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In 2019, Peter Corp had an increase in the allowance for bad debts account of $20,000, creating a(n): a) Favorable temporary difference b) Unfavorable temporary
In 2019, Peter Corp had an increase in the allowance for bad debts account of $20,000, creating a(n):
a) Favorable temporary difference
b) Unfavorable temporary difference
c) Favorable permanent difference
d) Unfavorable permanent difference
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