Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

What will be the effect in the year 2014....?

Provision for tax as on01st Jan2014 is $200,000 (opg balance).... actual tax liability calculated for the year2013 is $180,000 during2014. Advance tax paid in the year2013 was $130,000 carried forward .. provision estimated for current year2014 is $150,000.. Answer: A. Tax paid $130,000 prov. for tax expenses $150,000 B. Tax paid $180,000 prov. for tax expenses $20,000 C. Tax paid $150,000 prov. for tax expenses $180,000 D. Tax paid $50,000 prov. for tax expenses $130,000

user-image
Question ajoutée par Vijayabharathi Kalyanasundaram (ACMA - INDIA) , Finance Analyst , shell
Date de publication: 2015/06/20

Answer D : Tax paid $50000 & Provision for tax exp $130,000.........thanks for all the responses. ..

Rose Agut
par Rose Agut , Caregiver , Lateefa Mohammad Alaqeeli

 B. Tax paid $180,000 prov. for tax expenses $20,000

More Questions Like This