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Exercise 1: NORDIC Sarl was created in 2011, it is specialized in the trade of training accessories and sports articles. Its accounting period coincides with
Exercise 1: NORDIC Sarl was created in 2011, it is specialized in the trade of training accessories and sports articles. Its accounting period coincides with the calendar year. The analysis of the company's income and expense accounts for the two financial years 2019 and 2020 highlights the elements given in the following table: elements 2019 2020 sales 12340000 14542000 accessory products 327000 595000 taxable financial products 67000 103400 accounting income 253000 1276000 non-taxable product 917000 98700 non-deductible charges 52000 670000 Depreciation and amortization 82000 987001 During the fiscal year ended 12/31/2019, the company paid installments of MAD 40,000. TAF: Proceed with the liquidation of the tax for the two financial years. Exercise 1: NORDIC Sarl was created in 2011, it is specialized in the trade of training accessories and sports articles. Its accounting period coincides with the calendar year. The analysis of the company's income and expense accounts for the two financial years 2019 and 2020 highlights the elements given in the following table: elements 2019 2020 sales 12340000 14542000 accessory products 327000 595000 taxable financial products 67000 103400 accounting income 253000 1276000 non-taxable product 917000 98700 non-deductible charges 52000 670000 Depreciation and amortization 82000 987001 During the fiscal year ended 12/31/2019, the company paid installments of MAD 40,000. TAF: Proceed with the liquidation of the tax for the two financial years
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