Babyhands3624 Babyhands3624
  • 02-09-2019
  • Business
contestada

What is meant by "tax allocation within a period"? What is the justification for such practices?

Respuesta :

federico1636
federico1636 federico1636
  • 13-09-2019

Answer:

Tax allocation within a period is the practice of allocating the income tax for a period to such items as income before extraordinary items, extraordinary items and period adjustments.

Explanation:

The justification for tax allocation within a period is to produce financial statements which disclose an appropriate relationship of the different taxable income.

Answer Link

Otras preguntas

a recipe for a batch of 3 dozen chocolate chip cookies calls for 3 1/2 cups of flour, 1 cup of sugar, and 2 3/4 cups of chocolate chips. How much of each ingred
What is the square root of 2
six times the sum of a number and twelve is forty. which equation represents this? 6n 12n = 40 6n 12 = 40 6(n 12) = 40
A disease that causes thickening and hardening of blood
what is the mode of the data values: 54,78,26,36,26
Western China and Mongolia have this type of climate because humid ocean air loses its moisture through rain before reaching these interior lands. A. Subtr
What is earth's biosphere?
Pure water is an electrolytic solution. true false user: static electricity can attract and repel. true false
What is the term for movement in particular direction
All of the following are immune disorders except: a. arthritis b. asthma c. hemophilia d. multiple sclerosis