Asset Cost (P) Commercial building 600 000 Plant and
Question 1
Eddy Ltd purchased and constructed the following assets during the year ended31 December 2012 Asset Cost (P) Commercial building 600 000 Plant and machinery 200 000 Motor vehicle Mazda 626 300 000 Delivery van purchased 250 000 Factory building constructed 700 000 Note: All the above assets were brought into use during the year and all the costs. REQUIRED:
Calculate the capital allowances claimable by the company for the assessment year ended
31 December 2012
31 December 2013
31 December 2014 (25 marks
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