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22) Moody Corporation recorded the following deferred tax assets and liabilities: What will be the balances in the deferred tax asset and deferred tax liability

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22) Moody Corporation recorded the following deferred tax assets and liabilities: What will be the balances in the deferred tax asset and deferred tax liability accounts on Moody Corporation's balance sheet? S 500,000 Deferred tax assets related to U.S. operations (600,000 Deferred tax liabilities related to U.S. operations 800,000 Deferred tax assets related to Canadian operations (2,000,000 Deferred tax liabilities related to European operations Net deferred tax liabilities $ 1,300,000

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