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The following information was extracted from the financial records of Z Limited: equipment purchased on...

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Accounting

The following information was extracted from the financial records of Z Limited: equipment purchased on 1 July 2024 for $ 110000(accounting depreciation 10% straight line; tax depreciation 15% straight line). If the company tax rate is 30%, what is the deferred tax item that will be recorded by Z Limited at 30 June 2025?

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