Match up each of the numbered terms to the most appropriate lettered description. Submit your answers (In the format of number - letter) via the text box.

1. Deferred tax asset

2. Taxable temporary difference

3. Permanent difference

4. Valuation allowance

5. Temporary Difference

6. Taxable income

7. Noncurrent deferred tax asset, net

8. Income tax expense

9. NOL carryforward

10. Intraperiod income tax allocation

a. Current tax expense plus net changes in the deferred tax liability, deferred tax asset, valuation allowance and the unrecognized tax benefit balance sheet accounts.

b. An amount used to compute the cash taxes owed to the taxing authority.

c. The net of deferred tax assets, liabilities, and valuation allowance (relating to the same tax jurisdiction) presented on the balance sheet as a noncurrent asset.

d. May result in a reduction of income tax paid to taxing authorities in future periods.

e. Accounted for using a balance-sheet approach.

f. A deferred tax balance sheet amount that has a debit balance.

g. A diffeence between accounting and taxable incomes that does not reverse.

h. An allocation of tax among the components in the income income statement and the statement of comprehensive income.

i. A contra asset account used to reduce deferred tax assets to the portion more likely than not to be realized.

j. An amount that represents a difference between GAAP and tax basis of an asset (liability) that will increase taxable income in future periods relative to financial accounting income.