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Question 52 DZ recognised a tax liability of 290,000 in its financial statements for the year ended 30 September 2010. This was subsequently agreed with
Question 52 DZ recognised a tax liability of 290,000 in its financial statements for the year ended 30 September 2010. This was subsequently agreed with and paid to the tax authorities as $280,000 on 1 March 2020. The direeters of DZ estimate that the tax due on the profits for the year to 30 September 2020 will be 320,000. DZ has no deferred tax liability What is DZ's statement of profit or loss tax charge for the year ended 30 September 2020? A 310,000 B 320,000 C 330.000 D 600,000
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