Question
Brief Exercise 19-15 Youngman Corporation has temporary differences at December 31, 2014, that result in the following deferred taxes. Deferred tax liabilitycurrent $38,940 Deferred tax
Brief Exercise 19-15 Youngman Corporation has temporary differences at December 31, 2014, that result in the following deferred taxes. Deferred tax liabilitycurrent $38,940 Deferred tax assetcurrent $(70,020 ) Deferred tax liabilitynoncurrent $98,920 Deferred tax assetnoncurrent $(30,780 ) Indicate how these balances would be presented in Youngmans December 31, 2014, balance sheet. Youngman Corporation Balance Sheet December 31, 2014 Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity $ Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity $
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