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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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