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What is true when income for tax purposes is higher than accounting income? a. Actual income taxes payable will be the same as accounting income
What is true when income for tax purposes is higher than accounting income?
a. Actual income taxes payable will be the same as accounting income tax expense
b. Actual income taxes payable will be higher that accounting income tax expense
c. Actual income taxes payable will be lower than accounting income tax expense
d. Actual income taxes expense is the same as actual income tax payable
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