What is the underlying balance sheet account where the Book Value is different from the tax basis and so causes the temporary difference? For each of the below:

Warranties (We didnt specifically do this in class, but there were some homework problems about warranties, so you should be able to handle them; warranty expense is recognized in its entirety on financial in year sales were made (matching principle); warranty costs are deductible from taxes in years paid. Theres an example in the text). Bad Debts (Allowance Method used on financial; direct write-off method used on tax). We didnt cover this in class and it is not in the book, but you should be able to figure this out. Prepaid expenses (we recognize expenses for financial purposes in the year(s) we benefit; for tax, we deduct when paid). We didnt do this in class; it is in the book. Estimated Expenses matching principle determines expense recognition on financial; cash basis determines tax deductibility on tax). Advances for rent collection (We recognize rent revenue on financial in the period(s) we earn it; for tax, rent advances are taxable in the period we receive the cash (Cash basis)). Compensation where compensation is based on performance one fiscal period but paid in others (compensation expense is recognized on financial in the period the company benefitted the period where the worker worked for us; on tax we deduct in the period(s) paid).