Question: what should be write down(cash payment?or something) at the deffered tax liability T account? 4) Income tax paid Current tax payable 182,000 218,000 Opening balance
what should be write down(cash payment?or something) at the deffered tax liability T account?
4) Income tax paid Current tax payable 182,000 218,000 Opening balance Current tax expense Cash payments Closing balance 182,000 218,000 400,000 400,000 Deferred tax liability Opening balance 0 Deferred tax asset Closing balance 10,000 48,000 58,000 58,000
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