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Of the following temporary differences, which one ordinarilycreates a deferred tax asset? 1. Intangible drilling costs 2. MACRS depreciation 3. Rent received in advance 4.
Of the following temporary differences, which one ordinarilycreates a deferred tax asset?
1. Intangible drilling costs
2. MACRS depreciation
3. Rent received in advance
4. Installment sales
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
