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I will give you the companys balance in the DTA and the Allowance for DTA accounts. Something like: A company has a DTA of 500
- I will give you the companys balance in the DTA and the Allowance for DTA accounts. Something like: A company has a DTA of 500 and an Allowance of 100. The company predicts that 80 of the DTA will never reverse out. What is the appropriate journal entry? For this, you would need to know the appropriate entry to get the allowance to 80. There will be two of these questionsone will have a preexisting allowance and one will not.
Can you do both answers one with a pre existing allowance and one with out one, thank you!
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