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Please answer: Question 4: Adapted from Loftus et al (2023), Chapter 13, amended by McCombie, K (2023) Exercise 13.18 The accounting profit before tax of

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Question 4: Adapted from Loftus et al (2023), Chapter 13, amended by McCombie, K (2023) Exercise 13.18 The accounting profit before tax of Rakjura Ltd for the year ended 30 June 2024 was $66720. It included the following revenue and expense items. The draft statement of financial position as at 30 June 2024 included the following assets and liabilities. Additional information - For tax purposes, the gain on sale of plant was $7000. - The tax deduction for plant depreciation was $28800. - The income tax rate is 30%. Required Prepare the current tax worksheet for Rakjura Ltd and journal entry to calculate and record the current tax for the year ended 30 June 2024

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