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The following information relates to Jefferson Limited for the year ended 30 June 2022.Accounting profit before income tax (after all expenses have been included) $200000Entertainment
The following information relates to Jefferson Limited for the year ended 30 June 2022.Accounting profit before income tax (after all expenses have been included) $200000Entertainment expenses (not tax deductible) 10000Depreciation of machinery (accounting) 20000Depreciation of machinery (tax) 50000Annual leave expense (not a tax deduction until the leave is paid) 4000Income tax rate
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