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One multiple choice question Which of the following is not a future taxable temporary difference? Select one: O a. Subscriptions received in advance. b. Royalty
One multiple choice question
Which of the following is not a future taxable temporary difference? Select one: O a. Subscriptions received in advance. b. Royalty expense paid in advance. O c. An installment sale accounted for on the accrual basis for financial reporting purposes and on the installment (cash) basis for tax purposes. d. Interest received on corporate bonds. e. None of the other answers is correctStep by Step Solution
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