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Meta Company reported the following account balances on December 31, 3 points 2019: (picture below). The deferred tax liability is based on temporary differences that
Meta Company reported the following account balances on December 31, 3 points 2019: (picture below). The deferred tax liability is based on temporary differences that will reverse in 2021. On December 31, 2019, what total amount should be reported as current liabilities? * Accounts payable 1,750,000 Bonds payable 3,400,000 Premium on bonds payable 200,000 Deferred tax liability 400,000 Dividend payable 500,000 Income tax payable 900,000 Note payable, due January 31, 2020 700,000 Your
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