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During fiscal year 2012, Dioubate Cie earned $10,000 of interest revenue on an investment in a tax-free municipal bond. Which of the following items would
During fiscal year 2012, Dioubate Cie earned $10,000 of interest revenue on an investment in a tax-free municipal bond.
Which of the following items would beincreasedby the municipal bond revenue? (check all that apply)
Pre-Tax Income
Income Tax Expense
Taxable Income
Income Tax Payable
Deferred Tax Liabilities
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