Mecca Ltd. an industrial product factory has been operating for several years and closed its...
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Mecca Ltd. an industrial product factory has been operating for several years and closed its accounts on 30 June annualy. During the FY2022, Mecca Ltd. Incurred the following capital expenditures. \\begin{tabular}{|r|l|} \\hline 1 & \\( \\begin{array}{l}\\text { Purchase a plant } \\& \\text { machinery costing RM400000 and incurred } \\\\ \\text { installation expenditures for the plant for RM40000 }\\end{array} \\) \\\\ \\hline 2 & \\( \\begin{array}{l}\\text { In YA2021, Mecca Ltd. Purchased a heavy machinery for } \\\\ \\text { RM100000 and sold the machinery at the middle of FY2022 for } \\\\ \\text { RM80000 without the approval from IRB }\\end{array} \\) \\\\ \\hline 3 & \\( \\begin{array}{l}\\text { Acquired a lorry for business purposes on } 1 \\text { January } 2022 \\\\ \\text { costing RM300000 via hire purchase. The cash downpayment } \\\\ \\text { was 10\\% of the total cost and the monthly installments is } \\\\ \\text { RM3000 monthly for 9 years. }\\end{array} \\) \\\\ \\hline 4 & \\( \\begin{array}{l}\\text { Mecca Ltd. Also acquired a motor vehicle in December } 2021 \\text { for } \\\\ \\text { RM180000. The car however met with an accident and valued as } \\\\ \\text { total loss by the insurer three months later. RM150000 was } \\\\ \\text { received as compensation from the isurance company }\\end{array} \\) \\\\ \\hline 5 & \\( \\begin{array}{l}\\text { For the FY2022, Mecca Ltd. purchased Ten(10) small valued } \\\\ \\text { costing RM2000 each. }\\end{array} \\) \\\\ \\hline Required: \\\\ \\hline \\end{tabular}
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