Describe how a change in enacted future tax rates is accounted for under the asset and liability

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Describe how a change in enacted future tax rates is accounted for under the asset and liability method.

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Intermediate Accounting

ISBN: 978-0324592375

17th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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Question Posted: Jan 29, 2012 12:38 AM

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Describe how a change in enacted future tax rates is accounted for under the asset and liability

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When rate changes are enacted after a deferred tax liabil...View the full answer

Intermediate Accounting

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