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Simba Corporation had the following balances in its accounts at January 1, 2020: Deferred tax liability, January 1, 2020: $50000 Deferred tax asset, January 1,

Simba Corporation had the following balances in its accounts at January 1, 2020: Deferred tax liability, January 1, 2020: $50000 Deferred tax asset, January 1, 2020: $22000 Book income before tax: ...

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