Always Ltd has an asset with a carrying amount of $75,000. The tax base of...
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Accounting
Always Ltd has an asset with a carrying amount of $75,000. The tax base of this asset is $60,000. The company tax rate is 30%. The deferred tax item to be recognised by Always Ltd is:
Select one:
a.
Deferred tax liability of $4,500
b.
Deferred tax asset of $15,000
c.
Deferred tax liability of $15,000
d.
Deferred tax asset of $4,500
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