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Which of the following would create a deferred tax asset? A. Receiving interest from a municipal bond. B. Selling equipment on an installment note. C.

Which of the following would create a deferred tax asset?

A.

Receiving interest from a municipal bond.

B.

Selling equipment on an installment note.

C.

Requiring prepayment for service contracts.

D.

Using the modified accelerated cost recovery system of depreciation.

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