CIMA F2 Question Answer
The tax benefit on a company's asset is £180,000 and the useful life on that asset is five years. The company creates a deferred tax provision to spread this benefit over the asset's useful life.
What entry is needed to reduce this deferred tax provision in the company's year two accounts?
CIMA F2 Summary
- Vendor: CIMA
- Product: F2
- Update on: Jul 29, 2025
- Questions: 268
