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Stuart Corporations taxable income differed from its accounting income computed for this past year. An item that would create a permanent difference in accounting and

Stuart Corporations taxable income differed from its accounting income computed for this past year. An item that would create a permanent difference in accounting and taxable incomes for Stuart would be

a. a balance in the Unearned Revenue account at year end.

b. using acerated depreciation for tax purposes and straight-line depreciation for book purposes.

c. life insurance premiums for its key officers.

d. making installment sales during the year.

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