{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-09-12T00:05:12-04:00", "answer_date": "2024-09-12 00:05:12", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "10326217", "url": "\/study-help\/questions\/johnson-corp-reports-municipal-bond-interest-income-as-other-income-10326217", "question_creation_date_js": "2024-09-12T00:05:12-04:00", "question_creation_date": "Sep 12, 2024 12:05 AM", "meta_title": "[Solved] Johnson Corp reports municipal bond inter | SolutionInn", "meta_description": "Answer of - Johnson Corp reports municipal bond interest income as other income on its income statement. What book-tax difference | SolutionInn", "meta_keywords": "johnson,corp,reports,municipal,bond,interest,income,statement,book-tax,difference,will,result", "question_title_h1": "Johnson Corp reports municipal bond interest income as other income on its income statement. What book-tax difference will result? A. Permanent Difference; book income is", "question_title": "Johnson Corp reports municipal bond interest income as other income on its", "question_title_for_js_snippet": "Johnson Corp reports municipal bond interest income as other income on its income statement What book tax difference will result A Permanent Difference book income is less than taxable income B Temporary Difference book income is less than taxable income C Temporary Difference book income is greater than taxable income D Permanent Difference book income is greater than taxable income", "question_description": "

Johnson Corp reports municipal bond interest income as other income on its income statement. What book-tax difference will result?<\/p>

<\/p>

A. Permanent Difference; book income is less than taxable income <\/p>

B. Temporary Difference; book income is less than taxable income <\/p>

C. Temporary Difference; book income is greater than taxable income <\/p>

D. Permanent Difference; book income is greater than taxable income <\/p>", "transcribed_text": "", "related_book": { "title": null, "isbn": null, "edition": null, "authors": null, "cover_image": null, "uri": null, "see_more_uri": "" }, "free_related_book": { "isbn": "", "uri": "", "name": "", "edition": "" }, "question_posted": "2024-09-12 00:05:12", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/technical-communication\/5-the-following-three-graphs-illustrate-the-sales-of-two-1997670", "description": "5. The following three graphs illustrate the sales of two products Series 1 and Series 2 for each quarter of 2019. Which is the most effective in conveying the information?", "stars": 0 }, { "url": "\/selected-amounts-from-reingold-companys-balance-sheet-from-the-beginning", "description": "Selected amounts from Reingold Companys balance sheet from the beginning of the year follow: During the year, the company completed the following transactions: x. Purchased inventory on account,...", "stars": 3 }, { "url": "\/study-help\/questions\/johnson-corp-reports-municipal-bond-interest-income-as-other-income-10326217", "description": "Johnson Corp reports municipal bond interest income as other income on its income statement. What book-tax difference will result? A. Permanent Difference; book income is less than taxable income B....", "stars": 3 }, { "url": "\/study-help\/questions\/please-anwser-what-is-the-price-of-the-august-9038240", "description": "-- please anwser what is the price of the August 2003, tureasury bond with semiunnual payment ( assume a $100,000 per value) with the yield to matatity form table? what is the current yield of the...", "stars": 3 }, { "url": "\/study-help\/questions\/the-following-events-occurred-for-favata-company-a-received-11500-1958543", "description": "The following events occurred for Favata Company: a. Received $11,500 cash from owners and issued stock to them. b. Borrowed $8,500 cash from a bank and signed a note due later this year. c. Bought...", "stars": 3 }, { "url": "\/study-help\/questions\/the-head-of-the-accounting-department-at-a-major-software-6958623", "description": "The head of the accounting department at a major software manufacturer has asked you to put together a pro forma statement of the company's value under several possible growth scenarios and the...", "stars": 3 }, { "url": "\/study-help\/questions\/mrs-porters-mother-is-a-feisty-independent-86yearold-widow-by-1500034", "description": "Mrs. Porter's mother is a feisty, independent 86-year-old widow by the name of Mary Brown. Mary Brown still lives in her own home, with a few hours of home support twice a week. Mary comes into the...", "stars": 3 }, { "url": "\/study-help\/questions\/2-missing-data-roi-the-following-excerpted-data-were-taken-5609895", "description": "2. Missing data, ROI. The following excerpted data were taken from a report published by retailing industry: Red Company Blue Company White Company Sales P6,000,000 P 4,800,000 P2 1,200,000 Net...", "stars": 3 }, { "url": "\/study-help\/questions\/maria-works-for-a-large-local-company-she-is-an-1424562", "description": "Maria works for a large, local company. She is an administrative assistant to the director of the Human Resources Department, the person who hires new employees. Many people come into Maria's office...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/3-a-processor-is-a-circuit-that-executes-a-list-10326216", "next": "\/study-help\/questions\/more-info-adjustment-data-at-december-31-2023-a-accrued-10326218" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "Johnson Corp reports municipal bond interest income as other income on its", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/johnson-corp-reports-municipal-bond-interest-income-as-other-income-10326217" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }t_id": "1" } }