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Mirichu Ltd. processes milk for sale in the local market.The company started its operations on 1 January 2012 after constructing two factory building at a...

      

Mirichu Ltd. processes milk for sale in the local market.The company started its operations on 1 January 2012 after constructing two factory building at a cost of Sh.9 million each. Other assets acquired by the company on commencement of its operations included
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Determine:
a) The capital allowances due to Mirichu Ltd. for the year ended 31 December 2012.
b) The taxable profit or loss for Mirichu Ltd. for the year ended 31 December 2012.
c) The tax- payable, if any, for the year ended 31 December 2012.

  

Answers


Wilfred
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Wilfykil answered the question on February 14, 2019 at 10:07


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