Required: Compute the chargeable income tax payable byEmerald Sdn. Bhd. for YA 2021. Emerald Sdn. Bhd., is

  Required: Compute the chargeable income tax payable byEmerald Sdn. Bhd. for YA 2021.

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Emerald Sdn. Bhd., is a SME property management service company with an issued share capital of RM500,000. Below is its income statement for financial year 2021. Emerald Sdn. Bhd. Statement of Profit or Loss for the financial year ended 31 December 2021. Sales Less: COGS Gross Profit Add: Other Income Dividend income Interest income Less: Expenses Bad debts written off Accounting and Legal fees Donations Promotions Interest expense Miscellaneous expenses Repairs and maintenance expenses Salaries Profit before tax Note 1 23 RM'000 10 11 t 6 4567890 PRESTAS 40 24 12 25 4 12 30 604 RM'000 4,250 1,750 2,500 10 2,510 (751) 1,759 Emerald Sdn. Bhd., is a SME property management service company with an issued share capital of RM500,000. Below is its income statement for financial year 2021. Emerald Sdn. Bhd. Statement of Profit or Loss for the financial year ended 31 December 2021. Sales Less: COGS Gross Profit Add: Other Income Dividend income Interest income Less: Expenses Bad debts written off Accounting and Legal fees Donations Promotions Interest expense Miscellaneous expenses Repairs and maintenance expenses Salaries Profit before tax Note 1 23 RM'000 10 11 t 6 4567890 PRESTAS 40 24 12 25 4 12 30 604 RM'000 4,250 1,750 2,500 10 2,510 (751) 1,759

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To calculate the chargeable income tax payable by Emerald Sdn Bhd for YA 2021 we need to adjust the profit before tax from the income statement for ta... View the full answer