Question
Please solve the following adjustment by stating; A. Which financial statement do they belong either the balance sheet or the income statement . B. You
Please solve the following adjustment by stating;
A. Which financial statement do they belong either the balance sheet or the income statement .
B. You must also indicate if you are facing a temporary or permanent difference.
c. In points 6 and 7 you should not propose any adjustment, in these two cases you should describe how they affect the liquidation of the Corporate Tax.
1.Provision of 1,250 is provided for a debt that occurs on October 1, 2016. The liability has not been claimed judicially.
2.A provision for insolvencies of 3,000 is provided, an obligation that has already been judicially claimed.
3.The administrators have been paid for the performance of senior management functions with 10,000.
4.An administrative penalty of 600 has been imposed on the company.
5.The company has paid the posters for a sports conference for its employees. This serves to advertise their products and services and has cost 1,200. The company gave the customers who attended the event a batch of products worth 2,200. Extraordinarily, he has given his employees an assortment of products worth 400.
6.The company is entitled to a deduction for having made investments affected to R & D of 1,200.
7.The company has made installment payments of 4,400
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