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For prepaid expenses, compensation expenses, bad debts, and warranties, are they deferred tax assets or liabilities? What is the underlying balance sheet account with a
For prepaid expenses, compensation expenses, bad debts, and warranties, are they deferred tax assets or liabilities? What is the underlying balance sheet account with a different balance on the financial books and the tax records; is it an underlying asset or liability? Explaining as much as possible would be helpful for me, thanks
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