How much is the income tax expense current?

2. How much is the total income tax expense?
3. How much is the income tax still payable?

Transcribed Image Text:

Zambia Company related data are: Accounting income Nontaxable interest received Long-term loss accrual in excess of deductible amount Depreciation in excess of financial depreciation Tax rate P1,600,000 50,000 100,000 250,000 30% Zambia Company related data are: Accounting income Nontaxable interest received Long-term loss accrual in excess of deductible amount Depreciation in excess of financial depreciation Tax rate P1,600,000 50,000 100,000 250,000 30%

Answer rating: 100% (QA)

1 Income Tax Expense Current Taxable Income P160000... View the full answer