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Q6 Kamara Ltd purchased an item of plant at a cost of 15 million on 1 January 2019. Kamara charged depreciation at 25% per annum

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Q6 Kamara Ltd purchased an item of plant at a cost of 15 million on 1 January 2019. Kamara charged depreciation at 25% per annum (straight line) and received capital (taxation) allowances of 40% (reducing balance) in respect of the purchase. This was the only temporary difference in respect of the years to 31 December 2020 and 2021. The tax rate is 20%. What is the balance of Deferred Tax for Kamara for the year ended 31 December 2021? 450,000 credit 420,000 debit 420,000 credit 102,000 credit ABCD

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