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In its first year of operations, the Aaron Company's 12/31/18 adjusting tax journal entry includes an entry to Income Tax Expense of $110, a Deferred
In its first year of operations, the Aaron Company's 12/31/18 adjusting tax journal entry includes an entry to Income Tax Expense of $110, a Deferred Tax Liability of $10, and Income Tax Payable of $100. What will be included in the presentation of Income Tax Expense on the 2018 Income Statement? Select one: O a. A $10 deferred credit. b. A current portion of $100 O c. A current portion of $10 d. A current portion of $110
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