Question: 15 Identify the following as either temporary tax differences or permanent differences: (a) Life insurance premiums paid in 19A (b) Revenue received in 19A but

15 Identify the following as either temporary tax differences or permanent differences:

(a) Life insurance premiums paid in 19A

(b) Revenue received in 19A but earned in 19B

(c) Expenses incurred in 19A but paid in 19B

(d) Life insurance proceeds collected in 19B

(e) Use of LIFO for tax purposes and FIFO for accounting purposes in 19A

(f ) Interest earned from municipal bonds in 19B

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