Question: Document 1 - Word Picture Tools X File Home Insert Design Layout References Mailings Review View ACROBAT Format X Cut Copy Format Painter Clipboard Calibri

 Document 1 - Word Picture Tools X File Home Insert Design

Document 1 - Word Picture Tools X File Home Insert Design Layout References Mailings Review View ACROBAT Format X Cut Copy Format Painter Clipboard Calibri (Body - 11 A A Aa A A A A 21 BIU , *' A ay Aay. A A... Paste Tell me what you want to do. Yong Hui T... Share Find - ab Replace Normal Title Subtitle * No Spac... Heading 1 Heading 2 Subtle Em Select Styles Editing Font Paragraph 1 n On 1 January 2011, Zee Bhd acquired a plant for RM800,000 and estimated the economic life be 10 years and zero residual value. Capital allowance for tax purposes is 30% per annum There are no other items that will give rise to taxable temporary difference or deductible based on cost, temporary difference. Income tax rate is 25%. Required: Calculate the deferred tax liability at the end of year 2013 and the amount charged in the income statement for the year ended 31 December 2013. Page 1 of 1 O words E English (United States) + 100% O PE w X1 80% 31C Rain showers AENG 2:13 PM 12-Sep-21

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!