[ad_1]
(a) Accumulated depreciation of plant for tax purposes was $30 000 at 30 June 2019, and depreciation for tax purposes for the year ended 30 June 2020 amounted to $ 6 500.
(b) The tax rate is 30%.
Prepare a current tax worksheet and the journal entry to recognise the company’s current tax liability as at 30 June 2020.
Sample Solution
The post Preparing a current tax worksheet and the journal appeared first on acestar tutors.
[ad_2]
Source link