Youngman Ltd. has temporary differences at December 31, 2019, that result in the following deferred taxes. Deferred
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Youngman Ltd. has temporary differences at December 31, 2019, that result in the following deferred taxes.
Deferred tax asset................................HK$24,000
Deferred tax liability............................HK$69,000
Indicate how these balances would be presented in Youngman's December 31, 2019, statement of financial position.
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Related Book For 
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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