A company is evaluating whether or not they need to record a deferred tax asset valuation, In
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Question:
A company is evaluating whether or not they need to record a deferred tax asset valuation, In evaluating the income that the company is projecting related to future operations, can the company exclude the expense from writing off an accounts receivable from a major customer who declared bankruptcy when evaluating the projections of future income? Also, what FASB ASC evidence addresses this?
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