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Award 2000 points Four independent thations are described below. Each involves ature deductibin amounts and table amounts produced by temporary afferences (5 in Tosando 3

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Award 2000 points Four independent thations are described below. Each involves ature deductibin amounts and table amounts produced by temporary afferences (5 in Tosando 3 Taube 3318 1440 Fiture deductie words 20 20 Future tale amount BER Glor) at beginning of you Deferred to see 2 24 4 Deferred tax The enacted tax rate is 25% 10 Required: For each station, determine the following (Enter your answers in thousands rounded to one decimal place l..1,200 should be entered as 12). Negative amounts should be indicated by a minus sign. Leave no call blank, enter" wherever applicable) Situation 2 3 1 4 Income tax payable currently Deterd tax sending balance . Derred to change a Deferred tax ability ending in Deferred tax change Incone taxe pense References Worksheet Lawning Objective: 16-02 Describe the types of temporary differences that cause deferred tax absties and determine the amounts needed to record periodic income tases Difficulty: 1 Easy Learning Objective: 16-03 Describe the types of temporary terences that cause deferred tax assets and determine the amounts needed to record periode income toes

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