You are required to account for income tax for the year ending 30 June 2022. Relevant...

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You are required to account for income tax for the year ending 30 June 2022. Relevant information is as follows: Accounting profit before tax Cash interest received Interest revenue Warranty expense Warranty Paid Corporate tax rate Question 7 $ 250,000 $ 12,000 $ 10,000 $ 15,000 $ 25,000 30% Required Prepare the current tax worksheet and the current tax journal entry for 30.6.22. You are required to account for income tax for the year ending 30 June 2022. Relevant information is as follows: Accounting profit before tax Cash interest received Interest revenue Warranty expense Warranty Paid Corporate tax rate Question 7 $ 250,000 $ 12,000 $ 10,000 $ 15,000 $ 25,000 30% Required Prepare the current tax worksheet and the current tax journal entry for 30.6.22.

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To prepare the current tax worksheet and the current tax journal entry for the year ending 30 June 2... View the full answer