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Find and calculate the amount of dividends and taxation paid

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Problem 1: These balances and totals are from Bantu Ltd for the year ended 30 June 2020. Real accounts section 30-Jun-19 30-Jun-20 Inland Revenue: Income Tax 12,000.00 15,000.00 Shareholders for dividends 15,000.00 20,000.00 Nominal accounts section 30-Jun-20 Income tax expense 38,000.00 Under-provision for taxation in the previous year 3,200.00 Dividends Interim 18,000.00 Final 20,000.00 You are required to: 1. Calculate the amount of dividends and taxation paid.

Reference no: EM132744303

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