All differences between the amount of income tax payable and the amount of income tax expense...

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All differences between the amount of income tax payable and the amount of income tax expense can be classified as either per

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Answer 1

Answer #1

Ans.A. Neither (X); Neither (X)

B. Temporary (T); Deferred Tax Asset (DTA)

C. Neither (X); Neither (X)

D. Temporary (T); Deferred Tax Liability (DTL)

E. Neither (X); Neither (X)

F. Permanent (P); Deferred Tax Asset (DTA)

G. Temporary (T); Deferred Tax Asset (DTA)

H. Temporary (T); Deferred Tax Liability (DTL)

I. Neither (X); Neither (X)

J. Temporary (T); Deferred Tax Asset (DTA)

K. Neither (X); Neither (X)

L. Temporary (T); Deferred Tax Liability (DTL)

M. Neither (X); Neither (X)

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Answer 2

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