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. Cole Company had a deferred tax liability of $1,000 at the end oi Year 1 when the tax rate was 20%. In Year 2,
. Cole Company had a deferred tax liability of $1,000 at the end oi Year 1 when the tax rate was 20%. In Year 2, Congress increases the income tax rate from 20% to 30%. Required: Record the joumei e...
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