[afraansar]

Failed with 48

[afraansar]

oh I see! Thank you so much! Makes sense now! I will be attempting the exam next friday too! Good luck!

[afraansar]

Thank you so much!

[afraansar]

Thank you sir. Your help means a lot

[afraansar]

Thank you 🙂

[afraansar]

George commenced trade on 1 October 2012 and decided to prepare accounts to 31 December each year.
His tax adjusted trading profits are:
Period to 31 December 2013 $30,000
Year ended 31 December 2014 $ 36,000
Year end 31 December 2015 $ 40,000

First tax year : 12/13 – (6/15 x $30,000) = $12,000
Second tax year : 13/14 – ( 12/15 x $30,000) = $24,000 ( this is because period of accounting is less than 12 months)
Third Tax year – 14/15 – $36,000
Fourth tax year – 15/16 – $40,000

[afraansar]

The service question I didn’t choose the one with perishablity because it also said uniformity and like services can’t be uniform can them? Lol I don’t think I did well on thAt paper at all, I found it super difficult 🙁

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