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As of December 3 1 , 2 0 2 4 , Lange Company has the following deferred tax assets and liabilities: Deferred tax assets Required:

As of December 31,2024, Lange Company has the following deferred tax assets and liabilities:
Deferred tax assets
Required:
Assume that all of Lange's deferred tax assets and liabilities are in the same tax jurisdiction. How would deferred taxes be shown
on Lange's balance sheet?
Assume that the deferred tax effects of Lange's pension plans and unrealized gains on investments occurred in a different tax
jurisdiction from Lange's other deferred tax effects. How would deferred taxes be shown on Lange's balance sheet?
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Assume that all of Lange's deferred tax assets and liabilities are in the same tax jurisdiction. How would deferred taxes be
shown on Lange's balance sheet?As of December 31,2024, Lange Company has the following deferred tax assets and liabilities:
Deferred tax assets
Required:
Assume that all of Lange's deferred tax assets and liabilities are in the same tax jurisdiction. How would deferred taxes be shown
on Lange's balance sheet?
Assume that the deferred tax effects of Lange's pension plans and unrealized gains on investments occurred in a different tax
jurisdiction from Lange's other deferred tax effects. How would deferred taxes be shown on Lange's balance sheet?
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Assume that all of Lange's deferred tax assets and liabilities are in the same tax jurisdiction. How would deferred taxes be
shown on Lange's
balance sheet?
REQUIRED 1's ANSWERS ARE NOT DEFERRED TAX ASSETS 500,000
DEFERRED TAX LIABILITIES 450,000
REQUIRED 2's ARE NOT
DEFERRED TAX ASSETS 200,000
DEFERRED TAX LIABILITIES 100,000
IN REQUIRED 2 NET NONCURRENT DEFERRED TAX ASSET IS 100,000
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