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Assume a company has pretax book income of $92765 included in the computation were Favorable temporary differences of $781 Unfavorable temporary differences of $824
Assume a company has pretax book income of $92765 included in the computation were Favorable temporary differences of $781 Unfavorable temporary differences of $824 Favorable permanent differences of $394 Unfavorable permanent differences of $412 Tax rate is 21% a. Book taxable is: b. Taxable income is: c. Income tax provision (benefit) is: d. Deferred tax asset is increased (decreased) by: 173.04 e. Income tax payable is increased (decreased) by: f. Deferred tax liability is increased (decreased) by: 164.01
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