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Practice Question Chapter no 18

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Practice Question Chapter no 18

  • This topic has 3 replies, 2 voices, and was last updated 9 years ago by MikeLittle.
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    Posts
  • February 14, 2016 at 5:21 am #300355
    Ema
    Member
    • Topics: 73
    • Replies: 107
    • ☆☆

    Sir I am unable to calculate the answer to question no 2 of this chapter.
    plz guide me to the sol.

    February 14, 2016 at 9:33 am #300396
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23333
    • ☆☆☆☆☆

    Open two T accounts

    Put in the two values brought forward

    Put in, above the line on the debit side and below the line on the credit side, the estimated liability

    Balance off the deferred tax account

    Take the missing figure to the current tax account

    Balance off the current tax account

    And there’s your answer

    February 14, 2016 at 10:45 pm #300456
    Ema
    Member
    • Topics: 73
    • Replies: 107
    • ☆☆

    Thanks 🙂

    February 15, 2016 at 8:21 am #300485
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23333
    • ☆☆☆☆☆

    You’re welcome

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