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TECHNICAL REVIEW connect. TR16-1 Temporary versus Permanent Difference: Listed below are a number of items that are required to adjust net income before income tax

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TECHNICAL REVIEW connect. TR16-1 Temporary versus Permanent Difference: Listed below are a number of items that are required to adjust net income before income tax to taxable income Item Add or Subtract a. Golf club dues, $20,000 b. Depreciation expense, $60,000 c. Development costs incurred during year; capitalized for accounting purposes, $100,000 d. Warranty costs accrued during year, $30,000

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