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MAA363 :corporate accounting

Pages4
MAA 363 Corporate Accounting ...

Answer: Calculate the taxable profit and the current tax liability for financial year ended 30 June 2017. Calculation of the taxable profit / tax loss and the current tax liabili ...

Course

MAA363

Type

sample

University

Deakin Business School

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MAA363 Corporate Accounting

Part A 1) Why would the carrying amount of a lease asset typically reduce more quickly than the carrying amount of a lease liability?2) How do you think that the management of reporting entities will respond to the new requirements for leases? Do you think it will affect how or whether they lease assets, and if so, why?Part B On 1 July 2018, Red Ltd entered into a non-cancellable lease contract to ...

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