Question
Prepare a current tax worksheet (5 MARKS) You are required to account for income tax for the year ending 30 June 2023. Relevant information
Prepare a current tax worksheet (5 MARKS) You are required to account for income tax for the year ending 30 June 2023. Relevant information is as follows: Accounting profit before tax $ 300,000 Annual leave expense Annual leave paid $ 10,000 $ 15,000 Depreciation expense $ 20,000 Depreciation allowed for tax $ 35,000 Corporate tax rate 30%
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Get StartedRecommended Textbook for
Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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