Indicate whether the following temporary differences produce current or non-current deferred tax assets or deferred tax liabilities
Question:
a. Book depreciation in excess of tax depreciation.
b. Tax depreciation in excess of book depreciation.
c. Increase in the allowance for doubtful accounts.
d. Increase in the reserve for warranty settlements.
e. Write-down for impairment of book goodwill.
f. A current-year NOL.
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Related Book For
South Western Federal Taxation 2015 Essentials Of Taxation Individuals And Business Entities
ISBN: 9781285438290
18th Edition
Authors: James Smith, William Raabe, David Maloney, James Young
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