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accounting profit

This topic has 1 reply, 2 voices, and was last updated 1 month ago by P2-D2.

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February 5, 2023 at 11:00 am #678353
xyzc
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Accrued expenses which have already been deducted for tax purposes. Why is this a permanent difference
February 5, 2023 at 8:33 pm #678384
P2-D2
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Because they will have been deducted from accounting profits and also from the tax accounts too. They go through both at the same amount at the same time, so no difference.
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