Sir I am unable to calculate the answer to question no 2 of this chapter.
plz guide me to the sol.
Ask the Tutor ACCA FR
Practice Question Chapter no 18
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
Thanks :)
You're welcome
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