w7question - Carrying Amount Taxable Amount Deductible...

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GLASSHOUSE LTD Calculation of deferred tax as at 30 June 2011 Carrying Amount Taxable Amount Deductible Amount Tax Base Taxable Temp’y Diffs Deductible Temp’y Diffs $ $ $ $ $ $ Assets Cash 6 000 Receivables 89 200 Prepaid insurance 3 400 Plant 108 000 Goodwill 11 100 Liabilities A/cs pay’ble 78 000 Annual leave liab 13 200 Temporary differences Excluded differences Net temp differences Deferred tax liability Deferred tax asset Beginning balances Movement during year Adjustment
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MEHARRY LTD Calculation of deferred tax as at 30 June 2011
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Unformatted text preview: Carrying Amount Taxable Amount Deductible Amount Tax Base Taxable Temporary Diffs Deductible Temporary Diffs Assets Cash 55 000 Receivables 279 000 Inventories 162 000 Rent receivable 3 500 Prepaid insurance 30 000 Equipment 104 500 Develop’t costs 90 000 Liabilities A/cs pay’ble 310 510 Mortgage 100 000 Annual leave payable 61 000 Temporary differences Excluded differences Net temp differences Deferred tax liability 30% Deferred tax asset 30% Beginning balances Movement during year Adjustment...
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This note was uploaded on 12/13/2010 for the course ACCY 201 taught by Professor Kevin during the Three '09 term at University of Wollongong, Australia.

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w7question - Carrying Amount Taxable Amount Deductible...

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