ASSIGNMENT 02 2021
TAX2601
NB: All workings are shown step by step to help
understand and be able to attempt the questions in
the exam!!!
Preview:
11. SPECIALISED COMPUTER SYSTEM
Cost 150 000
Year1: Wear & Tear (150000/3 x 9/12) (37 500)
Year2: Wear & Tear (150000/3 x 3/12) (12 500)
Tax value 100 000
Proceeds from insurance (60 000)
SCRAPING ALLOWANCE (40 000)
TAX2601
NB: All workings are shown step by step to help
understand and be able to attempt the questions in
the exam!!!
Preview:
11. SPECIALISED COMPUTER SYSTEM
Cost 150 000
Year1: Wear & Tear (150000/3 x 9/12) (37 500)
Year2: Wear & Tear (150000/3 x 3/12) (12 500)
Tax value 100 000
Proceeds from insurance (60 000)
SCRAPING ALLOWANCE (40 000)