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7/10/2017 Chapter 16 . Accounting for Income Taxes I AccountingMaster Use the information in the information tab to prepare the deferred tax computations and supporting
7/10/2017 Chapter 16 . Accounting for Income Taxes I AccountingMaster Use the information in the information tab to prepare the deferred tax computations and supporting components by completing the following worksheet. In column A, double-click on the shaded cells and select a line item that will result in a temporary difference. In column B, enter the total temporary difference that would result in a deferred tax asset or liability. Enter the total deferred tax asset or liability in the appropriate column, C or D, based on the temporary difference you recorded in column B. Round all answers to the nearest whole dollar. To use a formula in the spreadsheet, it must be preceded by an equal sign (e.g., A1+ B1). Stanhope Inc. Worksheet for Deferred Income Taxes Year ended December 31, Year 2 Temporary Deferred tax Deferred tax differences Description of temporary differences assets liabilities 7/10/2017 Chapter 16 . Accounting for Income Taxes I AccountingMaster Use the information in the information tab to prepare the deferred tax computations and supporting components by completing the following worksheet. In column A, double-click on the shaded cells and select a line item that will result in a temporary difference. In column B, enter the total temporary difference that would result in a deferred tax asset or liability. Enter the total deferred tax asset or liability in the appropriate column, C or D, based on the temporary difference you recorded in column B. Round all answers to the nearest whole dollar. To use a formula in the spreadsheet, it must be preceded by an equal sign (e.g., A1+ B1). Stanhope Inc. Worksheet for Deferred Income Taxes Year ended December 31, Year 2 Temporary Deferred tax Deferred tax differences Description of temporary differences assets liabilities
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