Question: ( 1 ) The directors have estimated the provision for income tax for the year ended 3 1 December 2 0 2 3 at $

(1) The directors have estimated the provision for income tax for the year ended 31 December 2023 at $44 million. The deferred tax provision at 31 December 2023 is to be adjusted to a credit balance of $28 million.
Seems we have a Deffered tax liability on the trial balance but this adjustment will leave us with a Deffered tax asset.

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