From the information given below Calculate the amount to be maintained as Legal Reserve for the year ended December 31, 2020. 2020 2019 RO’ 000 RO’ 000 PROFIT BEFORE TAXATION 33,793 31398 Tax Expense 5,007 4,731
From the information given below Calculate the amount to be maintained as Legal Reserve for the year ended December 31, 2020. 2020 2019 RO’ 000 RO’ 000 PROFIT BEFORE TAXATION 33,793 31398 Tax Expense 5,007 4,731
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter10: Property, Plant And Equipment: Acquisition And Subsequent Investments
Section: Chapter Questions
Problem 8MC
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From the information given below
Calculate the amount to be maintained as Legal Reserve for the year ended December 31, 2020.
2020 2019
RO’ 000 RO’ 000
PROFIT BEFORE
Tax Expense 5,007 4,731
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