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Exercise 19-3 (Part Level Submission) Bandung Corporation began 2014 with a $98,100 balance in the Deferred Tax Liability account. At the end of 201 the
Exercise 19-3 (Part Level Submission) Bandung Corporation began 2014 with a $98,100 balance in the Deferred Tax Liability account. At the end of 201 the related cumulative temporary difference amounts to $373,300, 4, and it will reverse evenly over the next 2 years. Pretax accounting income for 2014 is $547,900, the tax rate for a years is 30%, and taxable income for 201 is $501,600. 4 (a) Your answer is correct. Compute income taxes payable for 2014. Income taxes payable 150480
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