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6, A Corporation has a net operating loss in 2021 of $100,000. In 2022, the Corporation reports taxable income before any NOL carryforward of
6, A Corporation has a net operating loss in 2021 of $100,000. In 2022, the Corporation reports taxable income before any NOL carryforward of $120,000. What is the amount and nature of the book-tax difference created by the NOL in 2021?
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Survey of Accounting
Authors: Carl S Warren
5th Edition
9780538489737, 538749091, 538489731, 978-0538749091
