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What is the amount of the deferred tax item at balance date

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Reference no: EM132995892

Question - Mono Limited acquired an asset 'Goodwill' for $90 000. At balance date the Goodwill had a carrying value of $40 000. The tax base of this asset is zero. If the tax rate is 30%, what is the amount of the deferred tax item at balance date?

Reference no: EM132995892

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