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12-05-2024
Mathematics

Answered

MPM Ltd is a company manufacturing company. As at 30 June 2021, its list of assets is as
follows:
DETAIL DATE OF
ACQUISITION
COST MUR
Building 2016 3,500,000
Golf Course 2020 6,200,000
Agricultural land 2018 3,750,000
Solare Unit 2021 580,000
Printer 2020 40,000
REQUIRED
Calculate the capital allowance for the year ended 30 June 2021.

Answer :

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