Hi All,
I am always been confuse in these 2 item, can somebody help to give example and elaborate more on these two?
Thanks
ACCA Forums
SBRDeferred Tax Asset and Defered Tax Liabilities
Hello kangmo, I thought from your example DTL will be 237,5 (CV - TB = TD x TR = DTL, if CV is Asset to the company) as the future allowable tax only 50 so the difference of 950 give rise to a liability to the company?
Dr. Tax expense 237,5
Cr. Deferred Tax Liability 237,5
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