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Problem 3-21 (Algorithmic) (LO. 5, 6) RadioCo, a domestic corporation, reports a deferred tax asset relating to receivables of $146,000 and a deferred tax
Problem 3-21 (Algorithmic) (LO. 5, 6) RadioCo, a domestic corporation, reports a deferred tax asset relating to receivables of $146,000 and a deferred tax liability relating to cost recovery of $189,800. How and where on the GAAP financial statement will RadioCo report these items? On the GAAP asset and deferred tax liability and report a $ RadioCo reports the deferred tax amounts as deferred tax . RadioCo can net the deferred tax
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