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Old 05-30-2010, 03:19 PM   #1
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Default f7 income tax

i'm still confused on the incometax treatment. As in what does the i/tax in income statement [I/S] mean. Does it mean it's already paid or not yet paid? And the I/Tax in Balance Sheet [SOFP] is paid or not yet paid??
I'm also do not clearly understood about deferred tax treatment, AND how to calculate them.


Can anyone please help?

Last edited by munto09; 05-30-2010 at 03:21 PM.
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Old 06-02-2010, 01:03 PM   #2
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i got it now :P closed~
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