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Website FNU Library Student Web Moodle Mobile Sanjay Prasad sinu Question 14 Not yet answered Marked out of 3.00 AN entity acquired plant and equipment

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Website FNU Library Student Web Moodle Mobile Sanjay Prasad sinu Question 14 Not yet answered Marked out of 3.00 AN entity acquired plant and equipment for $1 million on 1st January 20X9. The asset is depreciated at 25% a year on straight-line method and tax legislation permits to depreciate the assets at 30% a year for tax purpose. Tax rate is 30%. Calculate any DTL that might arise on the plant and equipment at 31/12/X9. P Flag question O a. $300 000 O b. $75 000 O c. $15 000 O d. $90 000 Next page Previous page

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