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a) How to calculate accounting profit if sales is 100000, cost of sales is 20000, amount received in advance for services is 2500, rent expenses
- a) How to calculate accounting profit if sales is 100000, cost of sales is 20000, amount received in advance for services is 2500, rent expenses is 5000, rent prepaid is 500, doubtful debt exp is 500, annual leave expenses (not paid ) is 1500 and company tax is 30%.
b) Continuation question is " calculate the taxable income "
C) Now more continuation for same problem is " calculate tax exp and prepare journal entries "
- a) How to calculate accounting profit if sales is 100000, cost of sales is 20000, amount received in advance for services is 2500, rent expenses is 5000, rent prepaid is 500, doubtful debt exp is 500, annual leave expenses (not paid ) is 1500 and company tax is 30%.
b) Continuation question is " calculate the taxable income "
C) Now more continuation for same problem is " calculate tax exp and prepare journal entries "
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