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Question: the cfo of pfizer antivirus ltd has provided you the...

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The CFO of Pfizer Antivirus Ltd has provided you the following data:

Accounting profit (loss)

($74,500)

After debiting as expense:

  Goodwill impairment loss

$5,000

  Entertainment costs

$15,000

  Donation to political party

$30,000

  Depreciation expense - plant

$50,000

For tax purposes:

  Tax depreciation for plant

$25,000

  Long-service leave paid

$10,000

Prepare the Current tax worksheet and the Journal entry to record current tax liability on 30 June 2020.

can you please reply me as much as possible.

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