Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. b ltd had a profit before tax of 100,000 for 2016

B Ltd had a profit before tax of 100,000 for 2016 year end, it included...

70.2K

Verified Solution

Question

Accounting

B Ltd had a profit before tax of 100,000 for 2016 year end, it included the following: Dividend Income(not taxable) of 40,000 Donations (non deductible) of 30,000

Tax rate is 30%

Explain how current tax will be estimated

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

The 18?-year, ?$1,000 par value bonds of Waco Industries pay 7 percent interest annually. The market...

Biology
1.2K views

From a physiological perspective how are salmon similar to/different from marathon runners (muscles specifically)

Chemistry
1.2K views

When ammonia is added to a solution that has Cu(OH)2(s) precipitate in it, the precipitate dissolves....

Psychology
1.2K views

1. Discuss the similarities and differences between storge, agape, philia, and eros love. Give an example...

Physics
1.2K views

Laboratory of Physics - Study of Movement (Pleaseee I need this laboratorio answers) PROCEDURE: PART A. Follow the instructions...

General Management
1.2K views

Read the two articles listed under “Required Reading” below. Search the library data bases (particularly OneSearch)...

Biology
1.2K views

A criterion that is more important in the selection of a antiseptic than in the...

Biology
1.2K views

Draw a diagram of a cross section of a woody eudicot stem that has three...

Calculus
1.2K views

Find the following integral Note that you can check your answer by differentiation S 7...

Accounting
1.2K views

marigold company uses a periodic inventory system. details for the inventory account for the month...

Accounting
1.2K views

fMinden Company is a wholesale distributor of premium European chocolates. The companys balance sheet as...

Finance
1.2K views

Category Prior year Current year Accounts payable...