Page 219 - F2 Integrated Workbook STUDENT 2019
P. 219

Deferred tax




               Step (1) Calculate temporary difference

               If the temporary difference causes:

                                                         CA > TB





                                                 Deferred tax liability



               If the temporary difference causes:


                                                         CA < TB





                                                  Deferred tax asset










































                                                                                                      211
   214   215   216   217   218   219   220   221   222   223   224