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Complete the following statements by filling in the blanks. a . In a period in which a taxable temporary difference reverses, the reversal will cause
Complete the following statements by filling in the blanks.
a In a period in which a taxable temporary difference reverses, the reversal will cause taxable income to be financial income.
b If a $ balance in Deferred Tax Asset was computed by use of a rate, the underlying cumulative temporary difference to $
c Deferred taxes recorded to account for permanent differences.
d If a taxable temporary difference originates in it will cause taxable income for to be pretaxfi income for
e If total tax expense is $ and deferred tax expense is $ then the current portion of the expense computation is refe current tax of $
f If a corporation's tax return shows taxable income of $ for ear and a tax rate of how much will appear on the December Year balance sheet for "Income taxes payable" if the company has made estimated tax payments of $ for $
g An increase in the Deferred Tax Liability account on the balance sheet is recorded by a to the Income Tax Expe
h An income statement that reports current tax expense of $ and deferred tax benefit of $ will report total income of $
i A valuation account is needed whenever it is judged to be that a portion of a deferred tax asset realized.
j If the tax return shows total taxes due for the period of $ but the income statement shows total income tax expense of $ the difference of $ is referred to as deferred tax
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