Question
Deferred taxes For the following assets and liabilities of X-AG, which was founded in 2017, there are differences between the tax book value and the
Deferred taxes
For the following assets and liabilities of X-AG, which was founded in 2017, there are differences between the tax book value and the book value according to IFRS as of 31st December 2017:
|
| Book value according to IFRS | Tax book value |
| Pension provision | 212 | 240 |
| Building | 144 | 160 |
| Financial liability | 300 | 304 |
| Machine | 70 | 62 |
| Merchandise | 50 | 54 |
Please calculate and record the deferred taxes in the financial statements of X-AG (tax rate :25%) as of 31.12.17.
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Auditing and Assurance Services A Systematic Approach
Authors: William Messier, Steven Glover, Douglas Prawitt
9th edition
1308361491, 77862333, 978-1259248290, 9780077862336, 1259162346, 978-1259162343
