At the beginning of 2020, the following information relates to John Smith: Year Net Tax...
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Accounting
At the beginning of 2020, the following information relates to John Smith: Year Net Tax Owing 2018 $1,800 2019 6,400 2020 (Estimated) 6,600
1. Indicate whether John is required to make instalment payments during 2020. Explain your conclusion.
2. Assuming John is required to make instalments, indicate the minimum instalments that will be required and when they are due, including the year.
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