On 15 April 2016 Commercial (Pty) Ltd commenced with the building of a new office...

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Accounting

On 15 April 2016 Commercial (Pty) Ltd commenced with the building of a new office block at a
total cost of R7000000. The building was completed and the offices brought into use for
purposes of Commercial (Pty) Ltds trade (in the production of income) on 30 September 2016.
Required
Calculate the allowances on the office block for the years ended 31 October 2016 and 31
October 2017.

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