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Pharoah Inc. has two temporary differences at the end of 2 0 2 4 . The first difference stems from installment sales, and the second
Pharoah Inc. has two temporary differences at the end of The first difference stems from installment sales, and the second one results from the accrual of a loss contingency. Pharoah's accounting department has developed a schedule of future taxable and deductible amounts related to these temporary differences as follows.
tabletableTaxable amountsDeductible amounts$$$$
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