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Brown Corp has a deferred tax asset account with balance of $ 8 0 , 0 0 0 at the end of 2 0 1
Brown Corp has a deferred tax asset account with balance of $ at the end of due to a single cumulative temporary difference of $ At the end of this same temporary difference has increased to cumulative amount of $ Taxable income for is $ The tax rate is for all years. No valuation account related to the deferred tax asset is in existence at the end of What one of the following is correct about the journal entry to record Brown's income tax expense?
Group of answer choices
Dr Deferred tax asset $
Dr Deferred tax liability $
Dr Income tax expense $
Cr Tax payable $
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