on 1 july 2019 francine bought a new security alarm system for her shop. the total sost for the akarm system came to $16623. the alarm has an effective life for 10 years. required usediminishing value method and calculate tpta; amount of deprecation she can claim on the alarm for the 2020 financial year?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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on 1 july 2019 francine bought a new security alarm system for her shop. the total sost for the akarm system came to $16623. the alarm has an effective life for 10 years. required usediminishing value method and calculate tpta; amount of deprecation she can claim on the alarm for the 2020 financial year?

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Section 179 Deduction and Modified Accelerated Cost Recovery System (MACRS) Depreciation
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