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Ivanhoe Tools Inc. has temporary differences at December 31, 2017, that result in the following deferred taxes. Deferred tax liability related to depreciation difference $130,000
Ivanhoe Tools Inc. has temporary differences at December 31, 2017, that result in the following deferred taxes.
Deferred tax liability related to depreciation difference | $130,000 | |
Deferred tax asset related to revenue recognition | 50,000 | |
Deferred tax liability related to warranty expense | 79,000 | |
Deferred tax asset related to litigation accruals | 30,000 |
Indicate how these balances would be presented in Ivanhoe's December 31, 2017, balance sheet.
Ivanhoe Tools Inc. Balance Sheet choose the accounting period December 31, 2017For the Year Ended December 31, 2017For the Quarter Ended December 31, 2017 | ||
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select an opening section name Current AssetsCurrent LiabilitiesExpensesIntangible AssetsNoncurrent InvestmentsNoncurrent LiabilitiesNet Income / (Loss)Property, Plant and EquipmentRevenuesStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Noncurrent InvestmentsTotal Noncurrent LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity | ||
enter a balance sheet item | $enter a dollar amount |
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