Home » Classroom » SS1 Accounting Adjustments In Profit And Loss Account Question

What are income tax adjustments - SS1 Accounting Adjustments In Profit And Loss Account Question

What are income tax adjustments?

A

Adjustments made to recognize revenue or expenses that have already been recorded

B

Adjustments made to recognize revenue or expenses that have not been recorded yet

C

Adjustments made to account for debts that are unlikely to be collected from customers

 

D

Adjustments made to reflect changes in the company's tax liabilities

correct option: d
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses