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Assuming all else equal, discuss the effect of the recognition of the $10 bad-debt expense on the following two tax-related accounts: Current tax liability, Deferred
Assuming all else equal, discuss the effect of the recognition of the $10 bad-debt expense on the following two tax-related accounts: Current tax liability, Deferred tax asset (or deferred tax liability) tax rate 30%, You need to relate your discussions to the current tax worksheet as well as deferred tax worksheet.
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