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please explain how to answer this to find the current period tax liability, amount of tax for book purposes, and the deffered tax amounts (tax
please explain how to answer this to find the current period tax liability, amount of tax for book purposes, and the deffered tax amounts (tax rate is 21%) and how to do the general ledger to record them book income $1,000,000 additional accelerated deprecition $100,000 non cash warranty accrual $45,000 tax exempt municpal bond interest $9,000
book income $1,000,000
additional accelerated deprecition $100,000
non cash warranty accrual $45,000
tax exempt municpal bond interest $9,000
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
6th Canadian edition
978-1259024962
