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If Accounting Net Profit for BBC Hardware Pty Ltd Was

Question 21

Essay

If accounting net profit for BBC Hardware Pty Ltd was $450,000, what would the taxable income in light of the following (which were all included in accounting net profit):
· Meal entertainment for client expenses of $62,000
· Amortisation expenses for goodwill of $50,000
· Franked Dividend received by the company of $70,000

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The meal entertainment for client expens...

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