Question
The adjusted trial balance of Cairns Ltd shows a long service leave expense of $56,000. The closing balance of Provision for Long Service Leave is
The adjusted trial balance of Cairns Ltd shows a long service leave expense of $56,000. The closing balance of Provision for Long Service Leave is $820,000. The balance of this account at the start of the year was $840,000.
What is the amount of the tax deduction for long service leave in this year?
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Financial Accounting Reporting Analysis And Decision Making
Authors: Shirley Carlon, Rosina Mcalpine, Chrisann Lee, Lorena Mitrione, Ngaire Kirk, Lily Wong
7th Edition
0730395294, 978-0730395294
