=+The 1959-60 assessment was paid on the due date. The 1960-61 assessment was finally agreed at 8,100.

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=+The 1959-60 assessment was paid on the due date. The 1960-61 assessment was finally agreed at £8,100. Give the Income Tax Account for the year to 30th September, 1960 and the relevant entries in the Profit

& Loss Account and Balance Sheet at that date. The 1961-2 assessment was estimated at £7,500.

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