Useful Life Fixed Assets Cost Accounting Fiscal Land 2,000,000,000 1,800,000,000 50 Building Factory Machine 20 900,000,000 30 20 Vehicle 600,000,000 10 8 Furniture 250,000,000 5 4 Equipment 100,000,000 5 4 5,650,000,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
icon
Concept explainers
Topic Video
Question

Berkeley Inc. net income before tax. in 2014 was IDR 1 billion and business turnover was Rp. 3 billion. The list of assets as of December 31, 2014, is as follows:

(the table in picture)

Calculate:

- current tax

- deferred tax

Useful Life
Fixed Assets
Cost
Accounting
Fiscal
Land
2,000,000,000
1,800,000,000
Building
50
20
900,000,000
600,000,000
250,000,000
Factory Machine
30
20
Vehicle
10
8
Furniture
4
Equipment
100,000,000
5
4
5,650,000,000
Transcribed Image Text:Useful Life Fixed Assets Cost Accounting Fiscal Land 2,000,000,000 1,800,000,000 Building 50 20 900,000,000 600,000,000 250,000,000 Factory Machine 30 20 Vehicle 10 8 Furniture 4 Equipment 100,000,000 5 4 5,650,000,000
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Financial Statements
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education