Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a plc. provides the following financial informatio

A Plc. provides the following financial information at the accounting year-end 30/12/ 2022: sales revenue...

70.2K

Verified Solution

Question

Accounting

A Plc. provides the following financial information at the accounting year-end 30/12/ 2022: sales revenue equal to 30,000 and total expenses equal to 12,000. From the total amount of expenses, 3,000correspond to penalties. The statutory tax rate is 30%.
Calculate current tax expense amount, taxable profit, deffered tax expense

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Are births really evenly distributed across the days of a week? Here are data on 700...

Statistics
Q

What impacts do you believe COVID-19 will have on income inequality? Who will feel the most...

Economics
Q

A 3.0-kilogram steel ball whose initial velocity is 10?20 meters per second and a 5.0-kilogram...

Physics
Q

In the expansion of x 2 r the last term is 32 What is the...

Basic Math
Q

Inside a bag there are 3 green balls, 2 red balls and 2 yellow balls....

Basic Math
Q

Suppose a point moves along a circle with radius r as shown in the figure...

Calculus
Q

If you choose to not do these problems please do not turn in the assignment...

Calculus
Q

When designing a research proposal, research questions are generated in a number of ways, explain...

Accounting
Q

Mickey Friends, Inc., distributes a high-quality wooden music...

Accounting
Q

Sako Company's Audio Division produces a speaker that is used by manufacturers of various audio...

Accounting
Q

People outside of an organization can use financial accounting information. Check all of those listed...

Accounting
Q

Her income tax on this bonus is $. (Round to the nearest dollar.) if the...

Finance