The following extracts are taken from the balance sheet of Surridge Ltd: The income statement for the
Question:
The following extracts are taken from the balance sheet of Surridge Ltd:
The income statement for the year ended 31 December 2018 shows an entry for taxation as £187,000.
Calculate the amount of taxation actually paid out by Surridge Ltd in the year to 31 December 2018.
Transcribed Image Text:
Taxation owing As at 31 December 2017 000 65 As at 31 December 2018 000 43
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