Question
1. Given: Gross Profit 780,000 Business Expenses 600,000 Net income 180,000 How much Normal Tax? How much MCIT? How much Income tax expense? How much
1. Given:
Gross Profit 780,000
Business Expenses 600,000
Net income 180,000
How much Normal Tax?
How much MCIT?
How much Income tax expense?
How much Income tax payable?
How much Deferred charges?
2. Given:
Gross Profit 990,000
Business Expenses 710,000
Net income 280,000
How much Normal Tax?
How much MCIT?
How much Income tax expense?
How much Income tax payable?
How much Deferred charges?
3. Given:
Gross Profit 1,200,000
Business Expenses 1,500,000
Net income (300,000)
How much Normal Tax?
How much MCIT?
How much Income tax expense?
How much Income tax payable?
How much Deferred charges?
4. Given:
Gross profit 600,000
Business Expenses 400,000
Net income 200,000
How much Normal Tax?
How much MCIT?
How much Income tax expense?
How much Income tax payable?
How much Deferred charges?
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
14th Edition
133081605, 132575957, 9780133081602, 978-0132575959
