题目
题目
单项选择题

Question42 On 30 June 2025, Esther Ltd had an item of plant with an original cost of $100 000 and accumulated depreciation of $40 000. At this date, the fair value of the plant was $75 000 and Esther Ltd revalued the plant to this fair value. The tax rate is 30%.How would the tax effect of the revaluation be recorded in Ester Ltd’s books? [table] Deferred tax asset | Dr | 4 500 | Income tax expense — OCI | Cr | | 4 500 [/table] [table] Income tax expense — OCI | Dr | 4 500 | Deferred tax liability | Cr | | 4 500 [/table] [table] Deferred tax asset | Dr | 4 500 | Current tax liability | Cr | | 4 500 [/table] [table] Income tax expense — OCI | Dr | 4 500 | Current tax liability | Cr | | 4 500 [/table] [table] Income tax expense — P and L | Dr | 4 500 | Deferred tax liability | Cr | | 4 500 [/table] ResetMaximum marks: 1 Flag question undefined

选项
A.Deferred tax asset Dr 4 500   Income tax expense — OCI Cr   4 500  
B.Income tax expense — OCI Dr 4 500   Deferred tax liability Cr   4 500  
C.Deferred tax asset Dr 4 500   Current tax liability Cr   4 500  
D.Income tax expense — OCI Dr 4 500   Current tax liability Cr   4 500  
E.Income tax expense — P and L Dr 4 500   Deferred tax liability Cr   4 500  
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思路分析
First, establish the scenario: an item of plant has a cost of 100,000 and accumulated depreciation of 40,000, so carrying amount is 60,000. Its fair value at 30 June 2025 is 75,000, so the revaluation increases the carrying amount by 15,000 (75,000 − 60,000). The tax rate is 30%, so the temporary difference created by the revaluation is 15,000, and the corresponding deferred tax liability is 30% of 15,000 = 4,500. Option A: Deferred tax asset Dr 4,500; Income tax expense — OCI Cr 4,500. This is incorrect because the effect of a......Login to view full explanation

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