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Question 2 of 20 : Select the best answer for the question 2. At December 31, 2018, Bella Luna Resorts had the following deferred income
Question 2 of 20 : Select the best answer for the question 2. At December 31, 2018, Bella Luna Resorts had the following deferred income tax items: Deferred tax asset of $54 million related to a current liability Deferred tax asset of $36 million related to a noncurrent liability Deferred tax liability of $120 million related to a noncurrent asset Deferred tax liability of $72 million related to a current asset Which of the following should Bella Luna report in its December 31, 2018 balance sheet? A. Noncurrent deferred tax asset of $90 million and a noncurrent deferred tax liability of $192 million B. Noncurrent deferred tax asset of $84,000 and a noncurrent deferred tax liability of $45 million C. Current deferred tax liability of $18 million D. Noncurrent deferred tax liability of $102 million Mark for review (Will be highlighted on the review page) > Review My Ang
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