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Question 31 Not yet answered Alumax Ceramic LLC has a tax liability brought forward of OMR 18,500. The liability is finally agreed at OMR 17,000
Question 31 Not yet answered Alumax Ceramic LLC has a tax liability brought forward of OMR 18,500. The liability is finally agreed at OMR 17,000 and this is paid during the year. The company estimates that the tax liability based on the current year's profits will be OMR 30,000 a. Calculate the amount of Under provision or Over provision Marked out of 3.00 Flagation Over provision of OMR 1,500 Under provision of OMR 1,500 Under provision of OMR 3.000 Over provision of OMR 3.000 Question 31 Not yet Alumax Ceramic LLC has a tax liability brought forward of OMR 18,500. The liability is finally agreed at OMR. 17.000 and this paid during the year. The company estimates that the tax liability based on the current year's profits will be OMR 30.000 answered Marked out of 3.00 a Calculate the amount of Under provision or Over provision Aag question e b. How much will be the balance of provision for taxation account? OMR 31,500 OMR 48,500 OMR 17.000 None of the listed choices How much amount will be the opening balance of provision for taxation next year? None of the listed choices OMR 17,000 OMR 31,500 OMR 38,500 c. How much amount will be the opening balance of provision for taxation next year? None of the listed choices OMR 17,000 OMR 31,500 OMR 38,500
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