question 2 temporary differences

for the sale of 20 grills on August 1, 2018, and upon payment, assuming the customer paid on (1) August 20, 2018, and (2) September 29, 2018. Assume the company records sales net. 2. (10 pts) Temporary differences. There are four types of temporary differences. For each type: (1) indicate the type and cause of the difference, (2) give an example, and (3) indicate whether it will create a taxable or deductible amount in the future. 3. (20 pts)Long-term construction project accounting. Henry Construction specializes in the construction of commercial and industrial buildings. The contractor is experienced in bidding long-term construction projects of this type, with the typical proiect lasting fifteen to twenty-four months. The contractor uses the percentage of completion