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As of December 31,2024 , Lange Company has the following deferred tax assets and liabilities: 1. Assume that all of Lange's deferred tax assets and
As of December 31,2024 , Lange Company has the following deferred tax assets and liabilities: 1. 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? 2. 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
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