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13. Stuart Corporation's taxable income differed from its accounting income computed for this past year. An item that would create a permanent difference in accounting
13. Stuart Corporation's taxable income differed from its accounting income computed for this past year. An item that would create a permanent difference in accounting and taxable incomes for Stuart would be a balance in the Unearned Rent account at year end. b. using accelerated depreciation for tax purposes and straight-line depreciation for book purposes. a fine resulting from violations of OSHA regulations. d. making installment sales during the year.
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