The following balances were extracted from N's statement of financial position as at 31 December. Deferred...

 

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The following balances were extracted from N's statement of financial position as at 31 December. Deferred taxation Current tax payable $ 20X9 $000 38 119 Extract from statement of profit or loss for the year ended 31 December 20X9. $000 122 ,000 20X8 $000 27 106 Income tax expense The amount of tax paid that should be included in N's statement of cash flows for the year ended 31 December 20X9 is: The following balances were extracted from N's statement of financial position as at 31 December. Deferred taxation Current tax payable $ 20X9 $000 38 119 Extract from statement of profit or loss for the year ended 31 December 20X9. $000 122 ,000 20X8 $000 27 106 Income tax expense The amount of tax paid that should be included in N's statement of cash flows for the year ended 31 December 20X9 is:

Answer rating: 100% (QA)

000 Income tax exp... View the full answer