Question on: SS1 Accounting - Adjustments In Profit And Loss Account
What are income tax adjustments?
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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
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Correct Option: D
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