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What are the double-entry for unutilized tax losses

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Reference no: EM132936279

Question - What are the double-entry for unutilized tax losses and unabsorbed capital allowances carried forward?

Question example: Shelby Company Ltd has unutilized tax losses and unabsorbed capital allowances carried forward of $275,000 and $200,000, respectively.

Reference no: EM132936279

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