Which THREE of the following statements are true?


Which THREE of the following statements are true?
A . Tax depreciation replaces accounting depreciation when calculating the taxable profit.
B . Tax depreciation increases the taxable profit.
C . Balancing allowances increase the taxable profit.
D . Balancing charges increase the taxable profit.
E . Balancing charges reduce the taxable profit.
F . Balancing allowances reduce the taxable profit.

Answer: A,D,F

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