On 1 March 2019, Ali purchased new office equipment for $2,000 for the business. He...
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Accounting
On 1 March 2019, Ali purchased new office equipment for $2,000 for the business. He paid $1,000 for delivery and installation costs. The practical life of the new office equipment is 5 years. Does Ali want to claim the maximum deduction what is the decline in value ?
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