please answer both
hot in Warch Copped the wis on the Amunt 51.000 Deferred Income related to any Deferred Income to liability related to wplatte On this date, the net book value of capital assets was $1,750,AKO and preciated capital cost 51,400 There was a warranty latility of $40,000 Table income of $500,000 in total) w 2017 and 2018 hasted in the payment of ST95.000 of income tax In 2019, accounting income was $170,000. This included non-tax deductible expenses of $12.00, dividende (non taxable) of $12.000, depreciation of $75,000, and a warranty expense of $39.000. Warranty dams pad we $51,000 and CCA was $99.CO. The enacted tax rate was 41% in 2019. Required: ... V Paragraph UA 1) Calculate tax payable (7 marks). On this at the two of St. There was able to payment of 5 In 2019, We wa , This included in to destino.00 din non tanate of $12,00, depreciation of $75,000, and warranty po 19.000. Warranty and were $51.000 and CCA 599,000 The enacted tax rate was 41% in 2019. Nequired: wwraph B I UA + 2) Determine Deferred Income Tax (hint: the table headings are completed for you, fill in the table) (3 marks). Tax Deferred Carrying Value Temp. Diff. Opening Adjustments Balance Basis Tax Capital Assets . On antary 2011 Nish's Watch Corp. reported the following mounts on the statement in position Deferred income tax set related to warranty Deferred income tax Hability related to capital assets Amount 516,000 $120,000 On this date, the net book value of capital assets was $1,750,000 and undeprecated capital cost was 51,450,000 There was a warranty liability of $40,000. Taxable income of $500,000 in total) in 2017 and 2018 has resulted in the payment of $195,000 of income tax. In 2019, accounting income was $170,000. This included non-tox deductible expenses of $42,000, dividend revence (non-taxable) of $12,000, depreciation of $75,000, and a warranty expense of $39,000. Warranty claims paid were $51,000 and CCA was $99,000 The enacted tax rate was 41% in 2019. Required: hot in Warch Copped the wis on the Amunt 51.000 Deferred Income related to any Deferred Income to liability related to wplatte On this date, the net book value of capital assets was $1,750,AKO and preciated capital cost 51,400 There was a warranty latility of $40,000 Table income of $500,000 in total) w 2017 and 2018 hasted in the payment of ST95.000 of income tax In 2019, accounting income was $170,000. This included non-tax deductible expenses of $12.00, dividende (non taxable) of $12.000, depreciation of $75,000, and a warranty expense of $39.000. Warranty dams pad we $51,000 and CCA was $99.CO. The enacted tax rate was 41% in 2019. Required: ... V Paragraph UA 1) Calculate tax payable (7 marks). On this at the two of St. There was able to payment of 5 In 2019, We wa , This included in to destino.00 din non tanate of $12,00, depreciation of $75,000, and warranty po 19.000. Warranty and were $51.000 and CCA 599,000 The enacted tax rate was 41% in 2019. Nequired: wwraph B I UA + 2) Determine Deferred Income Tax (hint: the table headings are completed for you, fill in the table) (3 marks). Tax Deferred Carrying Value Temp. Diff. Opening Adjustments Balance Basis Tax Capital Assets . On antary 2011 Nish's Watch Corp. reported the following mounts on the statement in position Deferred income tax set related to warranty Deferred income tax Hability related to capital assets Amount 516,000 $120,000 On this date, the net book value of capital assets was $1,750,000 and undeprecated capital cost was 51,450,000 There was a warranty liability of $40,000. Taxable income of $500,000 in total) in 2017 and 2018 has resulted in the payment of $195,000 of income tax. In 2019, accounting income was $170,000. This included non-tox deductible expenses of $42,000, dividend revence (non-taxable) of $12,000, depreciation of $75,000, and a warranty expense of $39,000. Warranty claims paid were $51,000 and CCA was $99,000 The enacted tax rate was 41% in 2019. Required
