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6 . Calculate the carrying amount and the tax base of the following assets and liabilities at 3 0 June 2 0 2 4 using

6. Calculate the carrying amount and the tax base of the following assets and liabilities at 30 June 2024 using the following table (for each part, briefly explain, either showing your workings or providing a written explanation, how you determined the tax base):
Account Carrying amount Taxable amount Deductible amount Tax base
ii. Borrowing costs associated with financing land held for resale have been capitalised. The borrowing costs paid in June 2024 amounted to $50000 and will be expensed for accounting purposes when the land is sold.

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