$\frac{2301}{110\mathrm{.}209}$

ASR

NSB

CP$5$

QUESTION $27$: TAX EFFECT ACCOUNTING

Spark Ltd commences operations on $1$ July $2023.$ One year later, on $30$ June $2024,$ the entity prepares its first statement of comprehensive income and its first statement of financial position. The statements are prepared before considering taxation. The following information is available.

$\backslash$table$[[\backslash$table$[[$Statement of comprehensive income$],[$for the year ended $30$ June $2024]]],[$Gross profit,$$350000$