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What events create permanent differences? What effect do these have on the determination of income taxes payable? Of deferred income taxes? Of tax expense?
What events create permanent differences? What effect do these have on the determination of income taxes payable? Of deferred income taxes? Of tax expense?
Posted by:Shadrack
Posted on:Oct 12,2022
Acccounting
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Deductible amounts
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Income taxes payable
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Tax liability
ASSIGNMENT A deferred tax liability (or asset) is described as the tax effect of the temporary difference between the financial statement carrying
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