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Question 3 On 1st January 2017, Company H purchased new machinery for manufacturing its products. The machinery cost 126,000. Its useful life was expected to
Question 3 On 1st January 2017, Company H purchased new machinery for manufacturing its products. The machinery cost 126,000. Its useful life was expected to be 7 years, with no salvage value at the end of it. Please, compute the net value of the machinery on 31st December 2021,5 years, using two methods, namely, straight depreciation, and accelerated depreciation. Accelerated depreciation is 19% faster than the straight method. Question 4 Company R has drawn the two P\&L statements below, one for taxation purposes and the other for reporting purposes. Please, compute the tax deferral liability that will have to recorded in the firm's books. Deferred Tax Liability PART 2 Question 5 Cite at least two examples of information that cannot be given by the financial statements Question 6 What is the "Management Discussion Analysis, MD\&A" in the context reporting? Cite at least two aspects that can be included in that MD\&A
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