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Deferred income taxes arise on a firms balance sheet as the difference between depreciation allowed for tax purposes versus: a) Taxes owing based on economic
Deferred income taxes arise on a firms balance sheet as the difference between depreciation allowed for tax purposes versus:
a) Taxes owing based on "economic" depreciation.
b) Taxes owing based on "historical" depreciation.
c) Taxes owing based on "statistical" depreciation.
d) Taxes owing based on "deferred" depreciation
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Using Microsoft Excel And Access 20 For Accounting
Authors: Glenn Owen
5th Edition
133751229X, 9781337512299
