Problem 16-13 (IFRS) Complex Company reported pretax accounting income of P12,800,000 for 2020 and P18,300,000 for 2021. The income On January 1, 2020, the entity had deferred tax asset of tax rate is 30%. P450,000 and no deferred tax liability. L wOs due to a provision of P500,000 2020
Problem 16-13 (IFRS) Complex Company reported pretax accounting income of P12,800,000 for 2020 and P18,300,000 for 2021. The income On January 1, 2020, the entity had deferred tax asset of tax rate is 30%. P450,000 and no deferred tax liability. L wOs due to a provision of P500,000 2020
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter18: Accounting For Income Taxes
Section: Chapter Questions
Problem 13P
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