circumstances that give rise to taxable temporary differences
such circumstances include the following:
1 interest revenue is received in arrears and is included in accounting profit on a time-apportionment basis but is included in taxable profit on a cash basis.
2 revenue from the sale of goods include in accounting profit when goods are delivered but is included in taxable profit only when cash is collected
3 depreciation of an asset is accelerated for tax purposes(the taxation depreciation rate is greater than the accounting rate)
4 development cost are capitalised and amortised to the statement of comprehensive income but are deducted in determining taxable profit in the period in which they are incurred
5 prepaid expense have already been deducted on a cash basis in determining the taxable profit of the current or previous periods.
6 depreciation of an asset is not deduction will be available for tax purposes when the asset is sold or scrapped
so for the goodwill, it should be
example1
Dr goodwill
Cr restructuring provision
example 2
Dr warranty Expense
Cr warranty provision
Dr interest expense
Cr Warranty Provision
Dr warranty provision
Cr Cash
原帖由 lisa810724 于 2010-8-15 20:12 发表
so for the goodwill, it should be
example1
Dr goodwill
Cr restructuring provision
example 2
Dr warranty Expense
Cr warranty provision
Dr interest expense
Cr Warranty Provision
Dr ...
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