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Question text When the temporary difference due to accelerated tax' depreciation is reversing , which of the following accounts Will be credited in the journal

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Question text When the temporary difference due to accelerated tax' depreciation is reversing , which of the following accounts Will be credited in the journal Entry for accruing income taxes ?" ASSUME no Other differENCES EXIST Select ONE" a. Both Deferred Tax Liability and Income Tax Favable Q. Deferred Tax ASSET, but not Income Tax EXPENSE C. Income Tax Favable, but not Deferred Tax ASSET `. Income Tax EXPENSE, but not Deferred Tax Liability

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