nfs4king

Events

Adjustable value as at 30/06/2016 $24000+$8000

06/30/2016

Opening balance is $19200+$8000=$27200

07/01/2016

apply the SBE capital allowances on 1 July 2016

07/01/2016

New computer system purchased $22000 @80%=$17600 then @15% for deprecation 05/08/2016

08/05/2016

Sold the trailer for $7000 on 02/05/2017

May 2, 2017

Deprecation deduction at 30/06/2017 $27200@30% & $17600@15% = 8160+2640=10800

June 30, 2017

Closing balance of SBE pool = $10800 30/06/2017

June 30, 2017