ifrs analysis

X Untitled Notebook x Veganism, Personal Choice.. Leisure T temporary calculations and provide three examples. Answer to Exercise 1 b) c) The carrying amount of a machine is 100,000 E on 31.12.20X1. The fair value of the machine is 150,000 E. The revaluation model for PPE is being applied. Income tax rate is assumed to be 30%. The remaining useful life of the asset is 10 years with straight-line depreciation. (1) Determine the tax base as well as the temporary difference. Answer to Exercise 1 c) (1) (2) Does the difference represent a taxable or a deductible difference? Which type of deferred tax position has to be recognized? State the journal entry. Answer to Exercise 1 c) (2) (3) How is the deferred tax position to be treated on 31.12.20X2? State the journal entry. Answer to Exercise 1 c) (3) Exercise 2 (25 Points) B AG reported the following information for the financial years 20X2 and 20X 1: Statement of financial position as at 31 December 20X1 Reply