These balances and totals are from Levenstein Ltd for the year ended 30 June 20x8:

You are required to:

Calculate the amount of dividends and taxation paid.

Transcribed Image Text:

Real accounts section SARS: Income tax Shareholders for dividends Nominal accounts section Income tax expense Under-provision for taxation in the previous year Dividends Interim Final 1 July 20x7 12 000 00 15 000 00 30 June 20x8 15 000 00 20 000 00 30 June 20x8 38 000 00 3 200 00 18 000 00 20 000 00