Question: Max Bhd. recognised a deferred tax liability for the year ended 31 December 20X2 which related solely to accelerated tax depreciation on property, plant and

Max Bhd. recognised a deferred tax liability for the year ended 31 December 20X2 which related solely to accelerated tax depreciation on property, plant and equipment at a tax rate of 30%. The next book value of the property, plant and equipment as at that date was RM310,000 and the tax written down value was RM230,000

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