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19 2.5 pts Coves Company started the period with a deferred tax asset of $600. As of the end of the period, Coves identifies future
19 2.5 pts Coves Company started the period with a deferred tax asset of $600. As of the end of the period, Coves identifies future deductible amounts of $1,200. Coves has a tax rate of 25%, and calculates that taxes payable will be $300. Coves' tax expense journal entry would include a: O None of the options listed. O Debit to tax expense of $300 O Credit to tax expense of $600 O Debit to tax expense of $600 O Credit to tax expense of $300
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