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Presentation of deferred tax expense in statement of profit and loss

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Presentation of deferred tax expense in statement of profit and loss

Company A under first time adoption of ifrs recognizes doller 2million as defered tax assets. What is the journal entry? How does it effects and is presented PL statement and financial position. Should it be presented as separate line in both financial statements?

October 20th 2017 AN ACCA USER 8,730 Points
Edited October 22th 2017 AN ACCA USER

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