Notes and Summaries || 1
The need for deferred tax accounting arises because companies often postpone or pre-pays taxes on profits pertaining to a particular period.
Deferred tax liability
There may be a difference in the way certain items of expense are allowed to be treated for tax purposes and how a company actually treats them.
Here are 28 Special Points you must remember in the Amalgamation, Absorption and Reconstruction of the company
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Notes on accounting for amalgamation, absorption, reconstruction calculate purchase consideration with Net Assets, Payment Intrinsic value methods in nature of merger and acquisition
Demand refers to the Quantities of Commodity that the Consumers are Able to Buy at each possible Price during a given Period of Time, other things being equal.
- Willing to Purchase at Various Prices during Period of Time
- Able to Purchase at Various Prices during Period of Time
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