Which of the following is NOT correct about income tax

Which of the following is NOT correct about income tax?A) Different companies pay tax on different ratesB) It is treated as an expense and debited in Profit & Loss accountC) When financial statements are prepared, an estimate of expected tax liability is madeD) It is treated as an expense and credited in Profit & Loss account

Order your essay today and save 30% with the discount code: KIWI20