Question
Question 18 In 2020 Crogan Eripes accrued revenue for financial reporting purposes that is reported on the installment basis for tax purposes. When this
Question 18 In 2020 Crogan Eripes accrued revenue for financial reporting purposes that is reported on the installment basis for tax purposes. When this temporary difference reverses in 2021, a future taxable amount will occur and OA Crogan will recont a deomase in a deferred tax liability in 2021 Os Cropas pretax financial income will exceed taxable income in 2021 OcOrogan's total income tax expense for 2021 will exceed current tax expense for 2021 OBCrogan will record an decrease in a deferred tax asset in 2021
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