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A debenture holder with a 8% loan note of $16M is operating in a country charging a income tax rate of 20%. Show the accounting

A debenture holder with a 8% loan note of $16M is operating in a country charging a income tax rate of 20%. Show the accounting entries the debenture holder will make at the end of financial tax liability only.

2.   ABC Company borrowed $ 300000 as long term loan which is to be repaid in a period of 4 years at 12%interest. Prepare the payment on amortization table

3.   Define deferred tax

4.   Long term loans

5.   Discuss four features of the financial lease

6.   Discuss the two methods of the operating lease


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Accounting entries for debenture holderAt the end of the financial year the debenture holder will make the following accounting entries for tax liabil... blur-text-image

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