FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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An organization owes 200,000 tax at 1.1.X7 and 320,000 at
31.12.X7. Its income statement for the year to 31.12.X7 includes a
tax charge of 300,000. How much tax was actually paid in the year
to 31.12.X7?
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Transcribed Image Text:An organization owes 200,000 tax at 1.1.X7 and 320,000 at 31.12.X7. Its income statement for the year to 31.12.X7 includes a tax charge of 300,000. How much tax was actually paid in the year to 31.12.X7?
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