The calculating balancing allowance, balancing charge and capital gain the terms are most import to know every commerce background student. A balancing allowance is a type of capital allowance which can be given under several of the allowance codes when an asset is disposed of or the business comes to …

The Industrial Revolution began in Great Britain and spread to Western Europe and the United States within a few decades. It was the transition to new manufacturing processes in the period from about 1760 to sometimes between 1820 and 1840. The first industrial revolution evolved into the second industrial revolution …