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The balance sheets of Green Ltd show: 31 December 2013 2014 Current tax liability $30 000 $45 000 The income statement for the year ended
The balance sheets of Green Ltd show: 31 December 2013 2014 Current tax liability $30 000 $45 000 The income statement for the year ended 31 December 2014 shows: Income tax expense $45 000 What amount in respect of income tax paid will appear in the statement of cash flows for the year ended 31 December 2014, assuming tax is paid annually in arrears and there are no over or under provisions of tax. Select one: O a. Nil O b. $30 000 0 C. $42 000 d. $45 000
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