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Accounts Carrying amount Tax base Liabilities Trade payable 120000 120000 Provision for Annual leave 4000 0 Income received in advance 2000 0 Assume a Tax

Accounts Carrying amount Tax base

Liabilities

Trade payable 120000 120000

Provision for Annual leave 4000 0

Income received in advance 2000 0

Assume a Tax rate of 30%.

How much is deferred tax assets and deferred tax liabilities as at 30 June 2020?

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