A british company declares its trading profits at 18500, property income of 1700, interest income of 2100, capital gains 1000. They have also earned 7500 as dividend from British companies. During the year they contributed 2000 towards qualifying charitable donation. The tax liability would be a.23300 b.28800 c.21300 d.30800

A british company declares its trading profits at 18500, property income of 1700, interest income of 2100, capital gains 1000. They have also earned 7500 as dividend from British companies. During the year they contributed 2000 towards qualifying charitable donation. The tax liability would be a.23300 b.28800 c.21300 d.30800

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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