The company's provision for long-service leave at the beginning and end of the year are...

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Accounting

The company's provision for long-service leave at the beginning and end of the year are $250000 and $230000 respectively. In the current year, $25000 in long-service leave was paid to a long-standing employee. The company tax rate is 30%. Prepare the end-of-period adjustment journal entries for the
deferred tax account in relation to the above situation.

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