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Frinton Ltd's accounts showed a profit before tax of 65,000 for the year to 31 March 2023. Expenditure shown in the accounts included depreciation of
Frinton Ltd's accounts showed a profit before tax of 65,000 for the year to 31 March 2023. Expenditure shown in the accounts included depreciation of 3,000 and a cash donation to British Heart of 6,000. Rental income of 7,000 was included in the accounts.
Capital allowances for the year ended 31 March 2023 have been calculated as 4,000.
Required: Which of the following is the company's Taxable Total Profit (TTP) for the year ended 31 March 2023?
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Auditing The Art And Science Of Assurance Engagements
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Ingrid B. Splettstoesser-Hogeterp
11th Edition
0132088061, 978-0132088060
