Question
Jones Company reported pretax book income of $419,000. Included in the computation were favorable temporary differences of $51,900, unfavorable temporary differences of $20,950, and favorable
Jones Company reported pretax book income of $419,000. Included in the computation were favorable temporary differences of $51,900, unfavorable temporary differences of $20,950, and favorable permanent differences of $40,950. Book equivalent of taxable income is:
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
