Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

South, Inc., obtiene una utilidad neta contable antes de impuestos de $400 000 en el ao 1. Adquiere un activo depreciable en el ao 1

South, Inc., obtiene una utilidad neta contable antes de impuestos de $400 000 en el ao 1. Adquiere un activo depreciable en el ao 1 y su depreciacin fiscal del primer ao supera la depreciacin contable en $50 000. Al final del ao 1, el saldo de la cuenta de pasivo por impuestos diferidos de South es de $10,500. En el ao 2, South gana $500 000 en ingresos netos contables antes de impuestos y su depreciacin contable supera la depreciacin fiscal en $20 000. South no registra otras diferencias contables temporales o permanentes. Suponiendo que la tasa impositiva de EE. UU. sea del 21 %, cul es la provisin total de South para gastos de impuestos sobre la renta informados en sus estados financieros GAAP para el ao 2?

a.$4,200

b.$94,500

c.$109,200

$105,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Practitioners Guide To Edp Auditing

Authors: Jack Mullen

1st Edition

0136912621, 978-0136912620

More Books

Students also viewed these Accounting questions

Question

Convert from radians to degrees. 8/3

Answered: 1 week ago

Question

d. How were you expected to contribute to family life?

Answered: 1 week ago