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Question 49 one At 31 December 2019 Siobhan estimates that its current tax liability for the year will be $200,000. In August 2020 Siobhan pays

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Question 49 one At 31 December 2019 Siobhan estimates that its current tax liability for the year will be $200,000. In August 2020 Siobhan pays its tax liability for the year ended 31 December 2019 at 2170.000 At 31 December 2020 Siobhan again estimates it income tax liability, this time at 210,000. Required: Show the statement of profit or loss and statement of financial position extracts to reflect the above for the two years ended 31 December 2020

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