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Gulfport Corporation's taxable income differed from its accounting income computed for this past year. An item that would create a permanent difference in accounting and
Gulfport Corporation's taxable income differed from its accounting income computed for this past year. An item that would create a permanent difference in accounting and taxable income for Gulfport would be: A fine resulting from violations of OSHA regulations A balance in the unearned rent account at year end Making installment sales during the year O Using accelerated depreciation for tax purposes and straight line depreciation for book purposes
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