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Use the following information for the next two questions: For the second year, the amount credited to deferred taxes double be: $ 139, 500 $
Use the following information for the next two questions: For the second year, the amount credited to deferred taxes double be: $ 139, 500 $ 5, 835 $ 133, 665 $ 139, 500 None of the above For the second year, the amount debited to tax expense would be: $ 133, 665 $ 139, 500 $ 136, 665 $ 150,000 None of the above Darby purchased a new machine on January 1, for $ 210,000 Darby paid $ 10,000 down with the rest payable in 5 equal annual payments, beginning in one year, which include interest at 10%. The amount of each payment would be: $ 40,000 + interest $ 26, 379.75 $ 55, 397.47 $ 52, 759.50 Cannot be determined from information given Managerial Accounting is External based accounting focusing on the reporting and analysis of financial results Damage to goodwill that must be written of Made up formulas to make management feel good Internal based accounting assisting in management decision making All of the above
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