Use the information from BE17- 24, but now assume the CCS Company is an IFRS reporter. What
Question:
BE17 - 24
Line Item Amount Reported
Deferred Tax Assets€“ Current _____________________
Deferred Tax Assets€“ Noncurrent _____________________
Deferred Tax Liabilities€“ Current _____________________
Deferred Tax Liabilities€“ Noncurrent _____________________
Transcribed Image Text:
Classification on the Balance Sheet ax Associated Item Receivable-Installment SaleS Equipment-Depreciation Expense Warranty Liability-Warranty Expense Net Operating Loss-Carryforward with Item Ourrent Noncurrent Ourrent Noncurrent $ 55,000- Liability 64,000- Liability 2,000 Asset 120,000 Asset
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Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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