TAX3702 Taxation of Individuals
University of South Africa
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TAX3702 - Taxation Of Individuals (TAX3702) ASSIGNMENT 3 2021.
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---7oktober 20212021/2022A+
- TAX3702 - 
Taxation Of Individuals (TAX3702) 
ASSIGNMENT 3. Taxation Of Individuals. BE4- 4 Finley Corporation had income from continuing operations of $ 10,600,000 in 2010. 
During 2010, it disposed of its restaurant division at an after- tax loss of $ 189,000. Prior to 
disposal, the division operated at a loss of $ 315,000 (net of tax) in 2010. Finley had 10,000,000 
shares of common stock outstanding during 2010. Prepare a partial income statement for Finley 
beginning with income from conti...
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TAX3702 Assignment 5 Semester 2 2022
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--37oktober 20212021/2022A+
- TAX3702: Assignment 5 , 2021 – ECP students ONLY 
DUE DATE is 12 July 2021 
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 3 
Question 1 A 
Salary 
Commission 83500 
Accumulated Leave pay 20000 
Entertainment Allowance 7500...
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