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QUESTION Takyiwa Memorial Hotel Limited is a tres facility beated with Western Region of Ghana. They come business operations on way 2018 and had sed

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QUESTION Takyiwa Memorial Hotel Limited is a tres facility beated with Western Region of Ghana. They come business operations on way 2018 and had sed loss of GH214,150 for the period ended 31 December The company recorded a neprofit of Gf the year ended December 2019 er taking into account the following tractices in the income reme Grows tal income of G205 received from the leasing of meer of the office building. The rental income police costes 29% of the feeling Net interest received combank deposits from Abu Bank Ghare Limited GH19,040. Witholding tax of has been detected The registration of Trademarks at a total cost of G 106.000 in repect of the Company's special fruit juice that is to last for years. The research and development experts incurred in comestice with the drink antented to Glede company intends to expense it. The legal continued to completed ixAd of Ge55,000 worth of computers was made to Fiji Seni High School as part of the company's corporate social responsibility programme which was dowlodged by the Ghana ucation Service GES Depreciation of necesses of GH_212,000 vi. Replacement of blow.compress and condensing coil of some air conditions costing GH 4.000 vii Costanting to Gle9.700 as a result of the restauranter injury while working in the kitchen. The smager was der incapacitated and resigned as a result of the accident G2,000 of the cost payment made to the manager ce pay. The GA12,700 of the cost open finested by the Factory Inspectorate Department of the most following the dem. Pachases of air conditioners for some hotel rooms at a cost G. mun was included in heating and cooling cost in the Sentment of Polite Additional information Details of the company's ethernet, at cost, are provided how these were all acquired.comced during the year to 31 December 2016 Case Hotel Building Restaurant que Office Wing 599.00 Furniture and interes Motor vehicles Computers and printers The following acquisition of current we made during they December 2019 and were correctly included in the current schedule in the statement official position of the company Motor vehicle Photocopiers i) In a bid to take whantage of the tax incentives in the Income Tax Act, A. Takyiwah Memorial Hotel employed fresh graduates out of the work of 12. Total salaries and was paid to the friends in the 2019 year of Note Furniture and fixtures include air conditions and televisie Required: 1. Calculate the capital allowances claimable by Takiwa Memorial Hotel Limited for the year ended 31 December 2019 using all the available information 2. Calculate the chargeable income of Takiwa Memorial Hotel Limited for the you med 31 December 2014 and pay Total 16 mark QUESTION Takyiwa Memorial Hotel Limited is a tres facility beated with Western Region of Ghana. They come business operations on way 2018 and had sed loss of GH214,150 for the period ended 31 December The company recorded a neprofit of Gf the year ended December 2019 er taking into account the following tractices in the income reme Grows tal income of G205 received from the leasing of meer of the office building. The rental income police costes 29% of the feeling Net interest received combank deposits from Abu Bank Ghare Limited GH19,040. Witholding tax of has been detected The registration of Trademarks at a total cost of G 106.000 in repect of the Company's special fruit juice that is to last for years. The research and development experts incurred in comestice with the drink antented to Glede company intends to expense it. The legal continued to completed ixAd of Ge55,000 worth of computers was made to Fiji Seni High School as part of the company's corporate social responsibility programme which was dowlodged by the Ghana ucation Service GES Depreciation of necesses of GH_212,000 vi. Replacement of blow.compress and condensing coil of some air conditions costing GH 4.000 vii Costanting to Gle9.700 as a result of the restauranter injury while working in the kitchen. The smager was der incapacitated and resigned as a result of the accident G2,000 of the cost payment made to the manager ce pay. The GA12,700 of the cost open finested by the Factory Inspectorate Department of the most following the dem. Pachases of air conditioners for some hotel rooms at a cost G. mun was included in heating and cooling cost in the Sentment of Polite Additional information Details of the company's ethernet, at cost, are provided how these were all acquired.comced during the year to 31 December 2016 Case Hotel Building Restaurant que Office Wing 599.00 Furniture and interes Motor vehicles Computers and printers The following acquisition of current we made during they December 2019 and were correctly included in the current schedule in the statement official position of the company Motor vehicle Photocopiers i) In a bid to take whantage of the tax incentives in the Income Tax Act, A. Takyiwah Memorial Hotel employed fresh graduates out of the work of 12. Total salaries and was paid to the friends in the 2019 year of Note Furniture and fixtures include air conditions and televisie Required: 1. Calculate the capital allowances claimable by Takiwa Memorial Hotel Limited for the year ended 31 December 2019 using all the available information 2. Calculate the chargeable income of Takiwa Memorial Hotel Limited for the you med 31 December 2014 and pay Total 16 mark

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