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2301110.209 ASR NSB CP5 QUESTION 27: TAX EFFECT ACCOUNTING Spark...

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Accounting

2301110.209
ASR
NSB
CP5
QUESTION 27: TAX EFFECT ACCOUNTING
Spark Ltd commences operations on 1 July 2023. One year later, on 30 June 2024, the entity prepares its first statement of comprehensive income and its first statement of financial position. The statements are prepared before considering taxation. The following information is available.
\table[[\table[[Statement of comprehensive income],[for the year ended 30 June 2024]]],[Gross profit,$350000
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