Hi, does any one know how to treat a CT loss? I know you can carry it back, and can carry it forward to offset.
Also i need to know the double entry for the loss. For example the company made a profit in 2016 of £30,000 after paying CT of £4500. In 2017, the company has made a trading loss of (£3000).
Thank you
Also i need to know the double entry for the loss. For example the company made a profit in 2016 of £30,000 after paying CT of £4500. In 2017, the company has made a trading loss of (£3000).
Thank you
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