For this qn 1 bi I didn't understand y for year it's 12250 for tax allowable depreciation...plz explain on that..
What n how did they get that...
Why did they did that...
Ask the Tutor ACCA AFM
Talam Co mj 2019 qn1
4y ago#1The TAD in the year of sale is the tax written down value (35,000 - (3 x 5,250) = 19,250) less the sale proceeds of 7,000.
I explain this in my free lectures (and is the same rule as in Paper FM (was F9)).
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