所得稅前抵後抵-94東吳 - 會計

Assume that B.Co.begins operations in 2001 and is profitable through 2003.In
2004 the company reports a pretax financial loss of $8,000 and a taxable loss
of $8,000.In 2005 and 2006,the company is again profitable,although at the end
of 2004 the company felt that future profits were not likely.The income tax
rate is 30%.The company's pretax financial income(loss).taxable income(loss).
and income taxes payable(receivable) for years 2001 through 2006 as following
page.
Pretax financial Depreciation Taxable Icome Taxes
Year income(loss) Differeence income(loss) payable(receivable)

2001 $2,000 $800 $1,200 $360
2002-2003 5,000 2,200 2,800 840
2004 (8,000) 800 (8,800) (840)
2005 2,200 700 1,500 0
2006 7,000 600 6,400 570

It is assumed that the only difference between pretax financial income (loss)
and taxable income (loss) in any year results from additional (MACRS)
depreciation reported for income tax purposes.

REQUIRED:
Prepare the income tax journal entry of the B. Co. for 2004.

2001 2002&2003 2004 2005 2006
taxable income 1,200 2,800 (8,800) 1,500 6,400
loss carrybacks (2,800)<- 2,800
loss carryfowards (to 2005) 1,500->(1,500)
loss carryforwards (to 2006) 4,500--------> (4,500)
─── ─── ───
$0 $0 $0

Valuation allowance=[(1,500+4,500)-(800+2,200+800)]*30%=660
Deferred tax liability adjustment=(800+2,200+800)*30%-(800+2,200)*30%=240
Deferred tax asset adjustment (loss carryforward)=(1,500+4,500)*30%=1,800

2004

Income Tax Refund Receivable 840
Deferred Tax Asset 1800
Deferred Tax liability 240
Income Tax Benefit from Operating Loss Carryback 840
Income Tax Benefit from Operating Loss Carryforward 900
Allowance to Reduce Deferred Tax Asset to Realizable 660
Value

關於這題..從備抵評價那邊就看不太懂了..有請懂得人教教我吧~~~
拜託了感恩!!!

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